Philips Collaborates with Microsoft to Enhance Healthcare Efficiencies

March 5, 2010

Andover, Mass., USA – Royal Philips Electronics (NYSE: PHG, AEX: PHI) today announced collaboration with Microsoft Corp. to build on Philips Healthcare’s foundation of healthcare informatics and advanced clinical decision support offerings that drive efficiency and effectiveness at the point of care. Working together, the companies aim to integrate technologies that will yield faster delivery of meaningful health information, further improve healthcare efficiency and productivity, and reduce development and infrastructure costs.

“We are driving towards a significant paradigm shift from, on the one hand, simply reporting healthcare analytics to, on the other hand, creating systems which actually provide access to health information when and where it is needed,” said Deborah DiSanzo, CEO, Healthcare Informatics and Patient Monitoring, for Philips Healthcare. “Philips and Microsoft are in a unique position to work together for the betterment of the healthcare system by effectively helping to close the healthcare technology loop.”

The companies share a common vision for advancing healthcare transformation: simplified clinician workflow, better financial outcomes and improved patient care.

“Information is only as powerful as the ability to share it among those that play an integral role in patient care,” said Tim Smokoff, general manager of Worldwide Health at Microsoft. “This collaboration is a step toward integrating different sources of information, and then providing actionable knowledge in clear, useful formats that suit the needs of the different people who are working to improve care at the point of care.”

www.philips.com

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