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Philips Teams up With Integrated Oncology Network, Reinforcing Its Commitment to the Future of Cancer Care
Date:10/18/2011

ANDOVER, Mass., Oct. 18, 2011 /PRNewswire/ -- Royal Philips Electronics (AEX: PHI, NYSE: PHG) today announced it is teaming up with Integrated Oncology Network, LLC (ION), a development, practice management and advisory firm committed to patient care and quality in oncology. Building on its existing strength in advanced imaging, treatment planning, image-guided interventional therapy, home monitoring and IT solutions for oncology, this partnership signals Philips' vigorous expansion of services to address broader issues in cancer service management – and ultimately facilitate better patient care.

(Logo: http://photos.prnewswire.com/prnh/20110726/NY41282LOGO)

According to the American Cancer Society's "Global Cancer Facts & Figures," there are 12 million new cancer cases each year – that is, 33,000 per day. While patients and clinicians depend on technology innovation to help deliver better outcomes, declining reimbursement and increasing accountability are forcing cancer administrators to examine every aspect of care for efficiencies and cost effectiveness. Additionally, with greater numbers of patients living with – and ultimately winning – the battle against the disease, the operational side of cancer care is more important than ever. The ION partnership will aid cancer care administrators with operational solutions that support clinical practice and improve patient care, with the aim of reducing costs across the entire health care system.

"Philips is constantly pursuing new ways to meet evolving needs in oncology across the continuum of care – from early detection and diagnosis to treatment and surveillance, and from hospital to home," said Pat Venters, general manager, Oncology Care Cycle, for Philips Healthcare. "Part of that involves staying ahead of the curve in terms of the clinical solutions that we offer, but another cr
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SOURCE Royal Philips Electronics
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