Dutch Philips in major deal with Canadian hospitals

November 10, 2015

Dutch electronics giant Philips announced Tuesday the inking of a multi-million-euro contract with Canada's Mackenzie Health to install and run a raft of state-of-the-art hospital equipment over the next 18 years.

The two companies in a statement said the 300 million Canadian dollar (211 million euro, $225 million) deal will "advance Mackenzie Health's medical technology procurement" at two hospitals in Ontario's Southwest York region.

The deal includes the installation, integration and the update of high-tech machines, many of which are equipped with the latest so-called "Internet of Things" technology to allow for the instant transfer of data between devices.

This means for instance that when a patient is transferred from one department to another in a during emergency treatment, information on the patient's condition is instantly available, Philips chief executive Frans van Houten said.

"In the case of a stroke, for example, one can well imagine that it's crucial to have quick information," Van Houten told AFP.

He added the "is our first big contract of this kind in Canada."

Philips and Mackenzie Health aim to create two "smart hospitals" at the Richmond Hill Hospital north of Toronto, which serves more than 500,000 people, and the new 350-bed Mackenzie Vaughan Hospital to be completed in 2019, the statement said.

Philips has also concluded similar agreements in the Netherlands, Sweden and the United States.

Explore further: Healthy profit rise for Philips

Related Stories

Healthy profit rise for Philips

July 27, 2015

Rising sales of medical equipment helped drive a 12 percent increase in second quarter net profit at Dutch electronics manufacturer Philips, the company said Monday.

Philips to buy US medical imaging firm Volcano

December 17, 2014

Royal Philips NV said Wednesday it has agreed to acquire U.S. medical equipment maker Volcano Corp. for $1.2 billion (around 1 billion euros) in a deal that would beef up its presence in technology which allows doctors to ...

Philips breaks off deal with Funai (Update)

October 25, 2013

Royal Philips NV said Friday it has ended a $200-million sale and licensing deal it struck this year with Japan's Funai Electric Co. and will seek damages for breach of contract.

Philips first-quarter net income down

April 18, 2011

Dutch electronics giant Philips said Monday that first-quarter net income had fallen 31.3 percent and announced a joint venture with Hong Kong-based TPV for its flagging television business.

Philips loss shrinks in Q4; sheds division (Update)

January 29, 2013

Royal Philips Electronics NV Tuesday said it will sell the entertainment division which contains many of the consumer products for which it is best known, such as audio and video equipment, to Funai Electric Co., Ltd., of ...

Recommended for you

Researchers 3-D print electronics and cells directly on skin

April 25, 2018

In a groundbreaking new study, researchers at the University of Minnesota used a customized, low-cost 3D printer to print electronics on a real hand for the first time. The technology could be used by soldiers on the battlefield ...

Balancing nuclear and renewable energy

April 25, 2018

Nuclear power plants typically run either at full capacity or not at all. Yet the plants have the technical ability to adjust to the changing demand for power and thus better accommodate sources of renewable energy such as ...

Electrode shape improves neurostimulation for small targets

April 24, 2018

A cross-like shape helps the electrodes of implantable neurostimulation devices to deliver more charge to specific areas of the nervous system, possibly prolonging device life span, says research published in March in Scientific ...

China auto show highlights industry's electric ambitions

April 22, 2018

The biggest global auto show of the year showcases China's ambitions to become a leader in electric cars and the industry's multibillion-dollar scramble to roll out models that appeal to price-conscious but demanding Chinese ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.