Philips and VPS Healthcare Sign 10-year Agreement for Philips' Enterprise-Wide Electronic Medical Record Solution

Amsterdam, the Netherlands and Abu Dhabi, United Arab Emirates - Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and VPS Health care, among the Middle East's biggest healthcare teams, today announced the signing of a multi-year partnership contract to install Philips Tasy EMR in VPS Medical care health centers and clinics throughout the United Arab Emirates, Oman and India. Tasy EMR is Philips' next generation Electronic Medical Record (EMR) and care management solution, which addresses the shortcomings of conventional EMRs.

" With Philips Tasy EMR, we will relocate from numerous IT platforms to a solitary integrated remedy that permits us to take care of all scientific and logistical processes," said Dr. Shamsheer Vayalil, Chairman and Managing Director of VPS Healthcare. "We need our data to be offered anywhere and whenever it's required. Tasy EMR's capability to relocate person and administrative information around throughout the entire VPS network is vital to the top quality smooth care that VPS Healthcare intends to provide in the region."

" The contract with VPS Health care underlines that we have an extremely strong profile of health informatics options to support the needs of medical professionals and health systems in boosting client care while also maximizing procedures and making use of resources throughout their companies," said Frans van Houten, Chief Executive Officer of Royal Philips. I am convinced that Tasy EMR will help VPS Healthcare to improve both the quality of care and the patient and staff experience at lower cost.

Conventional EMRs generally contain basic medical and professional data about an individual, and were originally made to utilize this information mostly for management tasks such as billing. Philips Tasy EMR takes a different approach and is developed to simplify operations and maximize individual treatment It offers a solitary incorporated platform and data source to allow central monitoring of clinical, business and administrative procedures. These variety from client care to inventory and supply administration, earnings cycle monitoring and economic coverage. Various other procedures covered by Tasy EMR consist of bed management, and the organizing of spaces and team for visits and medical treatments. By managing both medical and administrative process, Tasy EMR links the dots between various facets of patient treatment. Created to be highly versatile through traceable customer roles and accounts, it equals a hospital's operations, standards and key performance indicators.

Primary, secondary and tertiary care.
VPS Healthcare is just one of the biggest integrated healthcare groups Middle East, with 22 functional healthcare facilities, over 125 health clinics, 13,000 staff members, among the largest pharmaceutical manufacturing plants in Dubai, and medical support services spread across the Middle East, Europe and India.

This new partnership arrangement between Philips and VPS Health care represents a crucial step in the Tasy EMR success tale past Latin The U.S.A., where Philips currently delights in a leading position in the EMR market with around 1,000 installations at doctor in Brazil and Mexico. The use of Tasy EMR has already aided eight Brazilian health centers get EMR Adoption Model Phase 6 accreditation and assisted one healthcare facility get Design Phase 7 (highest level possible) from HIMSS Analytics, implying they are near-paperless and are driving combination, safety and analytics to enhance client care.

Philips IntelliSpace Enterprise Edition
In selected markets Philips Tasy EMR is likewise offered as part of Philips IntelliSpace Venture Version, which makes it possible for health systems to manage the development and expense of their scientific business with a managed service version. It uses a complete suite of interoperable healthcare informatics applications and services for healthcare facilities and integrated health networks that assists to more enhance quality of care, while meeting the developing difficulties of budget constraints.