By Shane Tickell, CEO, IMS MAXIMS.
Royal Philips (NYSE: PHG, AEX: PHIA) reports fourth-quarter comparable sales growth of 7%; operational results up by 20%; 2013 financial targets achieved. Healthcare comparable sales grew by 4% year-on-year. Customer Services recorded high-single-digit growth, while Home Healthcare Solutions achieved mid-single-digit growth. Imaging Systems and Patient Care & Clinical Informatics recorded low-single-digit growth. In growth geographies, comparable sales showed double-digit growth year-on-year, with strong increases in China, Central & Eastern Europe, Latin America and Middle East & Turkey.
Royal Philips (NYSE: PHG, AEX: PHIA) and MEDSI, Russia's largest network of private clinics, announced a strategic partnership to develop a clinical network aimed at providing efficient medical care in Russia. MEDSI president Alexey Chupin, and Peter Vullinghs, CEO of Philips in Russia and the Commonwealth of Independent States (CIS) have signed a Memorandum of Understanding (MOU) in Davos during a ceremony attended by Vladimir Evtushenkov, Chairman of the Board of Directors of Sistema Joint-Stock Financial Corporation (JSFC), and Frans van Houten, CEO of Royal Philips.
Royal Philips (NYSE: PHG, AEX: PHIA) has announced the formation of Healthcare Informatics Solutions and Services, a new business group within Philips’ Healthcare sector that offers hospitals and health systems the customized clinical programs, advanced data analytics and interoperable, cloud-based platforms necessary to implement new models of care.