Under the terms of the agreement, which is the largest of its kind in Andalusia and one of the largest in Spain, Philips is providing Campus de la Salud Hospital with a technology management model to meet its current and future healthcare needs, while also taking responsibility for the maintenance, upgrading and renewal of the equipment and systems until 2024. With more than 90% of the hospital's equipment being renewed, over 900,000 people in the region served by Campus de la Salud will now have access to the most up-to-date technologies to aid in the diagnosis, treatment and monitoring of their clinical conditions.

Today also marks the transfer of existing in-patients to the hospital’s brand new clinical care units. Philips solutions now available to them include Spain's first fully digital pathology laboratory, equipped with Philips' advanced digital pathology solutions, including a state-of-the-art digital pathology image management system and innovative data analytics. Other equipment being installed by Philips will include a 3T MRI scanner, four CT systems and two systems for image-guided minimally-invasive therapies, to enhance the treatment of cardiovascular diseases and cancer. Patients and care providers will also enjoy the benefits of advanced clinical information and patient monitoring systems. At the same time the hospital staff will have access to integrated connected care solutions that improve workflows and optimize utilization of the hospital's resources.

"In collaboration with the healthcare industry, Philips is committed to creating the scale and integration needed for a global sustainable approach to healthcare delivery," said Juan Sanabria, Market Leader of Philips Ibérica. "Combined with our deep clinical and consumer domain expertise, we are uniquely positioned to enable transformative solutions that translate into real solutions for consumers and customers alike."

The strategic partnership also includes a framework agreement for joint research in key areas of healthcare, as well as the training of professionals in new technologies and clinical procedures. As part of this framework agreement, Philips will make the new PTS hospital campus a benchmark for joint research projects in various areas of health, including clinical research and improvement of care processes.

As a pioneer, Philips has been implementing more than 40 of these long-term, strategic partnerships globally. Recent examples include partnerships with Westchester Medical Center Health (US), Marin County Hospital (US), Heart Hospital Tampare (Finland) and Karolinska Hospital (Sweden). In Spain, Philips has similar partnerships with the Santa Creu I Sant Pau Hospital and the University and Polytechnic Hospital La Fe in Valencia. These collaborations are based on a managed equipment services model through which hospitals have access to state-of-the art equipment (including those of other vendors) and services for a multi-year term under a single payment structure. This includes procurement, installation, systems integration, maintenance, timely updates and research to ensure that the hospitals involved are provided with the medical technologies that their departments require for the optimal delivery of care.

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About Royal Philips
Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people’s health and enabling better outcomes across the health continuum from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. The company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care. Philips’ wholly owned subsidiary Philips Lighting is the global leader in lighting products, systems and services. Headquartered in the Netherlands, Philips posted 2015 sales of EUR 24.2 billion and employs approximately 105,000 employees with sales and services in more than 100 countries.