Editor's note: This article has been updated with context from Philips regarding the number of helium-free scanners installed in the U.S.
Shez Partovi, chief innovation and strategy officer at Philips, spoke with MobiHealthNews during the JPM Healthcare Conference about the company’s advancements in pathology and radiology and its perspective on responsible AI development.
MobiHealthNews: What...
Julia Strandberg, executive vice president and chief business leader of connected care at Royal Philips, told MobiHealthNews that key healthcare trends in 2024 included advancements in home-based care and digital health reimbursement.
While these innovations aim to improve patient outcomes, she said, challenges remain in scaling care delivery and aligning incentives. However, progress in...
Health technology company Royal Philips, launched Philips Avent Premium Connected Baby Monitor, which comes with the company's proprietary SenseIQ sleep, breathing-tracking and cry-detection and translation technologies.
A baby unit camera, parent unit and the Philips Avent Baby Monitor+ mobile app allows parents to view the baby, while SenseIQ tracking technology evaluates millions of pixels...
Qure.ai nets $65M for foundational AI
Qure.ai has raised $65 million in a Series D funding round led by Lightspeed and 360 ONE Asset.
The company said it will use its fresh funds to invest more in foundational AI models, as well as acquire complementary startups in medical technology. It will also be used to accelerate its expansion in the United States and other markets.
Early this year, the...
Philips received a warning letter from the FDA in February, which the Agency posted on Tuesday, stating that an inspection of the tech giant's manufacturing facility in Suzhou, China, that makes CT and ultrasonography systems revealed it was not in compliance with the Quality System Regulation's good manufacturing requirements.
The FDA said an inspection of the facility in October showed the...
Philips announced the launch of a new radiation-free imaging technology dubbed LumiGuide, which uses light reflections to provide 3D images of devices within the body.
LumiGuide is a device guidance tool powered by fiber optic technology that allows surgeons to visualize a device within the body without being exposed to radiation.
The tool gives surgeons access to real-time 3D device-guidance in...
Royal Philips made several announcements at RSNA23 in Chicago yesterday, including the release of its next-generation AI-enabled advanced visualization workspace, its AI Manager and the BlueSeal MR Mobile Unit.
The company's visualization workspace for health systems is an AI-powered offering aimed at improving workflows using a single platform for multiple modalities. The company said it helps...
Editor's note: This story has been updated with a comment from Philips.
Royal Philips received an additional $44.6 million from the Bill and Melinda Gates Foundation, bringing its total received to $60 million, to support the global deployment of the tech giant's AI-enabled, FDA-cleared Lumify Ultrasound System.
In 2021, Philips received an initial grant of $15.4 million from the Gates...
Philips will cut another 6,000 jobs worldwide as part of a turnaround plan after a recall of its respiratory devices and supply chain woes cut into the health tech giant's financials.
Philips said the workforce reductions will take place by 2025, with half of the cuts coming this year. The company had previously announced it would lay off 4,000 employees in October, shortly after its new CEO Roy...
Medtech companies Philips and Masimo are expanding their patient monitoring partnership to include the latter's new W1 wearable.
The collaboration allows vital sign data from the W1 watch to be sent to Philips' patient monitoring ecosystem, so clinicians can keep an eye on patients after they've been discharged from the hospital.
Masimo launched the W1 for consumer use in August. At the time,...