Royal Philips Electronics and Misys Healthcare Systems announced a plan to join forces to provide a comprehensive solution for the homecare market. The companies intend to develop an integrated software platform that enables homecare agencies to provide high quality care to chronically ill patients while benefiting from operational efficiencies in monitoring and managing their patients’ health status.
Through this nonexclusive agreement, the companies seek to combine Philips’ experience in telehealth and remote patient monitoring with Misys’ expertise as one of the leading providers of clinical and business software for the U.S. homecare market. Misys and Philips intend to work together to offer deeper integration of vital signs data and health status information into the patient record, providing a more comprehensive clinical review application than is currently available from telehealth providers today. The goal is to provide a powerful solution that helps homecare agencies optimize care for patients most in need of clinical attention, in order to reduce hospital readmissions and healthcare costs associated with chronic disease.