Philips and BIOTRONIK Expand Care for Out-of-Hospital Cardiology Labs With New Strategic Alliance

• Alliance further strengthens Philips’ industry-leading SymphonySuite solution, a complete, integrated offering to support clinicians or hospitals to open and operate office-based labs and ambulatory surgery centers
• Addition of BIOTRONIK’s cardiovascular technologies and products to the Philips SymphonySuite device programs expands the volume of procedures clinicians can perform in out-of-hospital settings, which can benefit patient outcomes, while reducing overall costs

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced it has teamed up with BIOTRONIK (Lake Oswego, Oregon, United States) a leading global medical device company with products and services that improve the lives of patients suffering from cardiovascular and endovascular diseases, to expand the range of cardiovascular devices available for Philips SymphonySuite customers.

Philips SymphonySuite is the market-leading solution for opening and expanding cardiovascular office-based labs (OBLs) and ambulatory surgery centers (ASCs), and includes a full range of high-performing, highly specialized equipment and devices, personalized services, financing options, site-planning, ongoing operational support, and device programs.

With more procedures moving to out-of-hospital care settings such as OBLs and ASCs, the combination of Philips SymphonySuite and the full range of BIOTRONIK’s cardiac rhythm management, cardiovascular intervention, and peripheral vascular intervention product portfolio provides more options to individualize patient care and create treatment strategies for low-risk cardiac procedures performed in these settings.

Healthcare providers continue to support this shift of care settings due to patient demand, improvements in medical technology, and operational benefits. Out-of-hospital care settings increase access to care and allow for a more personalized patient experience with a lower risk of hospital-acquired infections for patients. In general, procedures performed in out-of-hospital settings have lower overhead and capital costs – and these savings help drive lower costs for patients. 

“Philips is committed to expanding access to care through its innovative solutions and BIOTRONIK’s alliance adds additional devices, including a cardiac rhythm management portfolio, to SymphonySuite,” said Chris DeCarolis, Head of Procedural Solutions for Image Guided Therapy at Philips. “We will continue to evolve to stay ahead of the needs of physicians and patients and provide cardiovascular equipment, devices and services in out-of-hospital settings while reducing cost pressures via innovative business models.”

Atul Suri, Vice President of Commercial Excellence at BIOTRONIK, added: “Through BIOTRONIK’s innovative cardiovascular technologies, we’re committed to partnering with outpatient sites of service. Aligning with Philips will allow us to bring greater value to our outpatient customers, particularly those with capital equipment needs for ASC and OBL facilities.”

About Royal Philips

Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people's health and well-being through meaningful innovation. Philips’ patient- and people-centric innovation leverages advanced technology and deep clinical and consumer insights to deliver personal health solutions for consumers and professional health solutions for healthcare providers and their patients in the hospital and the home. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, ultrasound, image-guided therapy, monitoring and enterprise informatics, as well as in personal health. Philips generated 2022 sales of EUR 17.8 billion and employs approximately 74,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.
 
About BIOTRONIK

BIOTRONIK is a leading medical device company that has been developing trusted and innovative cardiovascular and endovascular solutions for more than 50 years. Driven by a purpose to perfectly match technology with the human body, BIOTRONIK innovations deliver care that saves and improves the lives of millions diagnosed with heart and blood vessel diseases every year. BIOTRONIK is headquartered in Berlin, Germany, and represented in over 100 countries.