Philips, Inspira partner on $50M deal

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Royal Philips, parent company of Philips Healthcare, and Inspira Health announced a strategic five-year partnership agreement at RSNA 2019 worth $50 million to standardize patient monitoring and create new diagnostic imaging systems.

The agreement will make Philips' products available to more than a dozen Inspira Health facilities and includes training and services that will help with Inspira's operational efficiency.

Inspira is comprised of three hospitals, a comprehensive cancer center, several multispecialty health centers, and a total of more than 150 access points. The health network is also opening a state-of-the-art hospital this month with an adjacent cancer center in January in Mullica Hill, NJ. Both sites will incorporate Philips technology.

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