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2005-10-02
Philips Medical Systems
Selected Partner for PACS
Seattle, WA, USA--(Jobwerx News)--Philips Medical to provide web-based
distribution solution iSite, with Picture Archive and Communications System
to MedAssets member hospitals.
Philips Medical Systems, a division of Royal Philips Electronics, announced
recently that it has been selected by MedAssets Supply Chain Systems as
a Group Buy partner for PACS (Picture Archive and Communications System)
with MedAssets member hospitals. For a six month period that began on
October 1, 2005 and will end March 31, 2006, Philips' Global PACS Business
Unit (formerly Stentor) has an exclusive vendor position where it will
provide iSite PACS to MedAssets members with additional pricing incentives
and other value-added terms.
Philips iSite PACS is an innovative image and information management system
that delivers on-demand, diagnostic-quality images over existing hospital
networks, advanced radiology reading stations for radiologists, and "always
online" longer-term storage.
MedAssets and Philips' Global PACS Business established a multi-year imaging
contract in January 2005 that designated the company as an approved PACS
vendor for MedAssets members.
The Group Buy partner status will provide MedAssets members the ability
to utilize either a service based delivery solution or a capital purchase
to implement PACS. Aside from purchasing a new PACS solution, members
may also choose to augment their existing PACS with Philips web-based
distribution solution, iSite Enterprise. iSite Enterprise is a web-based
solution that provides full fidelity, full resolution, diagnostic-quality
images and complete patient information anywhere across the enterprise.
Implementing a PACS solution not only drives down the cost of film significantly,
but also implements efficiencies associated with an enterprise-wide digital
image management solution.
"In this competitive market, Philips is honored to be selected as the
first PACS provider for MedAssets' Group Buy program," said Paul Unkel,
vice president, Corporate & GPO Accounts for Philips Medical Systems.
"MedAssets members now will have the opportunity to purchase iSite® PACS
at a scalable price, providing them with a high-quality healthcare IT
solution designed to enhance the delivery of quality patient care across
a hospital network."
Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is
one of the world's biggest electronics companies and Europe's largest,
with activities in the three interlocking domains of healthcare, lifestyle
and technology
MedAssets, headquartered in Atlanta, Georgia, improves healthcare providers'
margin and cash flow through revenue cycle and supply chain initiatives.
As a strategic business partner, MedAssets can replace multiple vendors
and decrease supply costs by 3-10 % and increase net patient revenue by
1-3 %. Proprietary information technology is used to work with and improve
existing IT assets and work processes. MedAssets, through its revenue
cycle subsidiary MedAssets Net Revenue Systems, provides best-of-breed
revenue solutions including strategic pricing, pre-bill charge capturing,
and ongoing chargemaster management tools, all of which have been Peer
Reviewed by the Healthcare Financial Management Association.
In addition, MedAssets offers the only technology enabled system that
links supply cost data with charge data to ensure accurate charges and
defendable markups for all patient identifiable supplies, including costly
medical devices. MedAssets, through its supply chain subsidiary MedAssets
Supply Chain Systems, operates the fastest growing group purchasing organization
and supply chain services company in the U.S. and builds customized solutions
encompassing procurement of common medical supplies, pharmaceuticals,
physician preference supplies, food and nutrition items, and capital equipment.
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