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Philips partners with leading network of health care centers in Russia

by Lauren Dubinsky, Senior Reporter | December 23, 2016
Business Affairs European News
The 10-year deal is worth
EUR 74 million
Today Royal Philips announced a 10-year, EUR 74 million partnership with one of Russia's top networks of health care centers, Expert Group of Companies.

As part of the partnership, Philips will supply Expert's new clinics with high-end MR, CT, ultrasound and angiography systems, as well as integrated clinical informatics solutions.

Philips will offer its clinical expertise, consulting services and technology planning for the Group's multi-disciplinary medical centers and specialized cardiac centers. Philips and Expert will also work together to develop educational programs for MR, ultrasound and endovascular diagnostics.

The partnership will also work toward improving the provision of medical services in the existing Expert diagnostic centers across Russia, building new hospitals and developing new business models.

The companies plan to develop a regional network of 35 multi-disciplinary medical centers to broaden the range and scale of service provision.

Since cardiovascular disease is one of the main challenges for Russia's health care system, Philips and Expert will develop and implement integrated programs for cardiology that include prevention, diagnosis, treatment and home care. Physician training and the process of introducing new therapies into clinical practice will also be addressed.

“We firmly believe that this cooperation will improve patient outcomes and help to develop high-tech medical care in Russia," Arman Voskerchyan, CEO of Philips Russia and Central Asia, said in a statement.

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