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Philips and Regional Medical Center announce $16 million, long-term strategic partnership to innovate patient care for reside

Press releases may be edited for formatting or style | December 10, 2019

Through Philips Medical Capital's flexible finance plan, long-term strategic partnerships also provide a predictable and stable financial model, while helping take the guesswork out of technology adoption. Its partnership with Philips will allow RMC to not only offer state-of-the-art technology and standardize its diagnostic imaging, but also better integrate imaging data, allowing clinicians to get access to the right patient data for better diagnosis and treatment.

"At Philips, we understand that delivering on the Quadruple Aim is a challenge for all health systems, regardless of size or location," said Vitor Rocha, Chief Market Leader of Philips North America. "With 1 in 5 Americans living in rural areas, it is important that we work with health systems like Regional Medical Center to bring innovative care closer to home for the communities they serve. Together, we can ensure that patients in more rural counties get the same access to quality care as their big city neighbors."



About Royal Philips
Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people's health and enabling better outcomes across the health continuum from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care. Philips generated 2018 sales of EUR 18.1 billion and employs approximately 80,000 employees with sales and services in more than 100 countries.


About Regional Medical Center
Owned by Orangeburg and Calhoun counties, Regional Medical Center (RMC) health care system includes a 286-bed, acute-care hospital certified by The Joint Commission and 24 primary care and specialty care practices. RMC also operates a new, 20,500-square foot emergency care facility serving Bamberg, Barnwell and surrounding areas. RMC has advanced certification as a Primary Stroke Center by The Joint Commission and is designated as a Level III Trauma Center by the South Carolina Department of Health and Environmental Control (DHEC).

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