December 23, 2014 — Philips has signed an agreement with Image Stream Medical (ISM) that allows Philips to further expand its hybrid suite and interventional lab solutions with integrated video and live streaming capabilities. As part of the agreement, Philips has acquired a minority stake in ISM. Financial terms of the agreement were not disclosed.
Through this partnership, Philips will be able to offer complete integrated solutions and associated consultancy services, complementing its offering of live-image guided solutions, clinical informatics and services. The combined Philips and ISM offering will be available in the United States from January 2015 onwards.
Image-guided minimally invasive therapies, particularly those performed in the hybrid suite, are complex and technically demanding. They however provide key benefits for health systems and patients, including reduced patient trauma, shorter recovery times and shorter hospital stays, thereby contributing to lower healthcare costs. For these procedures, there is a clear need for the comprehensive integration of real-time information from all relevant technologies, thus making these procedures more effective and easier to perform.
The trend towards image-guided minimally invasive therapies continues to grow, requiring integrated solutions that enable physicians to optimally perform their procedures. ISM provides advanced solutions for the control, routing, capturing and management of data and images utilized in various procedural environments, including hybrid suites and interventional labs.
ISM's platform includes audio/video integration, informatics integration, recording, streaming and conferencing solutions. The company’s EasySuite is designed to enhance operating room, hybrid suite and interventional lab flexibility, staff satisfaction and patient safety, and enables secure and easy sharing and archiving of data inside and outside the lab – including data for the electronic medical record (EMR).
For more information: www.philips.com