Georgia Delivery System Signs Huge Deal with Philips

Georgia Regents Medical Center in Augusta will receive a variety of technologies and services from Philips Healthcare under a 15-year contract worth about $300 million. The deal, the largest single contract worldwide for Philips Healthcare, includes pre-determined monthly operational costs over the life of the contract.

Philips will provide a range of diagnostic medical imaging patient monitoring and clinical informatics systems affecting all care areas as well as medical and clinical technology research initiatives. Philips will also provide lighting and consumer products, and consulting services covering innovative patient care strategies and operational performance. The goal is to transform care delivery and create a business model that addresses present and future clinical, operational and equipment needs.

Georgia Regents Medical Center includes a flagship 478-bed hospital with a Level 1 trauma center, 154-bed Children’s Hospital of Georgia and more than 80 outpatient primary and specialty clinics. Under the contract, the medical center also will have early access to new technologies and educational resources.