Philips HSDP is a healthcare platform that aims to improve patient care by securely collecting and integrating patient data from various sources for analysis in real time. This will enable higher quality home care solutions and an overall reduction in healthcare costs. The platform partners with Philips, Salesforce, AWS, Pivotal, and Radboud University to aggregate data from Philips devices and apps, maintain cloud infrastructure, and interface with legacy systems. Revenue will come from subscription fees from hospitals, clinics, pharmacies, and retail customers who use the platform for home monitoring, as well as consulting fees for integration services. Key success factors include high patient engagement, adoption across stakeholders, integration with third party apps, and
Philips HSDP is a healthcare platform that aims to improve patient care by securely collecting and integrating patient data from various sources for analysis in real time. This will enable higher quality home care solutions and an overall reduction in healthcare costs. The platform partners with Philips, Salesforce, AWS, Pivotal, and Radboud University to aggregate data from Philips devices and apps, maintain cloud infrastructure, and interface with legacy systems. Revenue will come from subscription fees from hospitals, clinics, pharmacies, and retail customers who use the platform for home monitoring, as well as consulting fees for integration services. Key success factors include high patient engagement, adoption across stakeholders, integration with third party apps, and
Philips HSDP is a healthcare platform that aims to improve patient care by securely collecting and integrating patient data from various sources for analysis in real time. This will enable higher quality home care solutions and an overall reduction in healthcare costs. The platform partners with Philips, Salesforce, AWS, Pivotal, and Radboud University to aggregate data from Philips devices and apps, maintain cloud infrastructure, and interface with legacy systems. Revenue will come from subscription fees from hospitals, clinics, pharmacies, and retail customers who use the platform for home monitoring, as well as consulting fees for integration services. Key success factors include high patient engagement, adoption across stakeholders, integration with third party apps, and
Group 1: Amol, Prameeta, Prashant, Naveena, Kartik, Abhinandana
Partners Activities Resources • Philips (to provide brand • Collection and • Extensive network value) aggregation of data of Philips devices • Salesforce (to provide • Real time data analytics Cloud computing • Existing network of expertise) • Maintain cloud based infrastructure potential clients • AWS (for cloud as service) • Consulting for • Patient generated • Pivotal (for interfacing with legacy systems) integrating the platform data • Radboud University • To launch and promote • Data privacy and new patient care • Third Party App journeys security center Developers • Ecare Apps • Patients Value Proposition • Improving the patients healthcare journey • Secure collection, integration of patients information from diverse sources (medical records, monitoring data, diagnostic images, physicians notes and patient generated data) for analysis • Enable quality and delivery of home care solutions for patient experience, with overall cost reduction in health care • Real time data for clinicians and patients • Integrated view for patients medical history Customer Channel Customer Segments Mix Base • Hospitals and Clinics • Direct Selling • Retail customers • to Hospitals and especially related to: Clinics with • certain ‘journeys’ existing Philips such as pregnancy equipment • Home care • Bundled solution monitoring via apps along with new • Pharmacies Philips equipment • Pharmaceutical Companies Cost Revenue Structure Streams • Cost of cloud • Subscription based infrastructure model for Hospitals • Cost of people & Clinics, Pharmacies and • Marketing costs retail customers • Consulting revenue for integration Key Success Factors for the platform • High Patient engagement in their health journey. To motivate the same conduct and share studies frequently ( monitoring at home led to 67% reduction in ER visits ) • Drive adoption amongst all stakeholders. • Reaching a critical mass of users by creating multiple patient journeys • Higher integration with third party apps and third party developers • Be compatible with data from non-Philips equipment • Aggressive promotion for awareness of usage of Philips home care solution, Awareness of the value of healthcare IOT with concrete data