Jackson Health System in Miami entered into an 11-year "Enterprise-Monitoring-as-a-Service" partnership with Royal Philips, the health technology vendor confirmed June 27.
Here are four notes on the agreement:
1. Under the EMaaS partnership, Jackson Health System will be able to adopt patient monitoring systems, such as wearable biosensors, for a per-patient fee and adopt standardized patient monitoring for each care setting across its network.
2. Philips will maintain ownership of hardware, software and networking solutions related to patient monitoring technologies at Jackson Health System — a move that contrasts the traditional business model, in which the hospital would purchase and own the patient monitoring system and maintain responsibility for ongoing upgrades.
3. Philips will also provide technical support, continuing education, and asset and data management as part of the deal.
4. In a June 27 company statement, Philips officials suggested the EMaaS agreement would provide a useful business model for health systems nationwide.
"By applying the Software-as-a-Service model to enterprise patient monitoring in healthcare, Philips and Jackson can reinvent how health systems adopt technology," said Vitor Rocha, CEO of Philips North America. "This model will allow them to manage costs on a per patient basis and future-proof their monitoring technology."