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Stock impact report

Hoag selects Philips to enhance and unify patient monitoring, elevating care across Orange County, USA

Koninklijke Philips N.V. NY Registry Shares (PHG) 
US:NYSE Investor Relations: philips.com/a-w/about/investor.html
Company Research Source: GlobeNewswire
October 30, 2025 10-year collaboration aims to connect scalable monitoring technology that streamlines workflows, supporting patient safety and the patient and clinician experienceAmsterdam, the Netherlands and Newport Beach, Calif., USA – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and Hoag, Orange County, California’s highest-ranked hospital, today announced a landmark 10-year strategic collaboration. The initiative will standardize and modernize patient monitoring across Hoag’s two acute care hospitals, including its expanded Sun Family Campus in Irvine, which in mid-2026 will add 155 inpatient beds. The solution, which delivers continuous monitoring, supports early intervention, patient-centered care and enables informed decision-making across hospital environments.Hoag will adopt Philips’ Enterprise Monitoring as a Service (EMaaS) model and implement the company’s latest IntelliVue MX750 bedside and X3 transport patient monitors across its network Show less Read more
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