GlobeNewsWire
18 May 2026, 08:00 UTC · 3d ago
Source · https://www.globenewswire.com/news-release/2026/05/18/3296331/0/en/Philips-to-deliver-vital-technology-for-hospital-at-home-care-for-up-to-15-000-patients-annually-in-Region-Stockholm.html
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Royal Philips leads a consortium that won a tender from Region Stockholm to implement a region-wide hospital-at-home remote monitoring program. — Winning a large-scale regional tender provides guaranteed long-term revenue and validates Philips' connected care strategy in a key European market.
+0.40The agreement is for a duration of up to eight years and will support care for up to 15,000 patients annually across a population of 2 million people. — The long-term nature of the contract ensures revenue stability and provides a scalable blueprint for future regional expansions.
+0.30Philips is partnering with Swedish digital health firm Cuviva and Nordic specialist Vingmed to deliver the integrated IT platform and clinical devices. — While showing strategic collaboration, the impact is lower as Philips is sharing the delivery and implementation with partners.
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Philips led a consortium selected for a major multi-year hospital-at-home initiative in the Stockholm region.
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