How Philips Uses Monitoring Tech to Help Close Care Access Gaps

As the nation’s healthcare industry continues to struggle with workforce shortages and access gaps, Philips is expanding beyond its traditional medtech roots. The company isn’t just selling monitoring devices — it’s using them directly to help health systems deliver diagnostic services in places where there aren’t many specialists.

Essentially, Philips operates as both a medtech manufacturer and a care provider, explained Nick Wilson, the company’s vice president of product, during an interview last week at Reuters’ MedTech USA conference in Boston.

He pointed out that this model helps address workforce shortages. For instance, many regions lack cardiologists, and Philips works with providers like Optum so primary care doctors can order cardiac monitoring. Philips handles all the tec