HME Industry Q&A with John Frank
HC: Philips is a large company that participates in a lot of markets. Why is HME important?
JF: Philips has a strong global presence in the larger health-care industry, including solutions for imaging, patient monitoring, ventilation and sleep-disordered breathing, to name a few. The home health-care market is complementary to Philips’ overall goal to provide health care wherever it is needed. Patients with chronic conditions often move among various health-care settings and we want to provide care at any location. We understand that people want their independence, so providing more ways for patients to be treated in their homes or on the go is of high importance.
HC: How do you expect the company’s HME business to expand or change in the future?
JF: Our home-care business, which we call Home Healthcare Solutions, helps people who struggle every day with chronic conditions such as sleep disorders, COPD and asthma. The prevalence of these conditions among an aging population will continue to rise and create higher demand for our solutions. Care in the home is desirable both to patients and their families, and is a less expensive alternative to hospitals or long-term care facilities. We are committed to helping providers enhance patient’s lives by delivering cost-effective solutions that drive better treatment, monitoring and management of their conditions.
HC: What does the company expect from its HME/DME dealer channel?