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Philips Selected for Home Hospitalization of 15,000 Patients in Stockholm

Royal Philips, alongside Cuviva and Vingmed, was selected on Monday to provide remote monitoring technology for the Stockholm Region's home hospitalization program. The agreement will enable the delivery of hospital-level care at the homes of up to 15,000 patients annually.


Philips Selected for Home Hospitalization of 15,000 Patients in Stockholm

A Consortium for Remote Monitoring in Sweden

Royal Philips announced on Monday its selection following a tender by the Karolinska University Hospital for the Stockholm Region. The consortium, consisting of Philips, Cuviva, and Vingmed, was chosen to support the home hospitalization initiative of the Stockholm Region.

This program will deliver hospital-level care at patients' homes across the region. The proposed technology is based on remote monitoring for patients in complex situations.

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Context

Period
  • Period: S1 2026
Key reported figures
  • Revenue: 8 265 millions d'euros
  • Quarterly revenue: 8 265 millions d'euros
  • Net income: 535 millions d'euros
  • 5 676 millions d'euros
Outlook / guidance
  • Expected revenue: 18 503 millions d'euros
  • Management commentary: « Comparable sales growth: 3%-4.5% »

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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