Philips Healthcare Honored by Frost & Sullivan

Philips Healthcare has received the prestigious Frost & Sullivan 2013 India Healthcare Excellence Award for the Imaging Company of the year 2013.  Krishna Kumar, President, Philips Healthcare India was presented the award at a ceremony held in Mumbai today.

The coveted Frost & Sullivan India Healthcare Excellence Awards are presented to companies that demonstrate best practices in the Indian Healthcare and Life sciences industry. The awards program follows a rigorous methodology to recognize superior planning and execution of product launches, strategic alliances, distribution strategies, technological innovations, customer services, healthcare delivery services, and mergers and acquisitions. A host of other crucial factors such as leadership, strategy, growth, service, innovation, integration, marketing, financial performance, and development are also considered as part of the award methodology.

Jayant Singh, Associate Director, Pharma and Medical Technology, Healthcare Practice, Frost & Sullivan said "Focus on innovation, quality, and reliability makes Philips the most trusted and a dependable partner of choice for its customers. Unique financing schemes, a comprehensive range of solutions, focus on training, after sales backed by an excellent customer support network reinforced the perception of the company in the eyes of the customer”.

Accepting the award, Krishna Kumar said “The Frost & Sullivan award for Imaging Company of the year is indeed a great honour and it recognizes our efforts towards providing the best in healthcare in India. This recognition inspires us to remain committed to our incremental efforts towards innovation in healthcare technology.”

Philips is currently the market leader in healthcare and is present across 5 categories – Radiology, Cardiology, Oncology, Respiratory Care and Critical Care. Together with its R&D hub, called the Philips Innovation Centre based in Bangalore, the company has been at the forefront of innovation in healthcare, with more than 33 new innovative products being launched recently.