Methodist Hospitals Selects Philips to Advance Neurovascular, Cardiology and Complex Interventional Radiology Services in Northwest Indiana
Methodist Hospitals will utilize one Philips Azurion biplane for both routine and complex procedures – such as active stroke intervention – designed to speed up and improve minimally invasive treatment. The health system will also standardize care on two single plane labs for cardiovascular care and a multi-purpose lab for complex cardiovascular and interventional radiology procedures. The Philips Azurion system has been shown to improve operational and clinical efficiency in the interventional suite while maintaining high quality care and staff satisfaction, including a 17% reduction in procedure time, providing the ability to treat one more patient per day [1].
'Having leading edge health technology is crucial to delivering on our mission to be the best place for employees to work, for patients to receive care and for physicians to practice medicine,' said Matt Doyle, President & Chief Executive Officer, Methodist Hospitals. 'Philips' trusted solutions will empower us to deliver exceptional care to our patients close to home. Our collaboration with Philips enables us to maintain the highest standards of care now and into the future, reinforcing our commitment to excellence in healthcare delivery.'
Methodist Hospitals is an award-winning healthcare provider that offers comprehensive services including emergency care, surgical services, oncology and cardiology, and is home to the Heart and Vascular Institute and NeuroScience Institute. The health system has more than 500 inpatient beds and more than 400 physicians and allied health professionals.
'These new interventional suites represent a significant step forward in fulfilling Methodist Hospitals' commitment to providing the highest level of care for every patient they serve,' said Jeff DiLullo, Chief Region Leader, Philips North America. 'Philips is proud to support these clinicians in making the right decisions faster, treating more patients more effectively, and achieving better health outcomes for their community with some of the most advanced interventional suites in the industry. We look forward to working closely with Methodist Hospitals to continue to transform the health of citizens in Northwest Indiana.'
The Philips Azurion Image-Guided Therapy System with FlexArm and ClarityIQ technology provides exceptional imaging with reduced X-ray dose [2], improved workflow and more efficient turnaround times [1], offering a high level of clinical confidence. Methodist Hospitals will also benefit from Philips' IntraSight with SyncVision for IVUS imaging and additional physiology and interventional tools to simplify complex interventions, speed routine procedures and provide improved patient care [3,4]. Control of all compatible applications from a single touchscreen at the tableside helps clinicians make fast and informed decisions without breaking sterility.
[1] Results from study conducted at St. Antonius Hospital. Results verified by NAMSA, independent third-party expert on study design and analytics. Results are specific to the institution where they were obtained and may not reflect the results achievable at other institutions.
[2] In 37 individual comparative studies, Philips ClarityIQ was associated with reductions in patient radiation exposure. The results of the application of dose reduction techniques will vary depending on the clinical task, patient size, anatomical location and clinical practice. The interventional radiologist assisted by a physicist as necessary has to determine the appropriate settings for each specific clinical task.
[3] Rao, Sunil V et al. 2025 ACC/AHA/ACEP/NAEMSP/SCAI Guideline for the Management of Patients With Acute Coronary Syndromes: A Report of the American College of Cardiology/American Heart Association Joint Committee on Clinical Practice Guidelines. Journal of the American College of Cardiology, S0735-1097(24)10424-X. 27 Feb. 2025, doi:10.1016/j.jacc.2024.11.009.
[4] Lawton J. et al. 2021 ACC/AHA/SCAI Guideline for Coronary Artery Revascularization. JACC. 2022;79(2):e21-e129. 2024.
About Methodist Hospitals
Methodist Hospitals is a community-based, not-for-profit health system with two full-service acute care facilities in Gary and Merrillville, Indiana, that has been healing Northwest Indiana for more than 100 years. Methodist Hospitals offers a number of award-winning programs, including its Breast Care Center, Cancer Center and Neuroscience and Heart and Vascular Institutes. Its range of services also includes Women & Children's Services, Bariatric Surgery services, Emergency services, Immediate Care Centers, Orthopedics & Spine services, comprehensive Rehabilitation services, Behavioral Health and Home Health services.
About Royal Philips
Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people's health and well-being through meaningful innovation. Philips' patient- and people-centric innovation leverages advanced technology and deep clinical and consumer insights to deliver personal health solutions for consumers and professional health solutions for healthcare providers and their patients in the hospital and the home.
Headquartered in the Netherlands, the company is a leader in diagnostic imaging, ultrasound, image-guided therapy, monitoring and enterprise informatics, as well as in personal health. Philips generated 2024 sales of EUR 18 billion and employs approximately 67,200 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.
*The opinions and clinical experiences presented herein are specific to the featured topic(s) and are not linked to any specific patient and are for information purposes only. The medical experience(s) derived from specified topic(s) may not be predictive of all patients. Individual results may vary depending on a variety of patient-specific attributes and related factors. Nothing in this news announcement is intended to provide specific medical advice or to take the place of written law or regulations.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
DIVIDEND ALERT! Dow Inc. (DOW) Snaps 3-Day Gains, Falls 17.4%
We recently published . Dow Inc. (NYSE:DOW) is one of the worst-performing stocks on Thursday. Dow Inc. snapped a three-day winning streak on Thursday, dropping 17.45 percent to close at $25.07 apiece as investor sentiment was dampened by a dismal earnings performance in the second quarter of the year. In its earnings release, Dow Inc. (NYSE:DOW) swung to a net loss of $801 million from a $458 million net income in the same period last year. It also posted a six-month net loss of $1.09 billion, reversing a $996 million net income in the same period last year. Net sales similarly declined by 7 percent to $10.1 billion in the second quarter, and by 5 percent to $20.5 billion from $21.68 billion year-on-year. Further dampening sentiment was the company's 50-percent drop in dividend per share, now to 35 cents from 70 cents previously. 'We are aligning the payout size to provide additional financial flexibility. Doing so ensures Dow's ability to prioritize the highest return-generating opportunities, while maintaining a competitive dividend,' said Dow Inc. (NYSE:DOW) Chairman and CEO Jim Fitterling. While we acknowledge the potential of DOW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Sign in to access your portfolio
Business Wire
3 hours ago
- Business Wire
Tamboran Appoints Board Chairman Dick Stoneburner as Interim CEO
NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation (NYSE: TBN, ASX: TBN): Tamboran Resources Corporation Chairman, Dick Stoneburner, said: 'Tamboran remains committed to completing the tie-in of the five wells on the Shenandoah South 2 pad that are planned to deliver gas into the Sturt Plateau Compression Facility (SPCF) and feed into the 40 MMcf/d Gas Sales Agreement with the Northern Territory Government. We remain focused on unlocking the significant value that we believe the development of the Beetaloo Basin will realize for shareholders and the stakeholders of the Northern Territory. 'Since joining Tamboran as CEO in 2013, Mr. Riddle has overseen the Company's transformation from early-stage natural gas exploration to the brink of commercial production. Under his leadership, Tamboran has pioneered integrated development strategies that combine recognized U.S. shale techniques with Australian operations, driving significant productivity and efficiency gains. 'Additionally, under Joel's leadership, Tamboran successfully acquired and expanded its key assets and operations, resulting in the Company becoming the largest acreage holder and operator in the Beetaloo Basin in the Northern Territory of Australia, with approximately 1.9 million net prospective acres. 'On behalf of the Board, I thank Joel for his dedicated service to Tamboran over the last 12 years and John for his valuable membership on our Board.' Tamboran Resources Corporation Chair of the Nomination and Corporate Governance Committee, Fred Barrett, commented: 'We are also pleased to welcome two deeply experienced executives, Scott and Phillip, to our Board of Directors. They each bring extensive leadership, operational, financial, capital raising, strategic partnering and risk management expertise to Tamboran. 'Their perspectives will be invaluable as we continue to prioritize strategic execution and operational innovation to capitalize on the enormous potential of the Beetaloo Basin. With the appointments of Scott and Phillip, the Board has meaningfully deepened its expertise in large-scale shale development.' The complete cooperation agreement with Sheffield Holdings will be filed on a Current Report on Form 8-K with the U.S. Securities and Exchange Commission. This announcement was approved and authorised for release by Dick Stoneburner, the Chairman of Tamboran Resources Corporation. About Tamboran Resources Corporation Tamboran Resources Corporation ('Tamboran' or the 'Company'), through its subsidiaries, is the largest acreage holder and operator with approximately 1.9 million net prospective acres in the Beetaloo Sub-basin within the Greater McArthur Basin in the Northern Territory of Australia. Tamboran's key assets include a 47.5% operating interest over 20,309 acres in the proposed northern Pilot Area, a 38.75% non-operating interest over 20,309 acres in the proposed southern Pilot Area, a 58.13% operating interest in the proposed Phase 2 development area covering 406,693 acres, a 67.83% operated interest over 219,030 acres in a proposed Retention License 10, a 77.5% operating interest across 1,487,418 acres over ex-EPs 76, 98 and 117, a 100% working interest and operatorship in EP 136 and a 25% non-operated working interest in EP 161, which are all located in the Beetaloo Basin. The Company has also secured ~420 acres (170 hectares) of land at the Middle Arm Sustainable Development Precinct in Darwin, the location of Tamboran's proposed NTLNG project. Pre-FEED activities are being undertaken by Bechtel Corporation. Note on Forward-Looking Statements This press release contains 'forward-looking' statements related to the Company within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended and Section 27A of the Securities Act of 1933, as amended. Forward-looking statements reflect the Company's current expectations and projections about future events at the time, and thus involve uncertainty and risk. The words 'believe,' 'expect,' 'anticipate,' 'will,' 'could,' 'would,' 'should,' 'may,' 'plan,' 'estimate,' 'intend,' 'predict,' 'potential,' 'continue,' 'participate,' 'progress,' 'conduct' and the negatives of these words and other similar expressions generally identify forward-looking statements. It is possible that the Company's future financial performance may differ from expectations due to a variety of factors, including but not limited to: our early stage of development with no material revenue expected until 2026 and our limited operating history; the substantial additional capital required for our business plan, which we may be unable to raise on acceptable terms; our strategy to deliver natural gas to the Australian East Coast and select Asian markets being contingent upon constructing additional pipeline capacity, which may not be secured; the absence of proved reserves and the risk that our drilling may not yield natural gas in commercial quantities or quality; the speculative nature of drilling activities, which involve significant costs and may not result in discoveries or additions to our future production or reserves; the challenges associated with importing U.S. practices and technology to the Northern Territory, which could affect our operations and growth due to limited local experience; the critical need for timely access to appropriate equipment and infrastructure, which may impact our market access and business plan execution; the operational complexities and inherent risks of drilling, completions, workover, and hydraulic fracturing operations that could adversely affect our business; the volatility of natural gas prices and its potential adverse effect on our financial condition and operations; the risks of construction delays, cost overruns, and negative effects on our financial and operational performance associated with midstream projects; the potential fundamental impact on our business if our assessments of the Beetaloo are materially inaccurate; the concentration of all our assets and operations in the Beetaloo, making us susceptible to region-specific risks; the substantial doubt raised by our recurring operational losses, negative cash flows, and cumulative net losses about our ability to continue as a going concern; complex laws and regulations that could affect our operational costs and feasibility or lead to significant liabilities; community opposition that could result in costly delays and impede our ability to obtain necessary government approvals; exploration and development activities in the Beetaloo that may lead to legal disputes, operational disruptions, and reputational damage due to native title and heritage issues; the requirement to produce natural gas on a Scope 1 net zero basis upon commencement of commercial production, with internal goals for operational net zero, which may increase our production costs; the increased attention to environmental, social and governance matters and environmental conservation measures that could adversely impact our business operations; risks related to our corporate structure; risks related to our common stock and CDIs; and the other risk factors described more fully in the Company's Annual Report on Form 10-K, which are expressly incorporated herein by reference, and other factors as may periodically be described in the Company's filings with the Securities and Exchange Commission. It is not possible to foresee or identify all such factors. Any forward-looking statements in this release are based on certain assumptions and analyses made by the Company in light of its experience and perception of historical trends, current conditions, expected future developments, and other factors it believes are appropriate in the circumstances. Forward-looking statements are not a guarantee of future performance and actual results or developments may differ materially from expectations. While the Company continually reviews trends and uncertainties affecting the Company's results of operations and financial condition, the Company does not assume any obligation to update or supplement any particular forward-looking statements contained in this document, except as otherwise required by law. Annexure A About Scott Sheffield Mr. Sheffield has more than 50 years of experience in the energy industry, including building a company into a top tier exploration and production company that was acquired by Exxon Mobil Corporation in a transaction that closed in May 2024. From 2019 until December 31, 2023, he served as a Director and Chief Executive Officer of Pioneer Natural Resources Company ('Pioneer'), a large publicly traded domestic upstream oil and gas company. He retired on December 31, 2023, as CEO and remained as a director until May 2024. Mr. Sheffield served as the founding Chief Executive Officer of Pioneer from August 1997 until his retirement in December 2016, and he also served as Board Chair from 1999 until 2019 when he returned as the CEO. Mr. Sheffield was the CEO of Parker and Parsley Petroleum Company, a predecessor company of Pioneer, from 1985 until it merged with MESA, Inc. to form Pioneer in 1997. Mr. Sheffield joined Parker and Parsley as a petroleum engineer in 1979, was promoted to Vice President of Engineering in 1981, was elected President and a Director in 1985, and became Board Chair and Chief Executive Officer in 1989. Mr. Sheffield served as a Director of Santos Limited, an Australian exploration and production company, from 2014 to 2017. He previously served as a Director from 1996 to 2004 on the Board of Evergreen Resources, Inc., an independent natural gas energy company. Mr. Sheffield holds a Bachelor of Science in Petroleum Engineering from the University of Texas. He has also served on various industry and education-related boards, including the National Petroleum Council, America's Natural Gas Alliance, and the Maguire Energy Institute of the Southern Methodist University Cox School of Business. Mr. Sheffield is also a 2013 inductee to the Permian Basin Petroleum Museum Hall of Fame. About Phillip Pace Phillip Pace has more than 30 years of energy industry experience. From 2017 to 2020 he served as a Director of Lonestar Resources US Inc., a then-publicly traded exploration and production company. From 2009 until his retirement in 2020, Mr. Pace was Founding Partner and Managing Director of Chambers Energy Management, a Houston-based investment firm focused on opportunistic credit investments in the energy industry. He also has extensive experience in energy finance, including 19 years in oil and gas equity research. Following his equity research career, Mr. Pace became Credit Suisse's Head of Exploration and Production Investment Banking in 2005 and Co-Head of Energy Investment Banking in 2006. During his career on Wall Street, Mr. Pace was involved in over $50 billion in completed M&A transactions and over $10 billion in equity capital raised for the exploration and production sector in more than 50 distinct transactions. Mr. Pace holds a Bachelor of Business Administration degree in Finance, with honors, from Texas A&M University and is a Chartered Financial Analyst. He serves on multiple education-related and non-profit boards, including the Yellowstone Academy and Angel Reach.
Business Insider
3 hours ago
- Business Insider
D-Wave Stock Skyrocketed 1,732%: Here's What Canaccord Expects Next
D-Wave (NYSE:QBTS) stock is attracting attention as quantum computing gains traction for its potential to revolutionize processing power and tackle problems beyond the reach of classical computers. While gate-based quantum systems remain mostly experimental, D-Wave's specialty – quantum annealing – has already been applied to real-world commercial challenges for years. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. That real-world applicability is a key reason why Canaccord analyst Kingsley Crane sees D-Wave as uniquely positioned in the quantum space. 'D-Wave is not only the clear market leader in quantum annealing but has lead innovation in the space since its inception,' the analyst opined. Backing that conviction, Crane outlines three main reasons he considers D-Wave a 'compelling investment.' First, although the broader quantum field is buzzing with long-term potential, Crane points out that gate-based quantum models – often seen as the endgame – still face a murky path to commercialization. Estimates on readiness vary widely, from a few years to well over a decade. In contrast, D-Wave is already delivering value through its quantum annealing systems, with many clients using hybrid solutions today. 'In the meantime,' says Crane, 'D-Wave is solving problems for customers (in many cases using a hybrid approach) and is getting paid to do so. All the while, D-Wave is also actively researching and developing in the gate model space which embeds a gate model 'call option' into the stock.' Second, D-Wave's diversified business model adds another layer of appeal. Its Leap platform – a quantum computing-as-a-service (QCaaS) offering – is the core driver of recurring revenue, providing enterprises with real-time quantum access. At the same time, D-Wave has started to gain traction selling physical systems, notably racking up $18 million in bookings in Q4 of 2024. 'As the recurring QCaaS revenue base continues to ramp, system sales present a powerful auxiliary revenue stream,' Crane noted, while also acknowledging the potential volatility it introduces. The third pillar of Crane's thesis centers on leadership. D-Wave is led by a highly experienced core team with deep technical knowledge and a strong track record of innovation. In Crane's history of analyzing transformative software companies, those with category-defining leadership often represent 'generational investment opportunities.' D-Wave is a 'special case,' where it is not only the pioneer of quantum annealing, but has also maintained its leadership in R&D within this niche for decades. CEO Alan Baratz, who joined in 2017, and Chief Development Officer Trevor Lanting, who has been with the company since 2008, bring extensive scientific and technological expertise to the table. With revenue beginning to accelerate, Crane believes this team will 'continue to build on its advantage as revenue now begins to inflect.' Of course, with investor excitement running high, valuations have followed suit. QBTS shares have skyrocketed 1,732% over the past year, and at over 100 times projected 2026 sales, the stock now falls squarely into 'long-term concept' territory. Even so, Crane initiated coverage on QBTS with a Buy rating and a $20 price target – a 6% above Friday's closing price – while suggesting a bull case scenario could push shares as high as $45. (To watch Crane's track record, click here) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
