Philips and Optimal Systems Secure Major Order

VIENNA, AUSTRIA and BERLIN, GERMANY - Royal Philips Electronics (AEX: PHI, NYSE:PHG) and the German medical IT company Optimal Systems have received a major order for the installation of SpeechMagic, the Philips speech recognition software, in nine German convalescent clinics. In the first step, 170 workstations will be equipped with SpeechMagic. The order was placed by two German state insurers who operate the convalescent clinics. "By shifting work in our transcription department from typing to proof-reading, we have achieved prompt report generation," said Dr. Marion Kalwa, responsible for the M nsterland Clinic's pilot project in Northern Germany. "This improves our customer satisfaction due to the very short waiting period from consultation to the diagnosis. In addition, the automatic archiving of reports to the corresponding patient's file makes the misfiling of reports almost impossible. The increased productivity allows us to free resources in our transcription department, which we employ in other areas, e.g. in patient care. All these improvements reduce the administrative costs in our hospital." "This order represents a break-through in convalescent clinics in Germany," said Marcel Wassink, managing director of Philips Speech Recognition. "It shows that hospitals are increasingly embracing modern technologies to help face the challenges of increased cost pressure and reduced public healthcare budgets."
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