Amsterdam, the Netherlands — Philips Foundation, with its mission to provide access to quality healthcare for 100 million people a year by 2030, today announced the publication of its 2022 Annual Report. Philips Foundation and its partners provided quality healthcare access to over 26 million people in underserved communities in 2022.
The consolidated report of Philips Foundation and its social impact investment vehicle, Philips Foundation Impact Investments B.V., highlights 21 ongoing and new projects in partnership with NGOs, government entities, universities and social enterprises. In 2022, 18 new initiatives were managed, deploying Philips’ expertise in healthcare technology, including initiatives supporting the people of Ukraine.
“Our work to enable long-term, sustainable system change in healthcare provision for underserved communities, as well as providing support in crisis situations, has never been more relevant,” said Ronald de Jong, Chairman of the Philips Foundation. “The efforts of Philips Foundation and Philips Foundation Impact Investments B.V., together with our partners, have helped provide 26.6 million people with access to healthcare, an increase of 50% compared to 2021.”
Philips Foundation employs technology-driven solutions, empowers local healthcare workers, and endorses healthcare delivery models that demonstrate scalability, financial sustainability, and affordability. The foundation contributes to good health for all, by addressing the rise of non-communicable diseases (NCDs) such as cancer and cardiovascular diseases; improving mother and child care; and accelerating access to acute and emergency care through timely medical support, as well as disaster relief in times of crisis. Examples include:
- Addressing the rise of NCDs — With more than 75% of the world’s NCD-related fatalities occurring in low-and-middle-income countries , their impact in these regions is immense. With a strong focus on cardiovascular disease, in partnership with Heart Healers International, Philips Foundation helped screen more than 100,000 children in Uganda for rheumatic heart disease, a condition that is easily treated and diagnosed but can lead to death in underserved young populations if not detected and addressed in a timely manner .
- Improving mother and child care — 94% of all maternal deaths occur in low- and lower-middle-income countries . In 2022, Philips Foundation embarked on a partnership with RAD-AID to promote access to diagnostic ultrasound services, aiming to provide essential prenatal care to pregnant women in ten countries on three continents.
- Accelerating effective acute and emergency care — Ensuring timely care for acutely ill and injured patients is considered one of the health interventions that can significantly reduce mortality rates and lower healthcare costs in low- and middle-income countries . In Colombia, Philips Foundation joined forces with Global Neuro to develop scalable training models for diagnosing and monitoring traumatic brain injuries, which are among the primary causes of death in Latin America .