Philips joins prestigious Kings Fund Corporate Partnership programme

October 16, 2012

London, UK – Recognising The Kings Fund’s invaluable work in driving health care improvement, Philips is delighted to be joining its prestigious Corporate Partnership programme from September 2012. This builds on Philips current Corporate Supporter membership which it has held during the past two years.

As a long standing supporter of the valuable work of The King’s Fund, Philips has sponsored major events including the Fund’s Annual Conference in 2010 & 11, as well as the International Congress on Telehealth & Telecare in 2011 & 12.

From September 2012, Philips joined the exclusive Corporate Partner programme, which is limited to no more than five businesses, and, together with The King’s Fund, will develop a programme of joint activity around areas of mutual interest to support the Fund’s mission of improving health & health care.

Through a series of joint discussion events, Philips will share its insights with the Fund to understand how it can help meet the growing demands on the healthcare system. This will draw upon its expertise in the areas of lighting and consumer lifestyle as well as its heritage as a healthcare company.

“As a leader in health care for over 100 years, we are dedicated to understanding the challenges care providers and patients face every day. We believe that our expertise in prevention, diagnosis, treatment, monitoring and management of conditions can help lead the current evolution in healthcare to improve people’s quality of life at the same time as addressing the need for a more sustainable and efficient cost of care. We are, therefore, delighted to be supporting The Kings Fund as a Corporate Partner, with the common goal of improving healthcare for people whether it be in their own homes or in the hospital setting.” said Neil Mesher, Managing Director, Philips Healthcare, UK and Ireland.

Professor Chris Ham, Chief Executive of The King’s Fund stated

“We are pleased to welcome Philips as a Corporate Partner of The King’s Fund, joining a small group of health organisations. The King's Fund works with organisations, including our Corporate Partners, to understand and improve health and social care nationally.

For further information

Please contact:

Barbara Neate

Philips Corporate Communications

Tel: + 44 (0) 1483 293 071

Email: Barbara.neate@philips.com

About Royal Philips Electronics

Royal Philips Electronics (NYSE: PHG, AEX: PHI) is a diversified health and well-being company, focused on improving people’s lives through meaningful innovation in the areas of Healthcare, Consumer Lifestyle and Lighting. Headquartered in the Netherlands, Philips posted 2011 sales of EUR 22.6 billion and employs approximately 122,000 employees with sales and services in more than 100 countries. The company is a leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as male shaving and grooming, home and portable entertainment and oral healthcare. News from Philips is located at www.philips.com/newscenter

About the King’s Fund

The King’s Fund is a charity that seeks to understand how the health system in England can be improved. Using that insight, we help shape policy, transform services and bring about behaviour change. Our work includes research, analysis, leadership development and service improvement. We also offer a wide range of resources to help everyone working in health to share knowledge, learning and ideas. For more information please visit our website: http://www.kingsfund.org.uk/

The King’s Fund values its independence. Corporate Partnerships represent less than 3 per cent of the Fund’s annual income, and all partnerships are governed by an ethical partnerships policy.