Fri., June 28, 2013 11:00am (EDT)

Hospital System, Tech Co. Ink Deal
By Associated Press
Updated: 10 months ago

AUGUSTA, Ga.  —  
The Georgia Regents Health Care System has entered into a 15-year, $300 million deal with technology company Philips. Philips will provide the health system with products including advanced X-ray and CT scanners and overhead lights. (Photo Courtesy of <a href=http://www.flickr.com/photos/philips_newscenter/3883794473/in/set-72157622102949695>Philips via Flickr</a>.)
The Georgia Regents Health Care System has entered into a 15-year, $300 million deal with technology company Philips. Philips will provide the health system with products including advanced X-ray and CT scanners and overhead lights. (Photo Courtesy of Philips via Flickr.)
The Georgia Regents Health Care System has entered into a 15-year, $300 million deal with technology company Philips.

Philips will provide the health system with products including advanced X-ray and CT scanners and overhead lights.

Georgia Regents Medical Center CEO David Hefner said Thursday the deal is expected to save the health system about $10 million a year during each year of the agreement.

Hefner says the health system will still be able to buy certain technology and services from other companies because Philips can't provide every device or service that may be necessary for patient care.

Hefner says he expects Philips to provide about 75 percent of the medical technology used in the health system's clinics and hospitals.