A GERMAN health services company has presented letters of intent (LOI) to the Philippine government aiming to boost the health care sector through hub development and collaboration.
Siemens Healthineers, a subsidiary of Siemens AG, officially submitted three LOIs to Trade Secretary Alfredo Pascual in the presence of President Ferdinand Marcos Jr. at the German-Philippine Business Forum in Berlin on March 12 during the latter's state visit to Germany.
Included in the company's intention is to develop a partner hospital, which could become a training center in the field of radiology.
"A comprehensive program will be developed to further improve health care quality such as a curriculum on the various aspects of mammography screening ― including anatomy, pathology, imaging techniques and interpretation, safety, and patient care," Siemens said in a statement on Tuesday.
The second LOI, meanwhile, aims to establish an Innovation Think Tank (ITT) hub and spoke model to promote an inclusive innovation ecosystem in the Philippines.
By partnering with various stakeholders, the ITT will bring together students, researchers and professionals to generate and identify opportunities and areas in healthcare that need enhancement.
The third LOI seeks to explore potential strategic and digital collaborations in the health care sector, particularly with the Department of Health.
Siemens said that the digital partnership aims to transform the country's health care landscape and improve health care infrastructure in the country by utilizing established digital solutions like eHealth and digital health and advancing AI capabilities through training.
"The three LOIs underscore our unwavering dedication to creating a lasting impact, transforming the healthcare landscape, and fostering a healthier future for the generations to come — for every Filipino in every part of the country, sustainably," said Michael Schmermer, president and managing director of Siemens Healthineers in the Philippines.
During his state visit, the President said he had secured $4 billion or P220 billion worth of investment deals with German firms from eight different agreements, including the LOIs from Siemens.
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