Philips and Banner Health Sign 15-Year Agreement to Extend Successful Connected Healthcare Programs, Transforming Care and Lowering Costs, While Improving Quality Royal Philips a leading health technology company, and Arizona-based Banner Health, today announced a multi-year partnership intended to further innovate and expand on their successful joint connected healthcare programs such as the Intensive Ambulatory Care pilot knowledge and research in connected care and population health management and Banner’s deep clinical and operational insights to identify and deliver integrated solutions that are intended to improve the health of Banner’s patients.