09:50 AM EDT, 09/25/2025 (MT Newswires) -- Royal Philips (PHG) said Thursday it formed a partnership with Optum Healthcare in the US, under which Philips' Mobile Cardiac Telemetry and Extended Holter services will be included in the latter's network for enhanced cardiac monitoring.

Financial terms were not disclosed.

The company's services are now available to Optum's 3.4 million members in 22 US states, Philips said, adding that the collaboration will expand its offering throughout commercial, Medicare, Medicare Advantage or Managed Medicare, and Medicaid plans.

Philips' stock was down 2.6% in recent Thursday trading.

Price: 26.67, Change: -0.71, Percent Change: -2.61