Honeywell To Collaborate With Leading Health Providers To Advance Digitalization Of Healthcare Globally

    Honeywell is transforming healthcare delivery by providing sensors and advanced digital technology aimed at improving patient outcomes and increasing connectivity for more efficient monitoring in hospitals and homes

    CHARLOTTE, N.C., SEPTEMBER 6, 2022 -- Honeywell (Nasdaq: HON) announced today its commitment to developing technology-led solutions for the future of healthcare delivery. Building on its deep expertise in the hospital setting, Honeywell signed Memorandums of Understanding (MOUs) with two leading healthcare companies with further collaborations to potentially follow in the United States and around the world. The agreements provide a framework to co-innovate error-prone processes and tasks, enhance the patient experience and improve operational agility through digitalization.

    COVID-19 highlighted the need for bringing efficiencies in healthcare delivery. From developing sensors and switch solutions that enhance the performance and reliability of ventilators, to protecting frontline workers with personal protective equipment, Honeywell has made significant investments in helping the industry respond to the COVID-19 pandemic. With one of the broadest portfolios of products for the healthcare environment, Honeywell’s engineered solutions provide the quality, durability and value needed to help deliver safer, more effective healthcare.

    “The past few years have presented a myriad of challenges for already-stretched health systems and we’re not out of the woods yet. Over the next few years, the healthcare industry is expected to face an even greater surge in demand coupled with more rigorous cost-control pressures,” said Robert Robinson, vice president and general manager, Honeywell Healthcare Solutions. “Honeywell is committed to helping the industry respond to these challenges. We envision a future where every patient has access to quality, secure and effective care and every caregiver has access to digital tools that make their jobs easier and more efficient. We’re prepared to play a critical role in delivering on this vision and shaping the future of healthcare.”

    As part of its commitment to advancing the digitalization of healthcare, Honeywell signed MOUs with the University Hospital Brno, the second largest hospital in the Czech Republic, and Narayana Hrudayalaya Limited (Narayana Health), one of India’s foremost healthcare service providers, to facilitate their digitalization journeys. The strategic partnerships lay the groundwork for the co-development of advanced technologies to aid in the transformation of healthcare delivery.

    The initial pilot with University Hospital Brno involves testing skin patches for real-time monitoring of patients’ vital functions and making the data available via mobile app. Looking ahead, Honeywell is in discussions to equip the Department of Internal Cardiology with its smart voice and touchscreen nurse call system as part of a comprehensive update of the hospital information system.

    Honeywell and Narayana Health plan to work together on the introduction of new products, establish technology development centers, co-create joint capabilities in technology development and research and undertake the development of fire safety codecs that help ensure an end-to-end life safety system to make hospitals safer. As a technology partner, Honeywell plans to also help enhance and optimize Narayana Health's digital processes and offer training to its employees.

    The healthcare industry is continuously evolving to maintain environments where patients and staff feel safe. With its robust portfolio of healthcare technologies, Honeywell provides innovative solutions that drive better patient outcomes delivered in efficient, safe and secure environments for caregivers and the communities they serve.

    Honeywell Safety and Productivity Solutions (SPS) provides products, software and connected solutions that improve productivity, workplace safety and asset performance for our customers across the globe. We deliver on this promise through industry-leading mobile devices, software, cloud technology and automation solutions, the broadest range of personal protective equipment and gas detection technology, and custom-engineered sensors, switches and controls. For more information, please visit: sps.honeywell.com.

    Honeywell (www.honeywell.com/us/en) is a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/us/en/news.

    This release contains certain statements that may be deemed “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.

    Caroline Szyperski