Working At Philips Medical Systems: Company Overview and Culture

Q: When was Philips Medical Systems founded?

Philips Medical Systems was founded in 2008.

Q: How many employees does Philips Medical Systems have?

Philips Medical Systems has 4,999 employees.

Q: How much money does Philips Medical Systems make?

Philips Medical Systems generates $3.4B in revenue.

Q: What industry is Philips Medical Systems in?

Philips Medical Systems is in the health care industry.

Q: What is Philips Medical Systems's mission?

Philips Medical Systems's mission statement is "To improve 2.5 billion lives per year by 2030, including 400 million in underserved communities."

Q: What type of company is Philips Medical Systems?

Philips Medical Systems is a private company.

Q: Who are Philips Medical Systems's competitors?

Philips Medical Systems competitors include Philips Healthcare, Hologic, Varian Medical Systems, Sysmex, Intuitive Surgical, Topcon Medical Systems, Inc., Bio-Rad Laboratories, Landis Homes, Williams Communications, Carestream, Agilent Technologies, Clario, GE Healthcare Holdings Inc., FUJIFILM Sonosite, HealthTronics, Medtronic, Genentech, Third Wave Technologies, Luminex, AgaMatrix.

Q: Who works at Philips Medical Systems?

Frans van Houten (CEO / President)

Philips Medical Systems overview

Industry

Health Care

Revenue

$3.4B

Headquarters

Employees

4,999

Founded in

2008

Organization type

Private

CEO

Frans van Houten

Philips Medical Systems (Cleveland), Inc. manufactures a portfolio of medical equipment. Its product line includes X-ray, ultrasound, magnetic resonance, computed tomography, nuclear medicine, PET, radiation oncology system, patient monitoring, positron emission tomography, radiation therapy planning, and information management and resuscitation products. The company also provides cardiac and monitoring systems, including patient monitoring systems, point-of-care diagnostics, clinical information management systems, diagnostic cardiology device technologies, manual and automated external defibrillators, electrocardiographs, electronic stethoscopes, data management systems, patient monitoring, and medical-supply products. In addition, Philips Medical Systems Cleveland provides financial, integration, and professional consulting services; and training and education, and e-care business services. The company was incorporated in 2008 and is based in Cleveland, Ohio. Philips Medical Systems (Cleveland), Inc. operates as a subsidiary of Koninklijke Philips N.V.

The staff at Philips Medical Systems come from unusually diverse demographic backgrounds. The company is 30.9% female and 38.8% ethnic minorities. Despite its diversity in other areas, Philips Medical Systems employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 78.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Philips Medical Systems has great employee retention with staff members usually staying with the company for 5.4 years.The average employee at Philips Medical Systems makes $88,077 per year. In comparison, some of its highest paying competitors, like Intuitive Surgical, Varian Medical Systems, and Genentech, pay $113,813, $104,569, and $97,473, respectively.

Based in Cleveland, OH, Philips Medical Systems is a key player in the health care industry with 4,999 employees and an annual revenue of $3.4B.

Philips Medical Systems's mission statement

To improve 2.5 billion lives per year by 2030, including 400 million in underserved communities.

Philips Medical Systems employee reviews

4.0/5

Based on 3 ratings

Work at Philips Medical Systems? Share your experience.

Employee reviews

3.0

A zippia user wrote a review on Jul 2021

Pros of working at Philips Medical Systems

The work, constant at a good speed. Good work documents

Cons of working at Philips Medical Systems

The people

Philips Medical Systems benefits

3 weeks paid vacation

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4.0

A zippia user wrote a review on Jun 2021

Pros of working at Philips Medical Systems

Work life balance, great management and products

Cons of working at Philips Medical Systems

Production holds, constant back orders

Philips Medical Systems benefits

I control my travel and work with some great sales regions

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5.0

A zippia user wrote a review on Feb 2019

Pros of working at Philips Medical Systems

I enjoy the people I work with and the environment is amazing.

Cons of working at Philips Medical Systems

I do not like all the down time we have.

Philips Medical Systems benefits

I like the fact we have flex time.

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Highest paying Philips Medical Systems competitors

Compare Philips Medical Systems salaries to competitors, including Intuitive Surgical, Varian Medical Systems, and Genentech. Employees at Intuitive Surgical earn the highest average yearly salary of $113,813. The salaries at Varian Medical Systems average $104,569 per year, and the salaries at Genentech come in at $97,473 per year.