PALO ALTO, Calif. -- HP today announced a planned commitment of $25 million over 10 years to support the projected expansion of Lucile Packard Children’s Hospital at Stanford and a cutting-edge research initiative designed to enhance the safety and quality of care for critically ill patients and their families.
HP’s new investment includes support for the expansion of Packard Children’s Hospital, which will add 100 beds to its Palo Alto campus and increase access to state-of-the-art treatments for local children and expectant mothers. With the existing facility already operating beyond its originally intended capacity, the growth will allow Packard Children’s Hospital to continue providing the most advanced cures, treatments and technologies available, performed by the best minds in pediatric and obstetric medicine, within a family-centered environment.
“HP’s generous commitment will bring tremendous resources to bear on the future of children’s healthcare,” said Christopher Dawes, president and chief executive officer, Packard Children’s Hospital. “Our partnership with HP has already succeeded in translating research discoveries into more effective clinical care, and we are thrilled to have their investment as we build new facilities to provide for future generations of children and expectant mothers.”
The grant also will help sustain and advance innovative, interdisciplinary research collaborations between scientists at HP Labs – the company’s central research arm – and Packard Children’s Hospital. Using powerful bioinformatics tools, the project team will investigate pressing issues of quality, patient safety and personalized care to achieve even better health outcomes for pediatric medicine worldwide.
“At HP, strengthening our local communities is a foundational responsibility and core to commitment to global citizenship,” said Léo Apotheker, HP president and chief executive officer. “We are working with Lucile Packard Children’s Hospital to evolve patient care through innovation and help ensure that children and families continue to receive the most advanced and innovative care.”
Since 2007, leaders in quality, safety and bioinformatics from Packard Children’s Hospital, HP Labs and HP’s Enterprise Business have worked to develop faster, safer and more personalized patient care. Leveraging an earlier investment from HP and a new computerized physician order entry system, researchers at Packard Children’s Hospital developed a system of novel prompts for the deployment of “rapid response teams” at the first inkling of trouble in hospitalized children. The effective use of these teams was found to significantly reduce mortality rates in a pediatric setting.
Previous investments from HP also enabled Packard Children’s Hospital investigators to study environmental factors in disease development, personalized cancer therapy and genome sequencing.
Researchers at Packard Children’s Hospital and HP Labs are now leveraging safety lessons from high-reliability industries such as air travel and applying them to healthcare, enhancing “situational awareness” to further improve patient safety and quality of care. Upcoming studies will harness methods in data-driven science to find trends and patterns in clinical, genetic and environmental data that are expected to reach new levels of personalized medicine.
About Stanford Children’s Health and Lucile Packard Children’s Hospital Stanford
Stanford Children’s Health, with Lucile Packard Children’s Hospital Stanford at its core, is the largest Bay Area health care enterprise exclusively dedicated to children and expectant mothers. Long recognized as one of America’s best, we are a leader in world-class, nurturing care and extraordinary outcomes in every pediatric and obstetric specialty, with care ranging from the routine to rare, regardless of a family’s ability to pay. Together with our Stanford Medicine physicians, nurses, and staff, we can be accessed through partnerships, collaborations, outreach, specialty clinics and primary care practices at more than 45 locations in Northern California and 100 locations in the U.S. western region. As a non-profit, we are committed to supporting our community – from caring for uninsured or underinsured kids, homeless teens and pregnant moms, to helping re-establish school nurse positions in local schools. Learn more at stanfordchildrens.org and on our Healthier, Happy Lives blog. You can also discover how we are Building the Hospital of the Future. Join us on Facebook, Twitter, LinkedIn and YouTube.
HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world’s largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure at the convergence of the cloud and connectivity, creating seamless, secure, context-aware experiences for a connected world. More information about HP (NYSE: HPQ) is available at http://www.hp.com.
This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the competitive pressures faced by HP’s businesses; the development and transition of new products and services (and the enhancement of existing products and services) to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected operational and financial results; and other risks that are described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2011 and HP’s other filings with the Securities and Exchange Commission, including but not limited to HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2010. HP assumes no obligation and does not intend to update these forward-looking statements.
© 2011 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.