GE Healthcare is preparing for its spinoff from GE, which is planned for the first week of January. The company’s split will allow it to operate under a new board, as well as manage its own capital. That capital will be primarily invested in acquisitions and research and development efforts, according to GE Healthcare's CEO for the U.S. and Canada.
General Electric plans to spin out its healthcare business into a publicly traded entity in 2023. It's part of a broader restructuring as the company looks to turn around its business.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
The industrial conglomerate said the move was designed to reduce its leverage and improve its balance sheet. The company carried almost $115 billion in debt during the first nine months of 2018.
General Electric (GE) will lend its tech commercialization group to Purdue University innovations as part of a new partnership announced today. Purdue’s medical diagnostic imaging and biological testing technologies are already under consideration for development through the partnership. Historically, GE has hired more Purdue grads than grads from any other university in the world, […]
These days, having a strategic investor or partner has become almost a matter of survival for healthcare startups. Corporate investing and partnering has really taken off over the last few years as pharma and medical device companies have opened their doors and wallets to find innovation outside of their four walls. A new analysis from […]
General Electric (GE) forges the opposite route of many large companies as it prepares to deal with Obamacare. It’s working directly with hospitals and doctors to improve care and reduce costs, the New York Times reports. In GE’s hometown in Cincinnati, more than 100 doctors’ practices have converted to medical homes because of their push. […]
At the Abarca Forward conference earlier this year, George Van Antwerp, managing director at Deloitte, discussed how social determinants of health and a personalized member experience can improve medication adherence and health outcomes.
Nearly 90 percent of healthcare service leaders polled said they were anticipating mergers and acquisitions within the next year, according to the results of a GE Capital, Healthcare Financial Services survey of 223 senior level executives in healthcare services. This is to allow businesses to grow during a tough economy, Darren Alcus, CEO of GE […]
The Matrix is 14 years old but Agent Smith still gives me the creeps. Not even the pointy-eared image of Elrond can erase the instant shudder I feel when I see Hugo Weaving in sunglasses and a dark skinny suit. General Electric’s latest ad in the Brilliant Machines features the brilliantly evil villain who hunted […]
Medtech Women will focus on value in healthcare at its annual Vision conference on Sept. 10 in Menlo Park, Calif. According to the organization’s website, the group brings together medtech’s “business leaders, financial investors, researchers, physicians and experts in new product commercialization.” “A key pillar of the MedtechVision conference is fostering a forum that provokes […]
The growing A-fib market continues to gain the attention of the major players this week: GE Ventures helped Acutus Medical to close a $28 million Series B round. The San Diego-based startup is working to develop a minimally invasive, real-time 3-D Cardiac Chamber Imaging and Dipole Density Mapping system. This technology could help physicians locate […]
We will highlight Build My Health's revenue practice management tools, which could help physician practices add up to $250,000 to their practices.
While we all marveled over Medtronic’s latest DBS system, GE-held Insightec (based in Israel) has published results from a pilot study in the NEJM that may validate the Exablate Neuro, a device that combines focused ultrasound surgery with continuous MRI via a “helmet” transducer that shoots out ultrasound elements, stopping the tremors. It’s “noninvasive, incisionless […]
As the readmissions penalty bump to 2 percent is on the October horizon, Indiana’s ACOs and hospitals will soon be able to use predictive software to assist them in lowering those rates and determining what’s causing them in the first place – maybe as early as the end of Q3. The Indiana Health Information Exchange […]
Remember back in the fall of 2011 when GE committed $1 billion to cancer research and development? A new video put out by the GE Global Research Center commemorating National Cancer Research Month gives a glimpse into some of the work the multidisciplinary research team is doing along several points in the continuum of care […]
You have two days to submit your idea to the GE’s hospital quest competition, but two companies have already picked up $5,000. Each milestone winner has built an app to make the hospital experience less of a hassle. The Discharge Roadmap app incorporates patient and caregiver needs and preferences in the discharge discussion. The idea […]
According to a Reuters story, GE will be proving X-ray machines for cardiology and topography to two private hospitals in Myanmar through a local dealer.