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 GE launches 'healthymagination'
GE announced on 7th May 2009 that we will spend $3 billion over the next six years on healthcare innovation that will help deliver better care to more people at lower cost. In addition, GE will commit $2 billion of financing and $1 billion in related GE technology and content to drive healthcare information technology and health in rural and underserved areas. These investments are the foundation of GE's healthymagination initiative, which is built on the global commitments of reducing costs, improving quality and expanding access for millions of people. "Healthcare is an important industry that is challenged by rising costs, inequality of access and persistent quality issues," GE Chairman and CEO Jeff Immelt said. "Healthcare needs new solutions. We must innovate with smarter processes and technologies that help doctors and hospitals deliver better healthcare to more people at a lower cost."
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 GE Healthcare grows health information exchange services by joining global eHealth leader
GE Healthcare and global eHealth specialist InterComponentWare, Inc. (ICW), have recently inked a strategic agreement to integrate and co-develop their health information exchange (HIE) solutions. Through this relationship, GE Healthcare will leverage ICW's expertise in eHealth and patient connectivity, to enhance Centricity® HIE service's existing technology, patient connectivity and communications tools while further bolstering its security and interoperability capabilities for the health information exchange and global eHealth marketplace. "Connectivity is one of the biggest challenges in healthcare today and it directly impacts the quality and cost of patient care," said Vishal Wanchoo, President and Chief Executive Officer of GE Healthcare IT. "Our strategic relationship with ICW enables GE Healthcare to accelerate our Centricity connectivity solutions and further extend our global capabilities. With our Centricity portfolio of electronic medical records, enterprise systems, clinical repositories and patient solutions, GE Healthcare is now one of the only companies to offer the full range of technology needs for global healthcare IT."
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 Next wave in Healthcare IT
GE Healthcare IT's Director of International Marketing, Enterprise Solutions Group Greg Saint James spoke to Malaysian paper New Straits Times on the importance and relevance of GE's Early Health initiative in an interview published in June 2009.
According to Greg, GE's concept of Early Health promotes the idea of early detection and prevention, and at the heart of Early Health is the next wave of healthcare IT, where best practices are incorporated into software to help guide professionals in making informed decisions about patients' health.
"Traditionally, Healthcare IT involves automating healthcare processes such as registering, billing and recording," said Greg Saint James, GE Healthcare IT's Director of International Marketing, Enterprise Solutions Group. "We are now at a transition where healthcare IT is actually implemented to improve healthcare itself. A high amount of data is being produced and analysed to extract best practices that can deliver immediate impact to healthcare. This can result in a higher level of safety for patients and less mistakes made."
Greg also shed light on GE Healthcare's latest initiatives Digital Day One, high performance healthcare and how GE Healthcare is looking to build more partnerships for healthcare IT development within the Asia Pacific region.
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