Monday, October 24, 2016
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
AT&T to Acquire Time Warner For $85.4B
Internet Disruptions Were Caused By Attacked Connected Devices
TSMC, GlobalFoundries/Samsung To Present Their 7nm Platforms At IEDM
Hon Hai Gains Apple Mac Orders From Quanta
AT&T In Advanced Talks With Time Warner On Merger
LG's Next Flagship G6 Smartphone Won't be Modular
Samsung to Exchange Galaxy Note 7 with New Galaxy S8
Qualcomm Said to Be Near A Deal With NXP
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > GE, Mic...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, December 08, 2011
GE, Microsoft Launch Joint Venture On Healthcare Systems

General Electric, through its healthcare IT business, and Microsoft today announced plans to create a joint venture aimed at helping healthcare organizations and professionals use real-time, systemwide intelligence to improve healthcare quality.

Upon formation, the new company will develop and market an open, interoperable technology platform and clinical applications focused on enabling better population health management to improve outcomes and the overall economics of health.

This new joint venture will combine Microsoft?s expertise in building platforms and ecosystems with GE Healthcare's experience in clinical and administrative workflow solutions.

"The complementary nature of GE Healthcare?s and Microsoft's individual expertise will drive new insights, solutions and efficiencies to further advance the two companies' shared vision of a connected, patient-centric healthcare system," said Jeffrey R. Immelt, chairman and CEO of GE. "The global healthcare challenges of access, cost and quality of care delivery are creating a new focus on the performance and accountability of healthcare delivery systems - in every country, at every level of care. This venture will demonstrate what is possible when leading companies with complementary capabilities work together to meet a common goal."

The new company will deliver an open platform that will give healthcare providers and independent software vendors the ability to develop a new generation of clinical applications. The venture will develop healthcare applications on the platform using in-house developers and the platform will connect with a wide range of healthcare IT products. GE Healthcare IT will immediately be able to connect existing products to the platform, helping current customers to derive new insights.

The two parent companies will contribute intellectual property, including the following:

- Microsoft Amalga, an enterprise health intelligence platform
- Microsoft Vergence, a single sign-on and context management solution
- Microsoft expreSSO, an enterprise single sign-on solution
- GE Healthcare eHealth, a Health Information Exchange
- GE Healthcare Qualibria, a clinical knowledge application environment being developed in cooperation with Intermountain Healthcare (Salt Lake City, Utah) and Mayo Clinic

In addition to the new joint venture, GE Healthcare and Microsoft will each maintain a presence in the healthcare IT industry, as both parent organizations will continue to sell other products and services to healthcare organizations around the globe.

The new company's products and services will provide the information and insight required to help address many critical problems in the healthcare system today, including healthcare associated infections and cronic disease management.

The new venture will operate globally, offering interoperability platforms and application solutions targeting both healthcare providers and payers. Michael J. Simpson, vice president and general manager at GE Healthcare IT, will serve as the company's CEO.

The new company, which has yet to be named, will be headquartered near the Microsoft campus in Redmond, Wash., with significant presence in Salt Lake City, Utah, and additional cities around the world.

Launch of the new joint venture is subject to customary conditions, including regulatory approvals, and is expected in the first half of 2012.

Updated Xbox Live Terms of Use Forbid Class Action Lawsuits Against Microsoft        All News        LG Display Is The Top Panel Supplier of Tablet Screens
Yahoo Awarded $610 Million Against Spammers     General Computing News      Apple Store Grand Central Opens Friday in NY

Get RSS feed Easy Print E-Mail this Message

Related News
Hon Hai Gains Apple Mac Orders From Quanta
Microsoft Cloud Strength Highlights First Quarter Results
Samsung S3 Smartwatch Is Coming Next Month
DENSO and Toshiba to Develop Artificial Intelligence Technology, Deep Neural Network-IP, for Image Recognition Systems
SK Hynix Enters Collaboration to Develop Neuromorphic Chip
Hardware Makers Join Forces to Promote New High-Performance Interconnect -- Gen-Z
Samsung Introduces First Tizen-Powered Displays
Samsung to Acquire AI Firm Viv, Creators Of Apple's Siri
Microsoft's Cloud Investments In Europe Hits $3 billion
Microsoft Creation New Artificial Intelligence and Research Group
Amazon, Google, Facebook, Microsoft And IBM Establish Partnership on AI Best Practices
NVIDIA Launches New AI Technology At Third Regional GPU Tech Conference

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .