GE To Partner With Medical Institutions, Spend $200M Over Five Years To Develop Electronic Systems For Medical Information, Patient Records
Main Category: IT / Internet / E-mailAlso Included In: Public Health; Primary Care / General Practice
Article Date: 20 Nov 2008 - 6:00 PST
General Electric and GE Healthcare officials on Tuesday at a conference in New York City announced plans to partner with several U.S. medical institutions on an effort to develop a national electronic health record system, the AP/Seattle Post-Intelligencer reports. As part of the five-year, $200 million effort, GE will partner with the Mayo Clinic, Intermountain Healthcare, the Montefiore Medical Center and the University of California-San Francisco Medical Center.
The effort seeks to establish a system that will allow health care providers to share patient medical records electronically to improve efficiency and quality of care and reduce costs. In addition, the effort later seeks to develop systems that will allow providers to make more informed medical decisions based on best practices and extensive patient histories.
John Dineen, president and CEO of GE Healthcare, also said that health care information technology will help with efforts to increase health care access and reduce costs. "This is going to be the point of the spear for that attack," Dineen said.
GE CEO Jeffrey Immelt added that he expects investment in health care IT to increase despite the current economic downturn. "At the end of the day, governments are going to spend money on things that drive productivity," Immelt said, adding, "Strategically, it's a great place long term" (AP/Seattle Post-Intelligencer, 11/19).
Reprinted with kind permission from http://www.kaisernetwork.org. You can view the entire Kaiser Daily Health Policy Report, search the archives, or sign up for email delivery at http://www.kaisernetwork.org/dailyreports/healthpolicy. The Kaiser Daily Health Policy Report is published for kaisernetwork.org, a free service of The Henry J. Kaiser Family Foundation.
© 2008 Advisory Board Company and Kaiser Family Foundation. All rights reserved.
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