GE Healthcare plans $2 billion investment for software development

Thursday, June 13, 2013

Global healthcare major, on Tuesday said the company is planning to invest $2 billion over the next five years to accelerate the development of innovative software for healthcare systems and applications.

The company said, this is designed to advance current and future offerings in order to address new and pressing operational and productivity challenges faced by healthcare organizations around the world. GE Healthcare will work closely with the GE Software Center of Excellence in San Ramon, California, and other R&D hubs around the world to develop new software solutions.

“GE is investing in software and analytics to better help our customers manage the operational complexity of the healthcare system,” said John Dineen, President & CEO, GE Healthcare. “These new software solutions will look to connect caregivers in a meaningful way to the systems upon which they rely, enabling them to deliver better-informed diagnoses and improved care,” he added.

Source: Business Standard (link opens in a new window)

Health Care, Technology
healthcare technology, impact investing