GE Healthcare, Microsoft Form Joint HIT Venture | Healthcare Informatics Magazine | Health IT | Information Technology Skip to content Skip to navigation

GE Healthcare, Microsoft Form Joint HIT Venture

December 8, 2011
by root
| Reprints

GE Healthcare (Waukesha, Wis.), through its healthcare IT business, and Microsoft Corp. (Redmond, Wash.), have announced plans to create an unnamed joint company that will develop and market an open, interoperable technology platform and clinical applications. The applications will focus on enabling better population health management to improve outcomes and the overall economics of health and wellness.

The new company will use Microsoft's building platforms and ecosystems with GE Healthcare’s clinical and administrative workflow solutions. It will deliver an open platform that will give healthcare providers and independent software vendors the ability to develop clinical applications. It will also develop healthcare applications on the platform using in-house developers and the platform will connect with a wide range of healthcare IT products.

Both companies say they will 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 venture, they say, will complement the existing offerings from both parent companies.

Michael J. Simpson, vice president and general manager at GE Healthcare IT, will serve as the company's CEO. The new company 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.

Get the latest information on Health IT and attend other valuable sessions at this two-day Summit providing healthcare leaders with educational content, insightful debate and dialogue on the future of healthcare and technology.

Learn More

Topics

News

MGMA: Physician Compensation Data Illustrates Nationwide PCP Shortage

Primary care physicians’ compensation rose by more than 10 percent over the past five years, representing an increase which is nearly double that of specialty physicians’ compensation over the same period, according to the Medical Group Management Association (MGMA).

Circulation, Buoy Health Collaborate on Integrated Platform for Patient Transportation

Boston-based startup Circulation Health, a ride-ordering exchange that coordinates medical transportation logistics using Lyft and other transportation partners, is partnering with Buoy Health, also based in Boston, to integrate their platforms to provide patients with an end-to-end healthcare experience.

HITRUST Provides NIST Cybersecurity Framework Certification

The Health Information Trust Alliance (HITRUST), security and privacy standards development and accreditation organization, announced this week a certification program for the National Institute of Standards and Technology's (NIST) Cybersecurity Framework (Framework).

Report: Interoperability in NHS England Faces Similar Barriers as U.S. Healthcare

Electronic patient record interoperability in NHS England is benefiting patient care, but interoperability efforts are facing barriers, including limited data sharing and cumbersome processes falling outside of the clinician workflow, according to a KLAS Research report.

Geisinger National Precision Health Hires Illumina Exec to Lead Business Development

Integrated health system Geisinger has hired a high-profile genetic counselor to head up business development for Geisinger National Precision Health, which was created to extend the Geisinger model on the national scene.

$30M VC Fund Launched to Spur Innovation in Cardiovascular Care

The American Heart Association, together with Philips and UPMC, has announced the launch of Cardeation Capital, a $30 million collaborative venture capital fund designed to spur healthcare innovation in heart disease and stroke care.