GE HealthCare has secured a grant of more than $44 million from the Bill and Melinda Gates Foundation to design AI-enabled applications and tools to help less experienced health professionals in low- and middle-income countries perform ultrasound scans that address fetal and maternal health and respiratory diseases.
Caption Health, founded in 2013 and acquired by GE HealthCare earlier this year,...
GE HealthCare announced a strategic partnership with Mayo Clinic dubbed the Strategic Collaboration for Innovation in Medical Imaging and Theranostics, through which the pair will collaborate on research and product development focusing on precision care, AI and theranostics.
Technology developers, clinicians, scientists and other providers from both companies will work together to advance...
GE HealthCare announced that it has codeveloped an AI algorithm with Mass General Brigham to help with scheduling predictions, including failure to show up to appointments, neglecting to schedule follow-up appointments and predicting late arrivals.
The first application of the algorithm, geared toward predicting missed care opportunities, is used within the schedule predictions dashboard of the...
GE HealthCare announced its smartphone-sized Portrait Mobile wireless monitoring solution has received FDA 510(k) clearance, clearing the path to the device becoming commercially available in the U.S.
Designed for in-hospital use, Portrait Mobile aims to shift the paradigm from periodic spot checks to continuous vital sign monitoring for indications of patient decline while freeing the patient...
GE HealthCare, which officially spun off early this year, announced it is raising its full-year guidance range amid increased demand and ease of supply chain woes.
The company reported $418 million in net income in the second quarter compared with $485 million in the prior-year period and revenue of $4.8 billion, a growth of 7% year-over-year and a 9% organic revenue growth.
The health tech...
GE HealthCare announced it received FDA 510(k) clearance for its Precision DL deep learning image processing software.
Precision DL utilizes deep learning, a subset of AI and machine learning, to improve image quality on the company's PET/CT, Omni Legend, and allows for faster scanning time and improved small lesion detection. The software is the company's latest addition to its Effortless Recon...
GE HealthCare's stock slipped Tuesday morning even as the health technology giant beat earnings estimates during its first full quarter as an independent company.
The company, which officially spun off early this year, reported $372 million in net income in the first quarter compared with $389 million in the prior-year period.
The health tech giant reported revenue of $4.7 billion, an 8% increase...
GE HealthCare announced Thursday it had signed an agreement to acquire Caption Health, maker of AI-enabled ultrasound guidance software.
The deal marks the newly independent company's second acquisition announcement since it completed its spin-off a month ago. Shortly after the newly spun-off GE HealthCare debuted on Nasdaq, the company revealed it had entered into an agreement to buy French...
GE HealthCare announced it had entered into an agreement to acquire French company IMACTIS, developer of computed tomography (CT) interventional guidance technology.
The deal marks the newly independent company's first acquisition. GE completed the spin-off of its healthcare unit last week. Financial details for the transaction weren't disclosed, but GE HealthCare said it plans to fund the...
GE HealthCare named Dr. Taha Kass-Hout as the newly spun-out company's first chief technology officer.
Kass-Hout comes to GE from Amazon Web Services, where he served as vice president of machine learning and chief medical officer. He was also chief health informatics officer at the FDA for two terms during the Obama Administration and director of information science and informatics for the CDC...
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