GE Healthcare

GE HealthCare diagnostic imaging machine
By  Nathan Eddy 04:35 pm November 29, 2023
GE HealthCare is leveraging AI and data integration technologies to help tackle the rapidly increasing volume of patient data and working to optimize the application of these two tech tools in patient care in announcing 40 new innovations at RSNA23.  The company's central strategy is to integrate AI into its precision care framework, encompassing smart devices, targeted therapies, disease-...
Person in a diagnostic imaging machine
By  Jessica Hagen 02:05 pm November 13, 2023
GE HealthCare announced a collaboration with Grand Rapids-based cancer treatment center BAMF Health to advance the adoption of theranostics in the U.S.  Theranostics is an emerging technology and a form of precision medicine that fuses imaging technology with therapeutic agents to pinpoint and target cancer cells for destruction. BAMF Health offers molecular imaging for various types of cancer as...
People standing and sitting around a table with a screen showing a graph behind them
By  Jessica Hagen 01:26 pm October 31, 2023
GE HealthCare reported its third-quarter earnings today, noting revenue of $4.8 billion, a 5% year-over-year revenue growth and 6% organic revenue growth, seeing its stock price rise.  The company, which officially spun out of GE earlier this year, reported $375 million in net income compared to $487 million compared to the prior-year period, with a net income margin of 7.8% versus 10.6%,...
Healthcare provider sitting on a patient's hospital bed while holding a tablet showing diagnostic images of lungs
By  Jessica Hagen 01:50 pm October 16, 2023
GE HealthCare announced it signed a $44 million contract with the Biomedical Advanced Research and Development Authority (BARDA) to develop AI-enabled point-of-care ultrasound technology to help clinicians diagnose and treat lung pathologies and traumatic injuries to the head, chest and abdomen. The medtech company will build off its existing ultrasound technology to develop an AI-powered...
Healthcare worker standing beside a pregnant person lying in bed while both are touching the pregnant person's stomach
By  Jessica Hagen 09:04 am September 19, 2023
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,...
Person being rolled into an imaging machine with red lasers scanning their head
By  Jessica Hagen 01:08 pm September 15, 2023
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...
A healthcare provider with scrubs on and a stethoscope around their neck sitting at a desk while looking at a computer
By  Jessica Hagen 12:57 pm September 6, 2023
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...
Patient sitting on the side of a bed in a hospital room wearing a hospital gown
By  Nathan Eddy 11:47 am August 16, 2023
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...
Healthcare provider in scrubs standing in front of an imaging screen
By  Jessica Hagen 12:15 pm July 25, 2023
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...
Person lying in a scanner with a red light across their face
By  Jessica Hagen 11:35 am May 31, 2023
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...