GE Healthcare

GE Healthcare

Global medical technology and life sciences company, providing a broad portfolio of products, solutions, and services used in the diagnosis, treatment and monitoring of patients, and the development and manufacture of biopharmaceuticals.

GE Healthcare is the healthcare business of General Electric, providing medical imaging, monitoring, biomanufacturing, and cell and gene therapy technologies. The company enables precise healthcare in diagnostics, therapeutics, and monitoring through intelligent devices, data analytics, applications, and services. In addition, they partner with healthcare leaders, striving to leverage the global policy change necessary to implement a successful shift to sustainable healthcare systems.

GE Healthcare has over 100 years of experience in the healthcare industry and more than 50,000 employees globally. The company headquarters are based in Chicago, Illinois.

COVID-19

On March 19th, 2020, GE Healthcare President & CEO Kieran Murphy issued a statement detailing the company's response to the COVID-19 pandemic. The company increased the manufacturing capacity and output of equipment important in the diagnosis and treatment of COVID-19 patients, including CTs, ultrasound devices, mobile X-ray systems, patient monitors, and ventilators.

Direct action taken by GE Healthcare includes:

  • Adding manufacturing lines to ventilator production and increasing the number of shifts to produce around the clock.
  • Hiring additional manufacturing employees and shifting current employees to support increased demand immediately.
  • Managing their supply chain by working with suppliers to mitigate shortages and minimize the impact on our customers globally.
  • Partnering with global regulators and using clinical and technical expertise to urgently address questions from customers on how to meet patient needs.
  • Monitoring the health of their field service engineers and providing personal protective equipment for them when servicing devices – as well as increasing remote diagnostic and repair capabilities.

Ventilator products

GE Healthcare is a manufacturer and distributor of ventilators and related products including the:

  • CARESCAPE R860 Ventilator
  • pNeuton Model A-E Ventilator

Timeline

February 2021
GE Healthcare raises a $7,000,000 seed round from SmartBreast and Foxsemicon Integrated Technology.
March 30, 2020
Ford, GE Healthcare to produce 50,000 ventilators by July using this tiny company's design

Monday's announcement highlights the latest effort by automakers and medical device manufacturers to help ease a shortage of ventilators, a medical device that is used in the treatment of COVID-19, a disease caused by coronavirus.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
GE Healthcare Seed round February 2021
7,000,000
February 2021
1 Result
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People

Name
Role
LinkedIn

Kieran Murphy

President & CEO

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Conor Hale
February 8, 2021
FierceBiotech
GE Healthcare has offloaded its molecular breast cancer imaging assets for an undisclosed sum in a deal with newcomer SmartBreast.
A1 Medical Imaging
January 13, 2021
www.prnewswire.com:443
/PRNewswire/ -- Peter Solodko, CEO of A1 Imaging Centers, LLC d/b/a A1 Medical Imaging (a Consolidated Healthcare company), is excited to announce the...
Dan Goodin
December 8, 2020
Ars Technica
Fixing the critical vulnerability isn't straightforward and comes with its own risks.
Zack Whittaker
December 8, 2020
TechCrunch
Dozens of medical imaging devices built by General Electric are secured with hardcoded default passwords that can't be easily changed, but could be exploited to access sensitive patient scans, according to new findings by security firm CyberMDX. The researchers said that an attacker would only need to be on the same network to exploit a [...]
November 30, 2020
WebWire
Just over 125 years ago, on Nov. 8, 1895, the world's first X-ray image was captured. It was a breakthrough that set the stage for the modern medical imaging industry. Over the decades, an entire ecosystem of medical imaging hardware and software came to be, with AI startups now playing a key role within it. Today we're announcing the NVIDIA Inception Alliance for Healthcare, an initiative where medical AI startups have new opportunities to chart innovations and accelerate their success...
Lunit
November 25, 2020
www.prnewswire.com:443
/PRNewswire/ -- Lunit, une importante entreprise de logiciels d'intelligence artificielle médicale, se joindra cette année à la 106e édition du congrès de la...
Conor Hale
November 24, 2020
FierceBiotech
GE Healthcare has launched a new algorithm that can read X-rays and help assess the correct placement of ventilator tubes in patients under critical care.
November 23, 2020
WebWire
GE Healthcare today announced a new artificial intelligence (AI) algorithm to help clinicians assess Endotracheal Tube (ETT) placements, a necessary and important step when ventilating critically ill COVID-19 patients. The AI solution is one of five included in GE Healthcare's Critical Care Suite 2.0 [2], an industry-first collection of AI algorithms embedded on a mobile x-ray device for automated measurements, case prioritization and quality control., , , , Research shows that up to 25 perce...
Conor Hale
November 20, 2020
FierceBiotech
Prismatic Sensors has developed sensitive detectors capable of reading individual beams of X-ray energy, at a rate of hundreds of millions of photons per second.
Global Market Insights, Inc.
November 18, 2020
www.prnewswire.com:443
/PRNewswire/ -- According to the latest report "Reprocessed Medical Devices Market by Product (Cardiovascular Medical Devices, Gastroenterology and Urology,...
Research and Markets
November 13, 2020
www.prnewswire.com:443
/PRNewswire/ -- The "Breast Imaging Devices Global Market Report 2020-30: COVID 19 Growth and Change" report has been added to ResearchAndMarkets.com's...
Deviana Chuo
November 9, 2020
DealStreetAsia
TVM's portfolio firms will gain access to GE Healthcare's network.
November 9, 2020
BioSpace
GE Healthcare, GenesisCare Partner to Tackle Two Biggest Health Burdens Globally, Deliver Improved Cancer and Cardiovascular Care to Patients Around the World - read this article along with other careers information, tips and advice on BioSpace
July 30, 2020
WebWire
GE Healthcare and Osprey Medical Inc. (ASX:OSP) ( Osprey) today announced a strategic alliance under which GE Healthcare will exclusively distribute Osprey's product portfolio in Europe, Russia, Middle East, Africa, Central Asia and Turkey. Osprey's DyeVertTM contrast minimization devices, complemented by GE Healthcare's range of iodinated x-ray contrast media, offer healthcare professionals a technology platform to address the rising problem of Acute Kidney Injury (AKI) following inter...
Conor Hale
June 18, 2020
FierceBiotech
GE Healthcare has tapped the South Korean startup Lunit to supply artificial-intelligence powered analysis for its new chest X-ray imaging suite.
June 15, 2020
WebWire
GE Healthcare, Orange Healthcare and TheraPanacea plan a collaboration with Assistance Publique-Hôpitaux de Paris to create a database around chest imaging in patients suspected of being infected with SARS-Cov-2, the virus responsible for Covid-19. This collaboration supports the STOIC project (ThOracian Scanner for the dIagnosis of Coronavirus19 pneumonia - COVID-19) led by Professor Marie Pierre Revel, head of the cardiothoracic imaging unit at Cochin Hospital, in Paris This major stud...
Alex Keown
June 5, 2020
BioSpace
Biopharma and life sciences companies bolster their leadership teams and board with these Movers & Shakers.
Scott Elston
May 12, 2020
FierceHealthcare
The pandemic has now made a compelling and urgent case for change, both by highlighting the unpreparedness of many hospitals and through the increasing financial pressures on the industry. Here are four big ways hospitals and healthcare systems are set to evolve in the post-COVID-19 world.
Jonathan Shieber
April 15, 2020
TechCrunch
GE Healthcare is extending its longtime collaboration with Microsoft to launch a cloud-based COVID-19 patient monitoring software for health systems. GE Healthcare had originally intended to debut its Mural Virtual Care Solution at the Healthcare Information and Management Systems Society meeting earlier this year. When the COVID-19 epidemic scuttled those plans the company went redesigned [...]
Kirsten Korosec
March 30, 2020
TechCrunch
Ford and GE Healthcare have licensed a ventilator design from Airon Corp and plan to produce as many as 50,000 of them at a Michigan factory by July as part of a broader effort to provide a critical medical device used to treat people with COVID-19. Ford will initially send a team of engineers to help [...]
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