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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 Foxsemicon Integrated Technology and SmartBreast.
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.

1892
GE Healthcare was founded.

Funding Rounds

Patents

Further Resources

Title
Author
Link
Type
Date

News

Title
Author
Date
Publisher
Description
Conor Hale
September 23, 2021
FierceBiotech
As GE Healthcare looks to expand its ultrasound franchise from the exam room to the operating room, a $1.45 billion deal to acquire BK Medical and its surgical visualization tech may be just the ticket.
August 10, 2021
WebWire
· GE Healthcare to make imaging applications, healthcare workflows, and data and analytics more accessible to benefit medical professionals, AI developers, and patients , , · Helps the healthcare industry transition to a virtualized and distributed care model by offering its AI-based imaging applications and Edison Health Services platform* on AWS , , · Edison Health Services platform creates an easy way for clinicians to derive and manage insights from the 3.6 billion imaging procedure...
Andrea Park
August 9, 2021
FierceBiotech
GE Healthcare will begin moving several of its software platforms to the AWS cloud, making it easier for healthcare providers and artificial intelligence developers alike to access clinical data to improve patient care.
Andrea Park
July 7, 2021
FierceBiotech
The health tech powerhouses are joining forces to build an analytics platform that matches patients to the best possible treatment regimens for their specific genomic signature, cancer type and lifelong health record.
July 6, 2021
WebWire
GE Healthcare and SOPHiA GENETICS today announced that they have signed a letter of intent to collaborate on advancing cancer care, with the goal of better targeting and matching treatments to each patient's genomic profile and cancer type, helping to ensure the most effective and personalized treatment. The companies aim to develop new artificial intelligence (AI)-powered analytics and workflow solutions to serve both the clinical and biopharma markets. They'll be deploying GE Healthcare...
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References

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