GE Offers Stimulus Loans To Bolster E-Medical Records - InformationWeek
Healthcare // Electronic Health Records
11:05 AM

GE Offers Stimulus Loans To Bolster E-Medical Records

GE also promises that its GE Centricity e-medical record products will be certified to meet evolving health IT standards.

Through a GE development relationship with Intermountain Healthcare, which operates several hospitals in Utah, GE has a couple of links to the government's HIT Policy Committee and HIT Standards Committee, which are federal advisory groups working on details, including the definition of "meaningful use" and product certification criteria with the Office of National Coordinator for Health IT.

Intermountain's CIO, Marc Probst, is a co-chair on the HIT Policy Committee's certification/adoption workgroup, and Intermountain's chief medical informatics officer, Dr. Stan Huff, is a member of the HIT Standards Committee.

GE is in the middle of a seven-year pact with Intermountain to develop the next-generation version of Centricity e-medical record software. Intermountain will begin rolling out the next major release of the jointly developed software for in-patients in the third quarter, while GE plans to make the software generally available in the first quarter of 2010, Probst said in a recent InformationWeek interview. The new Centricity offerings will include improved clinical decision support and terminology services.

Besides Intermountain, GE is also working with the Mayo Clinic in its ongoing Centricity development work, said Wanchoo.

"We have a simple warranty that GE products will meet certification requirements," said Wanchoo. However, customers meeting the "meaningful use" requirements to be eligible for the federal incentives ultimately will be the responsibility of healthcare providers, he said.

GE is allotting an initial $100 million to the Stimulus Simplicity loans, said Wanchoo. The new program is part of GE's "Healthy Imagination" initiative, a $6 billion investment GE recently announced, focused on improving access, quality, and affordability of healthcare. The breakdown of GE's Healthy Imagination investments include $3 billion for technology and R&D, $1 billion for content aimed at consumers, and $2 billion in finance programs like the new Stimulus Simplicity loans, said Wanchoo. GE Healthcare IT is one of several products businesses of the multibillion-dollar GE Healthcare unit, said Wanchoo. Other products under the GE Healthcare banner include life sciences, healthcare systems, medical imaging, and medical devices.

InformationWeek has published an in-depth report on private cloud computing. Download the report here (registration required).

2 of 2
Comment  | 
Print  | 
More Insights
Newest First  |  Oldest First  |  Threaded View
How Enterprises Are Attacking the IT Security Enterprise
How Enterprises Are Attacking the IT Security Enterprise
To learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Register for InformationWeek Newsletters
White Papers
Current Issue
IT Strategies to Conquer the Cloud
Chances are your organization is adopting cloud computing in one way or another -- or in multiple ways. Understanding the skills you need and how cloud affects IT operations and networking will help you adapt.
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
Join us for a roundup of the top stories on for the week of November 6, 2016. We'll be talking with the editors and correspondents who brought you the top stories of the week to get the "story behind the story."
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll