How GE Healthcare is investing in medtech innovation

GE’s Chicago-based healthcare subsidiary today announced a medtech 3D printing partnership with Formlabs (Somerville, Mass.). GE Healthcare also disclosed its participation in the recent $243 million Series C round of robot-assisted surgery device maker CMR Surgical (Cambridge, U.K.), and the company is investing an undisclosed sum into Decisio Health (Houston) and its clinical surveillance software that provides real-time, consolidated view of patients from multiple systems across a health provider network.

The news comes about a week after GE Healthcare touted the launch of its Edison Developer Program for accelerating the adoption and impact of artificial intelligence applications and developer services across health systems.

“Healthcare’s next chapter will be written in part by emerging technologies like 3D printing, robotic surgery and virtual patient monitoring,” Kieran Murphy, president and CEO of GE Healthcare, said in a news release.

“That’s why we’re putting GE Healthcare’s innovative engine and resources behind collaborations with these exciting, next-generation companies — to help change the way clinicians work and enable more precise patient care,” Murphy said.

Formlabs is a fast-growing maker of relatively affordable stereolithography-based 3D printers. The partnership with GE Healthcare will enable radiologists to take 3D CT or MRI data from GE Healthcare’s Advantage Workstation and export the data using the AW 3D Suite so that it’s in a format ready for 3D printing on a Formlabs machine. The resulting printed models could aid surgeons planning for a procedure, enhance physician training and provide an extra tool for doctors seeking to ease the anxiety of people who need surgeries. ”

By | MassDevice

Image Credit: GE Healthcare


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Peter Coffaro is a growth-driven and strategic executive with over 25 years of progressive management success in the medical device industry. With a proven track record and recognized expertise, Peter has established himself as one of the top influencers in medical sales, as acknowledged by prestigious publications such as the World Journal of Orthopedics, Exponential Healthtech, and Throughout his career, Peter has accumulated 10 years of combined sales management experience, excelling in various roles including Director, General Manager, Distributor, and Vice President. He has worked for industry-leading orthopedic companies such as Zimmer, DePuy, and Stryker, solidifying his deep knowledge and network within the field. Peter’s passion for innovation and emerging technologies led him to found OrthoFeed, an award-winning blog covering digital orthopedic news and emerging medical technologies. Through this platform, he stays at the forefront of the industry and contributes to the dissemination of valuable insights. Peter is a three-time Hall of Fame award winner at Johnson and Johnson, demonstrating his exceptional contributions and impact on the organization. His expertise extends to areas such as organizational development, business development, sales management, digital marketing, and professional education. Peter earned a B.S. degree in Biology and Chemistry from Northern Illinois University, further complementing his comprehensive understanding of the medical field. With his wealth of experience, strategic mindset, and dedication to advancing healthcare, Peter Coffaro is a valuable asset and leader in the medical device industry.

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