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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About Peter Coffaro 711 Articles
A growth-driven and strategic executive, Peter Coffaro commands more than 20 years of progressive management success within the orthopedic industry. Recognized by MedReps.com as one of the top medical sales influencers in the industry; he has 10 years of combined sales management experience and has held positions as a Director, General Manager and Distributor. Peter has worked for some of the top orthopedic companies in the world - Zimmer, DePuy and Stryker. He is also the founder of OrthoFeed: a popular blog that covers orthopedic news and emerging medical technologies. Peter is a three-time Hall of Fame award winner at Johnson and Johnson and has an extensive background in organizational development, business development, sales management, digital marketing and professional education. Peter holds a B.S. degree in Biology from Northern Illinois University.

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