The company will also commit $2 billion of financing and $1 billion in related GE technology and content to drive healthcare information technology and improve health in rural and underserved areas.
By 2015, GE plans to invest $3 billion in research and development to launch at least 100 innovations that lower cost, increase access and improve quality by 15 percent; work with partners to focus innovations accelerating healthcare information technology, target high-tech products to more a affordable price point, broaden access to the underserved and support consumer-driven health; expand its employee health efforts by creating new wellness and healthy worksite programs while keeping cost increases below the rate of inflation; increase the “value gap” between its health spend and GE Healthcare’s earnings to drive new value for GE shareholders; and engage and report on its progress.
Read the release about GE’s healthymagination initiative.
