GE Healthcare, Microsoft joint venture company to showcase healthcare solutions

By eGov Innovation Editors | Feb 16, 2012

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Caradigm, the new joint venture between GE Healthcare and Microsoft set to launch officially this year, will be demonstrating its future products at the HIMSS12, the year’s largest healthcare IT trade show in the US.

The partnership announced last December aims to transform the global healthcare system with the use real-time, systemwide intelligence to improve patient experience. Caradigm will combine Microsoft’s platform expertise with GE Healthcare’s experience in clinical and administrative workflow solutions.

The new company will develop and market an open, interoperable technology platform and collaborative clinical applications focused on enabling better population health management to improve outcomes and the economics of health and wellness.

“We have an exciting opportunity to transform healthcare globally with an established open platform and a new generation of applications focused on population health,” CEO-designate Michael Simpson said.

“Around the world, delivery system reforms and payment model changes are requiring healthcare providers to integrate data across silos of care delivery to enable better care coordination and performance improvement. We’re founding Caradigm to meet the changing needs of health and healthcare across the globe," he added.

When the joint venture was announced last December, the two comanies said that as healthcare providers and payers around the globe shift from episodic single-patient care to continuous population management, new requirements have emerged for integrated care processes, greater insight and engaging patient experiences. 

The long-term vision of the venture is to create new value by offering a healthcare performance management suite.