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GE, Intel join forces for telehealth

Posted: 06 Apr 2009 ?? ?Print Version ?Bookmark and Share

Keywords:telehealth technologies? alliance health care? Guide Health?

GE and Intel Corp. has announced an alliance to market and develop home-based health technologies that will help seniors live independently and patients with chronic conditions manage their care from home or wherever they choose.

GE Healthcare will sell and market the Intel Health Guide, a care management tool designed for health care professionals who manage patients with chronic conditions. With the dramatic increase of people with chronic conditions and an aging population, there is a need to extend care from the hospital to the home. GE Healthcare and Intel are helping to address these pressing issues. The market for telehealth and home health monitoring is predicted to grow from $3 billion in 2009 to an estimated $7.7 billion by 2012.

GE chairman of the board and CEO Jeff Immelt and Intel president and CEO Paul Otellini announced the alliance today, along with an investment of more than $250 million over the next five years for the research and product development of home-based health technologies. Key elements of the announcement include:

? Global product R&D allianceGE Healthcare and Intel will work together, combining their skill sets and research resources to accelerate the innovation and commercialization of next-generation home health technologies. Both companies also plan to expand their current development programs in home health and independent living technologies to include new areas such as fall prevention, medication compliance, sleep apnea, cardiovascular disease, diabetes and personal wellness monitoring.

? Commercial business agreementGE Healthcare will sell and market the Intel Health Guide, a personal health system, in the United States.

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