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GE Launches Program to Doctors, Hospitals to Accelerate EMR Adoption; First $100 Million of healthymagination Commitment
Date:6/15/2009

ty health clinics and hospitals a bridge to qualifying for stimulus funds and faster access to the improved care available through electronic medical record use."

GE Capital expects to make about $100 million available for the program, which is part of GE's long-term commitment to help health providers get access to innovation that improves health and reduces the cost of care.

Dan Henson, president and CEO at GE Capital, Americas, said, "EMRs have a bright future, and GE brings unique technology and financing capabilities that will accelerate its development. Our partnership with GE Healthcare in this program demonstrates the power of GE's portfolio in addressing important social needs. We can offer this attractive financing package because of the quality of GE's EMR offering, the reduced credit risk due to anticipated customer reimbursement from the HITECH Act, and the opportunity this program creates for new customer relationships for our healthcare financial services business."

Between 2003 and 2004, 22 percent of sick adults in America had duplicate tests ordered by different health care professionals.(1) Centricity EMR not only helps deliver quality care, but also provides surveillance of patient data to identify whether an appointment should be scheduled, a test performed or patient-specific health targets need to be reassessed. This focuses attention on the right, relevant care, and in addition to significantly less redundancy, GE solutions can take tens of thousands of dollars, per physician, out of the overall cost of care delivery(2).

The financing is part of GE's healthymagination initiative, a $6 billion commitment to improve access, affordability and quality of healthcare. Under healthymagination (http://www.healthymagination.com/), GE supports the expan
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SOURCE GE Healthcare
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