Critical.
Authoritative.
Strategic.
Subscribe to CIO Magazine »

Microsoft, GE forming healthcare joint venture

Microsoft will contribute some of its intellectual property to the joint venture

Microsoft and General Electric's healthcare IT business are setting up a 50:50 joint venture to develop and market an open, interoperable technology platform and clinical applications for enabling better population health management, the companies said Thursday.

The new company, to be headquartered near Microsoft's campus in Redmond, Washington, will develop an open platform that will give healthcare providers and independent software vendors the ability to develop a new generation of clinical applications. It will also develop healthcare applications on the platform using in-house developers, that will connect to a wide range of healthcare IT products from various vendors, the companies said.

The joint venture, which will operate globally, is expected to launch in the first half of next year after meeting customary conditions, including regulatory approvals, the companies said.

The companies did not however disclose the investment by GE Healthcare and Microsoft in the joint venture which is yet to be named. It will have a presence in Salt Lake City, Utah and additional cities around the world.

Microsoft will contribute intellectual property including Amalga, an enterprise health intelligence platform; expreSSO, an enterprise single sign-on technology, and Vergence, a single sign-on and context management product.

GE Healthcare will contribute its eHealth health information exchange and Qualibria, described as a clinical knowledge application environment, that is being developed in cooperation with Intermountain Healthcare and Mayo Clinic.

The joint venture aims in the long term to offer a healthcare performance management suite that includes many of these products.

After the venture is set up, both Microsoft and GE will continue to sell other products and services to healthcare organizations around the globe.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

More about: GE, GE Healthcare, General Electric, Mayo Clinic, Microsoft

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
Users posting comments agree to the CIO comments policy.
Login or register to link comments to your user profile, or you may also post a comment without being logged in.
Related Coverage
Related Whitepapers
Latest Stories
Community Comments
Tags: application development, business issues, general electric, health care, industry verticals, Investments, Microsoft, software
Latest Blog Posts
Whitepapers
  • Government Communications 2.0
    The problem with data is that it’s only useful if you share and use it. Equally, the more data we share electronically, the greater the risk of it falling into the wrong hands. Public sector organisations can’t function without legitimately gathering and using personal information about the citizens they are mandated to serve. Technology has made a significant contribution to that process, but has also brought new risks. Read on.
    Learn more »
  • Forrester Research | Your Enterprise Database Security Strategy 2010
    With increasingly sophisticated attacks and rising internal data theft, database security merits a stronger focus that goes beyond traditional authentication, authorization, and access control. Learn how to secure your database - Read this strategy guide.
    Learn more »
  • Control your Print Environment
    In your ongoing quest to maximize productivity and drive down costs, you might be surprised by the savings and greater competitive advantage you can achieve with a fully optimised and well-managed printing and imaging environment. In fact, studies have shown that managing your fleet holistically can save you upwards of 30% on your printing costs. And the savings increase exponentially when the scope of work includes automating your paper intensive workflows. Read more.
    Learn more »
All whitepapers
rhs_login_lockGet exclusive access to Invitation only events CIO, reports & analysis.