Partly at Mayo Clinic’s prodding, General Electric Co. and Microsoft Corp. have launched an ambitious plan to develop the next-generation health care management software.
GE’s health-care IT business and Microsoft Wednesday announced the joint venture to develop a software platform and applications to improve health care management, which they hope will lead to better outcomes and saving money.
“Improving the quality of healthcare through innovative collaboration is a goal that we share with GE Healthcare and Microsoft. Working together with others to identify new ways to improve health outcomes and drive down cost is a hallmark of our patient-care philosophy,” said C. Michel Harper, M.D., Executive Dean for Practice, Mayo Clinic. “We’re pleased to see health care IT companies embrace this same idea and come together in new ways. We look forward to seeing the progress this new endeavor will bring in medicine.”
The product will serve the shift from episodic single-patient care to continuous population management, the companies said in a press release.
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“These delivery system reforms, including a shift toward new payment models, require health care providers to address gaps and integrate data across silos of care delivery to help enable better care coordination and performance improvement,” the release said.
The venture will combine Microsoft’s expertise in building platforms with GE Healthcare’s experience in clinical and administrative workflow solutions, the release said.