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Press release content from BusinessWire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from BusinessWire
Press release content from BusinessWire. The AP news staff was not involved in its creation.

GE Healthcare Unveils New Applications and Smart Devices Built on “Edison” – a Next Generation Intelligence Platform

November 24, 2018 GMT

CHICAGO--(BUSINESS WIRE)--Nov 24, 2018--GE Healthcare today announced new applications and smart devices built on Edison – a platform that helps accelerate the development and adoption of Artificial Intelligence (AI) technology and empower providers to deliver faster, more precise care. Edison is part of GE Healthcare’s $1 billion and growing Digital portfolio and will serve as a “digital thread” for its existing AI partnerships and products. Clinical partners will use Edison to develop algorithms, and technology partners will work with GE Healthcare to bring the latest advancements in data processing to Edison applications and smart devices.

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The healthcare AI market will reach $6.6 billion in 2021, and 39 percent of healthcare provider executives say that they’re investing in AI, machine learning and predictive analytics. Appreciating the technology’s potential, GE Healthcare is presenting the following Edison applications and Edison-powered devices at the 104 th annual meeting of the Radiological Society of North America (RSNA).

“There’s a lot of hidden meaning in the deep data, but it takes a significant sophistication to extract the value,” said Dr. Rachael Callcut, a partner in the development of Critical Care Suite, Associate Professor of Surgery at UCSF, a surgeon at UCSF Health and Director of Data Science for the Center for Digital Health Innovation. “AI gives us an opportunity to see patterns that we don’t see and change the way we care for patients, which can ultimately improve outcomes.”

Edison also offers a cutting-edge service that allows data to be traced during the development of an algorithm. This tool, which reflects GE Healthcare’s commitment to safe, ethical and effective use of AI, could boost clinicians’ trust in the technology and radically simplify a developer’s ability to create compliant AI applications. The AI capabilities are just one of the more than 100 Edison services available to GE Healthcare and ultimately third-party developers. Other services include security, visualization, utilization management and auto-protocoling.

For hospital executives, the Edison platform allows GE Healthcare to add continuous value to its millions of installed medical devices with smart workflows. Clinicians who use Edison applications, which were built using Edison services, can be assured by the fact that algorithms were developed with and validated by a best-in-class ecosystem of clinical and technology partners. Developers who use Edison will benefit from a common integrated platform that brings together globally diverse data from across modalities, vendors and care settings.

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“Edison provides clinicians with an integrated digital platform, combining diverse data sets from across modalities, vendors, healthcare networks and life sciences settings,” said Kieran Murphy, President and CEO of GE Healthcare. “Applications built on Edison will include the latest data processing technologies to enable clinicians to make faster, more informed decisions to improve patient outcomes.”

Edison applications can be deployed on medical devices, via the cloud or on the edge (computing technology that sits close to the physical device).

GE Healthcare is showcasing its Edison applications and Edison-powered devices at RSNA in the North Hall, Booth 7334. The full GE Healthcare RSNA 2018 press kit can be found here.

About GE Healthcare

GE Healthcare is the $19 billion healthcare business of GE (NYSE: GE). As a leading provider of medical imaging, monitoring, biomanufacturing, and cell and gene therapy technologies, GE Healthcare enables precision health in diagnostics, therapeutics and monitoring through intelligent devices, data analytics, applications and services. With over 100 years of experience in the healthcare industry and more than 50,000 employees globally, the company helps improve outcomes more efficiently for patients, healthcare providers, researchers and life sciences companies around the world. Follow us on Facebook, LinkedIn, Twitter or The Pulse for the latest news, or visit our website  for more information .

Certain statements in this press release are forward-looking. Any descriptions of future functionality reflect current product direction, are for informational purposes only, and do not constitute a commitment to provide specific functionality. Timing and availability are subject to change and applicable regulatory approvals.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181124005002/en/

CONTACT: GE Healthcare Media Contact

Kelley Sousa

Kelley.Sousa@ge.com

+1 312-288-1249

KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT HARDWARE SOFTWARE OTHER TECHNOLOGY HEALTH CARDIOLOGY GENETICS HOSPITALS MEDICAL DEVICES RADIOLOGY OTHER HEALTH GENERAL HEALTH

SOURCE: GE Healthcare

Copyright Business Wire 2018.

PUB: 11/24/2018 09:00 AM/DISC: 11/24/2018 09:01 AM

http://www.businesswire.com/news/home/20181124005002/en

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