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Home » GE, Hartford Healthcare ink 7-year value based care partnership

GE, Hartford Healthcare ink 7-year value based care partnership

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GE Healthcare

GE Healthcare (NYSE:GE) said today it is collaborating with Hartford HealthCare to launch a series of value-based healthcare projects over the next 7 years.

The companies said the projects aim to improve patient care, reduce cost and increase efficiency to avoid unnecessary wait times and “traffic jams” that can delay care. The projects will use GE’s advanced analytics to improve clinical program and capacity design, GE Healthcare said.

“Through this collaboration, we continue to build a world-class healthcare system for the people we have the privilege to serve. We are redesigning the way we organize and deliver care. We are focused on ensuring patients get the care they need, where they need it, and to coordinate that care so it is faster, safer and, ultimately, more affordable,” Hartford HealthCare CEO Elliot Joseph said in a prepared release.

GE Healthcare will aid in the implementation of Hartford HealthCare’s new Care Logistics Center, which looks to improve patient and staff experience and communication between providers and facilities.

“We are incredibly excited by the possibilities of what our organizations can do together. Getting patients to the right level of care quickly – and ensuring that critical medical information is readily available – will help us in our mission to heal and save lives across our state. This is part of Hartford HealthCare’s vision to create a new standard of care for the people of Connecticut. It will put GE’s expertise and technology to its best use as we serve our patients and families,” Hartford HealthCare prez & COO Jeffrey Flaks said in a press release.

The projects’ 4 main objectives are enhancing patient experiences through efficient access to diagnosis, testing and treatment, leveraging advanced analytics, improving efficiency and developing complex digital imaging services, GE Healthcare said.

“To truly transform the patient experience at this level requires us to completely rethink how and where we can improve efficiencies. We believe that this strategic, outcomes-based agreement will focus on the shared priorities to enhance clinical quality, patient experience and operational efficiency,” GE Healthcare prez & CEO John Flannery said in a prepared statement.

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