GE HealthCare announced today that it launched its Prostate Volume Assist (PVA) urology-based AI software feature. The company designed the software feature to support clinicians in prostate imaging, biopsies and guiding treatment. It assists urologists by improving workflows and quickly capturing prostate volume. The added functionality with PVA helps determine calculations and measurements of the […]
GE Healthcare
GE HealthCare to distribute newly FDA-cleared remote patient support tech
GE HealthCare today announced it will distribute Ionic Health’s nCommand Lite, now that the tech has secured FDA 510(k) clearance. Ionic Health designed nCommand Lite to support remote patient scanning, image viewing/review and real-time guidance from remote experts during scanning procedures. It aims to address staffing shortages in radiology departments. GE Healthcare will exclusively distribute […]
GE HealthCare, Nvidia team up to bring AI to ultrasound
GE HealthCare announced that it utilized Nvidia technology to develop an AI-powered research model called SonoSAMTrack. SonoSAMTrack combines a promptable foundation model for segmenting objects on ultrasound images called SonoSAM. It segments anatomies, lesions and other essential areas in ultrasound images. GE HealthCare also offers a streamlined version called SonoSAMLite. The latest development builds on […]
GE HealthCare establishes foundation to advance access to care
GE HealthCare today announced the formation of a philanthropic entity to focus on advancing equitable access to healthcare. The company established the GE HealthCare Foundation as a charitable organization, incorporated separately from GE HealthCare itself. It supports nonprofit organizations hoping to make healthcare more accessible, personal, human and flexible. Ultimately, according to a news release, […]
GE HealthCare, Mass General bring AI to imaging
GE HealthCare announced today that it plans to expand its AI partnership with Mass General Brigham. The two began work on AI solutions after announcing a 10-year commitment in 2017. They set out to explore AI across a broad range of diagnostic and treatment paradigms through sustainable AI development. In September, they announced an effort […]
GE Healthcare’s AI models can predict patient responses to immunotherapy
GE HealthCare today announced data showing its AI models’ ability to accurately predict patient responses to immunotherapies. The study collected clinical data to accurately forecast the effectiveness and toxicity of cancer immunotherapy. Data demonstrated accuracy between 70% and 80% with the AI models in a pan-cancer cohort. Investigators published outcomes in the Journal of Clinical […]
GE HealthCare, Biofourmis collab on at-home patient monitoring
GE HealthCare announced today that it entered into a collaboration with Biofourmis to enable safe, effective, accessible care in the home. The two companies paired up to support the patient journey beyond the hospital setting. Their collaboration leverages combined expertise in innovative care-at-home solutions. They say hospital systems face increased costs of care due to […]
How GLP-1s tanked and reshaped the medtech stock market in 2023
Analysts weigh in on how the GLP-1 craze caused one of the biggest swings in the medtech stock market in recent years.
In a tumultuous year for the medtech industry, the combination of strong sales growth and promising clinical trial results from glucagon-like peptide 1 agonists (GLP-1s) created a seismic shift in the medtech stock market, triggering one of the largest dips in market value that analysts have seen in years. While analysts said the medtech stock market […]
GE HealthCare prices $1B offering
GE HealthCare announced today that it priced an underwritten public offering worth an amount totaling more than $1 billion. Chicago-based GE HealthCare priced the offering of 13 million shares of common stock at $82.25 per share. That translates to $80.605 per share, net of underwriting discount. At the price of $82.25 per share, the total […]
GE HealthCare, MedQuest collab on tech for outpatient imaging
GE HealthCare announced that it partnered with MedQuest to optimize multi-site outpatient imaging networks. MedQuest is a leading owner, operator and manager of outpatient diagnostic imaging facilities. The three-year collaboration provides access to GE HealthCare’s technology with infrastructure and resources from MedQuest. The companies believe MedQuest’s model with GE HealthCare’s offerings can help deploy emerging […]
GE HealthCare stock soars on Street-beating Q4, new 2024 guidance
GE HealthCare shares got a boost today on fourth-quarter results that came in ahead of the consensus forecast. Shares of GEHC rose by nearly 10% to $79.95 apiece in early-morning trading today. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — rose 0.5%. The Chicago-based company posted profits […]