GE Healthcare (NYSE:GE) has alerted health providers to inspect the bedside panels and latch areas of all Giraffe and Panda i-Res infant warmers, after 338 complaints of panels malfunctioning. In two cases, infants fell from warmers and cracked their skulls, but there have been no reports of deaths, according to the U.S. FDA. The FDA […]
DHS warns on GE Aestiva and Aespire anesthesia devices
The U.S. Homeland Security Dept. yesterday warned of cybersecurity vulnerabilities with the GE Aestiva and Aespire anesthesia devices. The DHS Industrial Control Systems Cyber Emergency Response Team, acting on weaknesses discovered by researchers at CyberMDX, said the vulnerabilities could allow an attacker to remotely modify GE Healthcare anesthesia device parameters. The vulnerability comes from a […]
Report: SEC probes GE Healthcare, Philips, Siemens in Chinese bribery scheme
The U.S. Securities & Exchange Commission is reportedly investigating three of the world’s largest medical device makers for their alleged participation in a bribery scheme in China. The SEC probe involves Siemens (NYSE:SI), Royal Philips (NYSE:PHG) and GE Healthcare (NYSE:GE), which allegedly used local middlemen to bribe Chinese government and hospital officials to buy their medical equipment, Reuters reported, […]
How a radiologist uses MRI images to make art
A French radiologist is using MRI images and research-use-only neuroimaging software to create works of art. Denis Ducreux has been fascinated by the brain since he was a child. He always wanted to understand its functions and possibilities better. “I am amazed by the brain’s beauty, organization, structure, reflecting the universe’s organization,” Ducreux, who is […]
Report: GE Healthcare partners with Boston Children’s for radiology-based AI dev
General Electric (NYSE:GE) is partnering with Boston Children’s Hospital to develop an artificial intelligence-powered system designed to read radiology scans from pediatric patients, according to a Boston Business Journal report. The new algorithm, which is already in development, will be trained by radiologists at Boston Children’s and embedded into GE Healthcare imaging equipment, according to the […]
General Electric jumps on swing to Q1 black, confirms outlook
General Electric (NYSE:GE) shares got a bump this morning after reporting a swing to black with its Street-beating first-quarter results. The Boston-based industrial conglomerate reported profits of $3.55 billion, or 40¢ per share, on sales of $27.29 billion for the three months ended March 31, compared with Q1 2018 losses of -$1.18 billion. Sales were off […]
Volpara expands distro deal with GE Healthcare
Volpara Solutions said yesterday that it expanded its distribution agreement with GE Healthcare (NYSE:GE) to include the global distribution of its VolparaDensity software. Wellington, New Zealand-based Volpara said that its VolparaDensity software is designed to analyze mammograms using machine learning to provide automated, objective and volumetric breast density assessments and a breast density category that correlates […]
7 women in medtech you should know
Women hold more executive leadership roles in the medtech industry today than they did 20 years ago, but there’s still a long way to go. There is still a women’s leadership gap in the U.S., though. According to a report from the Centers for American Progress, women hold 52% of professional jobs in the U.S. […]
GE Healthcare adds Adventist Health to hospital collaborator list
GE Healthcare has signed an agreement to provide advanced analytics and reduce process variation for the 21-hospital Adventist Health system in California, Oregon and Hawaii, the health system announced. The five-year collaboration is designed to maximize the capacity of Adventist’s clinical assets and improve patient care delivery. Adventist said it expects the collaboration to spur […]
Here’s how precision medicine could change medical imaging
The business of precision medical imaging is poised to take off in the next few years, according to a new analysis by Frost & Sullivan. The market research firm’s report, “Growth Opportunities in Precision Medical Imaging, Forecast to 2022,” said new technologies and processes in diagnostic and therapeutic imaging could spur the market to grow […]
Report: GE secretly files for healthcare IPO
General Electric (NYSE:GE) reportedly filed confidentially for an initial public offering as it readies a spinout of its GE Healthcare business. The Boston-based industrial giant tapped Goldman Sachs, Bank of America, Citigroup, JPMorgan Chase and Morgan Stanley for help with the flotation, according to Bloomberg, which cited sources “who asked not to be identified as the […]
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