While General Electric reported a net earnings increase of 19 percent in the second quarter of 2010 ($3.2 billion versus $2.7 billion in the 2009 second quarter) and a 4 percent decrease in revenues, its GE Healthcare unit recorded a 3 percent increase in revenue over the 2009 second quarter revenues.
Although General Electric reported $36.6 billion in revenue for the 2010 first quarter, reflecting a 5 percent decrease from a year ago, GE Healthcare saw a 5 percent increase in revenue.
While GE's corporate earnings dropped 19 percent from the fiscal year of 2009, its healthcare segment dropped 15 percent in 2009 compared to the previous fiscal year.
NEW YORK CITY--The next-generation of miniaturization of ultrasound technology now looks like a cross between an iPod and a large flip phone and weighs one and a half pounds. GE CEO Jeff Immelt yesterday at a press conference showed off the new GE Healthcare Vscan pocket-sized handheld ultrasound system that the company bills as a visualization tool for the point of care.
GE reported today that its 2009 third quarter net earnings were $2.5 billion, down 44 percent from the third quarter of 2008. Its healthcare unit, GE Healthcare, experienced a 20 percent drop in profits.
Although GE reported a 49 percent drop in net earnings for its fiscal 2009 second quarter, from $5.07 billion for the same period in 2008 to $2.87 billion this quarter, its healthcare unit's profits saw only a 21 percent decline.
Thursday, May 07 2009
GE today launched a new healthcare business strategy, healthymagination, dedicating $6 billion to preventive care and consumer-driven initiatives. The new strategy was announced in a live webcast, hosted by Jeff Immelt, chairman and CEO of GE.
GE's Technology Infrastructure division reported a 6 percent increase in profit for its preliminary results of the 2009 first quarter, despite a 22 percent decline in profit from within its healthcare segment.
GE and Intel have formed an alliance to market and develop home-based health technologies to remotely monitor seniors and patients with chronic conditions, according to an announcement made at a joint press conference in New York City today, hosted by Intel's CEO and President Paul Otellini and GE's CEO and Board Chairman Jeffrey Immelt.
GE Healthcare reported a dip in segment profits for its fiscal 2008 fourth quarter, which ended Dec. 31, 2008, as well as for its year-end results.
GE reported a 22 percent decline in profit overall, and its Healthcare unit, now a part of the Technology Infrastructure segment, posted an 8 percent decline in profit for the company’s 2008 third quarter financial results.
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An early morning radiologist shift can expedite the communication of urgent findings and improve patient care, according to a study in this month's Journal of the American College of Radiology. “The Joint Commission and the ACR have emphasized the importance of improved communication, particularly of critical test results, for better patient care,” Rathachai Kaewlai, MD, of Massachusetts General Hospital in Boston, shared with Health Imaging News.
Medical imaging overutilization--a growing concern in the U.S.--exposes patients to unnecessary radiation, while also adding to rising healthcare costs, according to a study published online Aug. 24 in Radiology. In an interview, William R. Hendee, PhD, lead author, reviewed various methods by which medical imaging could be curtailed.
Dedicated contrast-enhanced (CE) breast CT delivered significantly improved conspicuity of malignant breast lesions, including ductal carcinoma in situ (DCIS), compared with unenhanced breast CT and mammography, according to a study published in the September issue of Radiology.
Southern Methodist University (SMU) in Dallas has received a $596,000 grant from the National Institutes of Health’s (NIH) Neurological Disorders and Stroke Institute to study the role of ultrasound in determining the effects of radiation on bone.
CT, ultrasound and MRI have helped shift biopsy techniques away from more invasive approaches toward image-guided percutaneous techniques, according to a study published in the September issue of Radiology. The trend toward less-invasive approaches translates into enhanced safety and efficiency and could lead to more interaction between patients and radiologists.
The Centers for Medicare & Medicaid Services’ (CMS) EHR incentive payments are not considered reimbursement for money expended on EHR technology, but are intended to offset the cost associated with adoption and ongoing meaningful use, according to CMS during an Aug. 12 webinar.
