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Recently,GE Healthcare Announces Three-Year Strategic Collaboration with MedQuest Associates, a Leading Outpatient Diagnostic Imaging Service ProviderAiming to combine GE Healthcare's innovative technologies with MedQuest's extensive infrastructure and resources to achieve a revolutionary improvement in doctor-patient relationships.

MedQuest is renowned for its customer-centric philosophy and decades of experience in outpatient imaging.The company owns more than 50 imaging centers and has established cooperative relationships with major health systems and medical institutions in the United States.Committed to providing high-quality medical services, covering a wide range of imaging diagnostic fields, including radiology, nuclear medicine, ultrasound, and magnetic resonance imaging. This collaboration is seen as an important step in enhancing its service level.

According to the agreement,GE Healthcare to Provide Cutting-Edge Imaging Solutions and Optimize Outpatient Imaging Network with MedQuest's Operational ExpertiseTo enhance patient treatment outcomes, streamline workflows, and expand the reach of advanced diagnostic services.

In addition, the collaboration will alsoFocus on advancing the implementation of advanced imaging technologies, including artificial intelligence, and explore innovative care models.By fully leveraging GE Healthcare's all-intelligent imaging workflows, such as AIR Recon DL, AIR Touch, Imaging Protocol Manager, Smart Subscription, and digital tools with Imaging 360, new imaging solutions are introduced, including those supporting diagnosis and treatment, thereby promoting the adoption of these solutions in outpatient settings.

In recent years, the growing demand for imaging services has led to an increasing burden on emergency departments, which often face situations of being overburdened. Therefore,By providing a wider range of imaging services in outpatient settings, the pressure on emergency departments can be effectively reduced, allowing them to focus more on handling urgent cases and improving the overall efficiency and quality of medical services.

Innovative care models and emerging technologies in the outpatient imaging field are crucial for improving operational efficiency and expanding access, helping to ensure top-tier patient care. The joint venture model between MedQuest and health systems, combined with GE Healthcare's innovative technology, will help deploy cutting-edge imaging solutions in outpatient settings.Setting.

GE Healthcare USA andJason Schneck, President of Canada Imaging, pointed out,The collaboration with MedQuest enables both parties to leverage their respective strengths, providing exceptional care to patients and achieving positive treatment outcomes.And said: "GE Healthcare is pleased to provide advanced technologies and digital tools to help doctors make faster and more informed decisions through smart data and intelligent devices, thereby improving patient outcomes."

"At the same time, Jason Howard, CEO of MedQuest Associates, said: 'We are committed to providing high-quality care, and this commitment remains consistent.'""With a history of over 25 years in the outpatient imaging field, our collaboration with GE HealthCare allows us to be at the forefront of innovative care delivery and product line development, further enhancing the level of care we provide to patients and healthcare partners."

Data shows that GE Healthcare has four major medical device businesses —— Imaging, Ultrasound, Patient Care Solutions, and Pharmaceutical Diagnostics, among whichLargest scale in imaging business, with revenue of approximately US$10.7 billion in fiscal year 2023.The company has a rich portfolio in this area, including CT, MR, molecular imaging, X-ray, women's health, image-guided therapy, enterprise imaging software, services, andDigital solutions, etc.

Software TechnologyIn terms of, GE Healthcare has developedAIR Recon DL, AIR Touch, Imaging Protocol Manager, Smart Subscription, and digital tools with Imaging 360etc.

AIR Recon DL

AIR™ Recon DL is the deep learning reconstruction technology developed by GE Healthcare that received FDA approval first in the industry.In AIR™ Recon DL, MRI image reconstruction technology based on deep learning has fundamentally changed the balance between image quality and scan time. GE Healthcare stated in a press release that now, with the extended compatibility of this solution from 2D to 3D imaging sequences, doctors can diagnose patients quickly and confidently, improving the signal-to-noise ratio (SNR) and clarity. 3D imaging provides higher clinical efficiency, eliminating the need for multiple 2D acquisitions by radiologists, potentially accelerating the diagnostic process.

Scan Protocol Management Platform

Imaging Protocol Manager is a software tool used to manage imaging protocols, designed to help healthcare institutions standardize and maintain protocols on imaging equipment.Traditionally, protocol management has often been a temporary process that requires manually uploading protocols to each device, which may affect equipment uptime, staff productivity, and the level of regulatory compliance. This software tool simplifies protocol management by centralizing it on a single platform with a unified interface and workflow. It automates protocol deployment and updates, as well as streamlines the management interface, improving the efficiency of healthcare workers while saving time and labor costs.

Imaging 360 Digital Tool

Imaging 360 Digital Tools is a series of digital tools launched by GE Healthcare, aimed at providing comprehensive imaging solutions for the healthcare industry.These digital tools combine the latest imaging technologies with intelligent analysis capabilities, covering various imaging modalities including MRI, CT, ultrasound, and X-ray, providing medical institutions with comprehensive imaging solutions to meet different clinical needs. At the same time, these digital tools support remote medical collaboration and consultation, allowing doctors to share and discuss patients' imaging data via online platforms and conduct remote consultations with other medical experts, improving the efficiency of medical resource utilization.

In recent years, GE Healthcare has continued to increase its investment in the fields of imaging and artificial intelligence.In September, GE Healthcare revealed plans to develop an artificial intelligence (AI)-assisted ultrasound imaging automatic assessment tool in the future.Used to increase access to high-quality healthcare services around the world.

In February last year, the company also acquired Caption Health, a developer of AI ultrasound technology.Adding AI-driven ultrasound technology to its product portfolio, further strengthening its layout in medical imaging AI. Currently, Caption Health has launched FDA-approved artificial intelligence-assisted cardiac ultrasound diagnostic software.

In January this year, GE Healthcare announced plans to acquire MIM Software, a provider of artificial intelligence and medical imaging analysis.Integrate its innovative solutions into its advanced visualization products, further expanding its capabilities in medical imaging analysis and digital solutions to provide patients with smarter, more personalized, and differentiated healthcare solutions.

Focus on Artificial Intelligence

GE Healthcare CEO Peter Arduini said in an interview that many of the company's current R&D priorities are still more focused on artificial intelligence. He pointed outAI Plays an Important Role in Medical Imaging Equipment Such as MRI, CT, and Ultrasound, and Customers Are Willing to Pay Higher Prices for These Advanced Products.And added that GE Healthcare's R&D investment over the past year has already created 40 new products, which will have a "flywheel effect" on the business.

In addition, Arduini stated: "The last part we are building and will develop in the next few years is so-called multimodal data integration.——Your genomic information, pathological information, and imaging data. All this data is aggregated in one pane, and there is a specific algorithm or foundational model that can help interpret the data, assisting clinicians in guiding patients in the right direction."

This collaboration is another significant initiative for GE Healthcare to deepen its presence in the artificial intelligence field. By integrating their respective strengths, they aim to redefine the standards of patient care and bring positive impacts to healthcare providers and patients.GE Healthcare Expects 2024 Profits to Greatly Exceed Wall Street Forecasts$4.22Adjusted annual earnings per share are projected to be $4.20 to $4.35.In this regard, the Medical Device Family will continue to pay attention.

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