GE launches ‘Healthymagination’ initiative

May 7, 2009 Diagnostic Imaging. GE launches ‘Healthymagination’ initiative By Greg Freiherr GE launched today Healthymagination, a six-year initiative that will redirect half of its $1 billion healthcare R&D budget toward driving down the cost of healthcare while boosting access to improved care through technology and service innovations in the U.S. and around the world. GE's chairman and CEO Jeff Immelt announced in a press conference the company's commitment to spend $3 billion in R&D in the next six years to support the new objectives that he says will be met in part through the development of lower cost technologies and a new electronic medical record system to ensure that providers make the best use of medical technologies and available practices.

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