GE Healthcare, Living Independently Partner to Further Wireless Patient
GE Healthcare has entered a
distribution and technology collaboration agreement with Living Independently, which
provides passive monitoring systems for seniors.
The agreement will see GE distribute and co-marketing Living Independently’s
QuiteCare system, which uses wireless sensors to track senior’s daily
activities, and alert caregivers to changes in behavioral patterns that might
signal a health problem or emergency.
“Demographic changes such as the growing aging population present enormous
healthcare challenges in the care of seniors and the management of chronic
disease,” said Omar Ishrak, president and CEO of GE Healthcare’s Clinical
Systems business, in a public statement. “... We see enormous potential in
senior healthcare monitoring, and the combined talent of the two companies
offers the potential to accelerate the development of the business.”
Both companies will use GE’s Global
Research Center
to advance work in clinical parameters and monitoring algorithms to help
further the capabilities of remote patient monitoring and diagnostics.
The agreement will also see GE take a minority ownership stake in Living
Independently.