Public sector

GE and Microsoft advance joint venture

General Electric (GE), through its healthcare IT business, and Microsoft have announced that their new company will be called Caradigm and is expected to launch in the first half of 2012.

Caradigm will allow health systems and professionals to use real-time, system-wide intelligence to help improve healthcare quality and the patient experience.

The new company will develop and market an open, interoperable technology platform and collaborative clinical applications focused on enabling better population health management to improve outcomes and the economics of health and wellness.

The technology involved includes Microsoft Amalga, Microsoft Vergence, Microsoft expreSSO, GE Healthcare eHealth and GE Healthcare Qualibria.

We have an exciting opportunity to transform healthcare globally with an established open platform and a new generation of applications focused on population health

Michael Simpson, Caradigm CEO-designate
 
“We have an exciting opportunity to transform healthcare globally with an established open platform and a new generation of applications focused on population health,” said CEO-designate Michael Simpson.

Simpson continued: “Around the world, delivery system reforms and payment model changes are requiring healthcare providers to integrate data across silos of care delivery to enable better care coordination and performance improvement. We’re founding Caradigm to meet the changing needs of health and healthcare across the globe.”

Microsoft and GE Healthcare are also announcing several Caradigm leaders who will serve under Simpson once the new company is formed. The names announced are:

  • Chief medical officer and senior vice president, product strategy: Dr. Brandon Savage, currently chief medical officer, GE Healthcare IT
  • Chief technology officer and senior vice president, engineering: Neal Singh, currently general manager of Microsoft Dynamics AX Global Financial Management
  • Chief operating officer: Nigel Mason, currently director, GE Healthcare Commercial Centre of Excellence
  • Chief people officer: Tami Lamp, currently senior HR director, Microsoft
  • General counsel and vice president: Warren Ratliff, currently chief counsel, GE Healthcare IT Knowledge & Connectivity Solutions.

Caradigm’s board of directors will be John Dineen, president and CEO, GE Healthcare; Jan de Witte, president and CEO, GE Healthcare IT and Performance Solutions; Kirill Tatarinov, president, Microsoft Business Solutions Division; and Amy Hood, corporate vice president and CFO, Microsoft Business Division.

GE Healthcare and Microsoft will be demonstrating Caradigm’s future product capabilities at HIMSS12, the year’s largest healthcare IT trade show, in Las Vegas later this month.

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