*GE Healthcare hopes to implement this model across the country with leading institutions;
*GE Healthcare in conjunction with Sanya Hospitals and Diagnostic Centre to establish a new Diagnostic Imaging facility under a public private partnership with the Government of Madhya Pradesh ;
*Rs 80 million partnership will provide diagnostic imaging services using some of the most advanced, hi- tech equipment available from GE Healthcare. The partnership aims to significantly reduce treatment cost by approximately 30-50% for disadvantaged patients.
*Honourable Health Minister, Shri Ajay Vishnoi will be inaugurated the installation of GE LightSpeed CT on the occasion
December 22, 2007 - GE Healthcare, the US$17 billion healthcare business of General Electric Company (NYSE: GE) today announced the signing of a contract between the Government of Madhya Pradesh, GE Healthcare and Sanya Hospitals and Diagnostic center -- GE Healthcare's first Public Private Partnership in India in the healthcare sector. The key objective of the partnership is to provide quality healthcare services at affordable costs.
Under the partnership, GE Healthcare will help set up an advanced, hi-tech diagnostic centre at the Netaji Subash Chandra Bose Medical College Hospital in Jabalpur. The diagnostic center will be equipped with a GE Lightspeed 16-slice computed tomography system (CT) and a Signa HDx1.5T magnetic resonance imaging (MRI) system. Sanya Hospitals and Diagnostic center will provide the diagnostic imaging services at the new imaging centre at an affordable cost. The installation of GE LightSpeed CT is complete and will be inaugurated today by the Honourable Health Minister, Shri Ajay Vishnoi.
Speaking on the occasion of the partnership, V Raja, President & CEO, GE Healthcare, India, said "This partnership envisages our vision to make advanced healthcare technology affordable and accessible to needy patients across the country. Our ambition is to take this model forward in the state as well as across the country, creating a wave of transformation in the Indian healthcare industry"
Sanya Hospitals and Diagnostic Centre will invest Rs 80 million on equipment and in providing trained professionals including doctors, nurses and technicians to the medical college hospital for diagnostic imaging services using CT and MRI.
Mr Hiralal Gupta, Director, Sanya Hospitals and Diagnostic Centre, Delhi, said: "This partnership will create a breakthrough by reducing diagnostic imaging costs for patients by approximately 30% and by up to 50% for below poverty line (BPL) patients. We are glad we are pioneering a new era in healthcare with this PPP initiative with GE Healthcare and Govt. of Madhya Pradesh."
Currently, the Netaji Subash Chandra Bose Medical College Hospital has no CT or MRI facilities, forcing patients to go to private clinics while medical students are unable to gain practical exposure of learning new diagnostic modalities. The diagnostic centre set up under this project will also assist medical students at the college to undertake their thesis research.
"Partnering with the global and local expertise of GE Healthcare and Sanya Hospitals and Diagnostic Centre is a natural way to develop our healthcare capabilities in the region. We also look forward to benefiting from their technical know-how and expertise on the academic front," said Dr K D Baghel, Dean & CEO, Netaji Subash Chandra Bose Medical College Hospital, Jabalpur.
GE Healthcare provides transformational medical technologies and services that are shaping a new age of patient care. Our expertise in medical imaging and information technologies, medical diagnostics, patient monitoring systems, performance improvement, drug discovery, and biopharmaceutical manufacturing technologies is helping clinicians around the world re-imagine new ways to predict, diagnose, inform and treat disease, so their patients can live their lives to the fullest.
GE Healthcare's broad range of products and services enable healthcare providers to better diagnose and treat cancer, heart disease, neurological diseases, and other conditions earlier. Our vision for the future is to enable a new "early health" model of care focused on earlier diagnosis, pre-symptomatic disease detection and disease prevention. Headquartered in the United Kingdom, GE Healthcare is a US$17 billion unit of General Electric Company (NYSE: GE). Worldwide, GE Healthcare employs more than 46,000 people committed to serving healthcare professionals and their patients in more than 100 countries. For more information about GE Healthcare, visit our website at www.gehealthcare.com.
Offering unprecedented views of the human body, this leading-edge technology gives our physicians the power to make clinical decisions and detect health issues in their earliest, and most treatable, stages.
Full-range non-invasive diagnostic options including:
With Signa HDx 1.5T, you clearly see diagnostic detail you couldn't see before: in neuro imaging and brain surgical planning, in challenging vascular scans, in advanced body studies and exquisite musculoskeletal exams - Signa HDx 1.5T further supercharges HD performance with lightning speed, superb image quality and in unique premium clinical applications. GE was the first manufacturer to make MRI clinical viable at 1.5 Tesla. Today, more clinical users worldwide scan with GE Signa 1.5T MR systems than with any other 1.5T scanner. Only Signa HDx 1.5T provides the industry's leading 1.5T MR technology to be the expert everywhere.
Manoj V Menon, Communications Leader
GE Healthcare South Asia
Mobile: +91-9845199852
E-Mail: [email protected]
Ritika Nijhawan/Shalini Menon
Genesis BM, Bangalore
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