General Electric (GE) announces participation in an entry-point project to establish a Diagnostic Services Nexus under the Economic Transformation Programme.
KUALA LUMPUR, MALAYSIA -- March 8, 2011 - GE (NYSE: GE) announced today the company's commitment to establish a Diagnostic Services Nexus (DSN) under the Healthcare National Key Economic Area (NKEA) of the Economic Transformation Programme (ETP). The announcement forms part of GE's `company-to-country strategy' to support the government's effort to transform Malaysia into a high-income nation by 2020.
The announcement was made by Prime Minister Datuk Seri Najib Tun Razak at a press conference today, for which Performance Management and Delivery Unit (Pemandu) CEO Datuk Seri Idris Jala was present. Also in attendance were CEO of GE ASEAN, Stuart Dean; and Asia-Pacific President & CEO of GE Healthcare, Akihiko Kumagai.
Says Stuart Dean, "Malaysia's ETP is a great model of how the public and private sectors can work together to develop the nation and increase the gross national income whilst creating more jobs. GE is excited by the many business opportunities that the ETP offers under the various NKEAs and looks forward to becoming a key partner towards achieving the nation's goals."
Healthcare in Malaysia is a dynamic and rapidly growing industry and currently contributes to RM15 billion in gross national income. Under the ETP, the government aims to develop the industry by migrating to a more comprehensive product, services and asset strategy. Tapping into this opportunity, GE, in cooperation with local partners, is investing its technology and expertise to develop the DSN.
By linking public and private sector radiologists in Malaysia on a teleradiology grid, the DSN will serve to redistribute reporting workload in the country and build capacity which will in turn, generate gross national income by in-sourcing teleradiology services from overseas. The project is expected to have a gross national income contribution of RM540 million and create 1500 jobs by 2020.
Says Akihiko Kumagai, "Consistent with our company's healthymagination initiative, GE is committed to improving the quality, increasing access and lowering the cost of healthcare in Malaysia. We are proud to be able to utilize our expertise in healthcare information technologies to deliver better healthcare to Malaysians through the Diagnostic Services Nexus."
The DSN will feature products from GE's advanced healthcare IT solutions line to handle the demands of high volume radiology departments, large stand-alone hospitals and entire hospital networks. GE's Picture Archiving and Communication (PACS) Solution provides a flexible and efficient approach to storing and managing diagnostics images, and is installed in many tertiary hospital Information Systems in Malaysia. GE's Healthcare IT solutions are widely used around the world.
The DSN is a further testament to GE's commitment to advance healthcare in the Malaysia, where GE is already a major player in the industry with partnerships with the Ministry of Health and Ministry of Education, as well as private healthcare facilities, academic and research centers.
###
About GE:
GE (NYSE: GE) is a diversified infrastructure, finance and media company taking on the world's toughest challenges. From aircraft engines and power generation to financial services, health care solutions and television programming, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company's website at www.ge.com.
About GE Healthcare:
GE Healthcare provides transformational medical technologies and services that are shaping a new age of patient care. Our broad expertise in medical imaging and information technologies, medical diagnostics, patient monitoring systems, drug discovery, biopharmaceutical manufacturing technologies, performance improvement and performance solutions services help our customers to deliver better care to more people around the world at a lower cost. In addition, we partner with healthcare leaders, striving to leverage the global policy change necessary to implement a successful shift to sustainable healthcare systems.
Our "healthymagination" vision for the future invites the world to join us on our journey as we continuously develop innovations focused on reducing costs, increasing access and improving quality around the world. Headquartered in the United Kingdom, GE Healthcare is a unit of General Electric Company (NYSE: GE). Worldwide, GE Healthcare employees are 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.
For our latest news, please visit http://newsroom.gehealthcare.com.
For more information, contact:
Zatalini Zulkiply
PR and Communications Executive
GE Corporate
+65 22671892
[email protected]
Khor Jiak Woen
ASEAN Marketing Leader
GE Healthcare
+ 603 22671885
[email protected]
Corporate Communications
[email protected]
business unit
tags