BETHESDA, MD, April 29, 2014 --- GE Capital's Healthcare Financial Services business announced today that it is serving as administrative agent on $165 million in senior credit facilities for Paradigm Management Services, LLC, a specialty provider of healthcare management services for patients with complex medical needs. The proceeds of the credit facilities will be used to refinance an existing term loan, pay a dividend to shareholders and fund general corporate purposes. GE Capital Markets served as joint lead arranger and joint bookrunner on the transactions.
Doctors Will Play New Roles as Wearable Tech Evolves
Doctors Will Play New Roles as Wearable Tech Evolves
As wearable health and wellness technology begins to flood the market, could consumers rely too heavily on these devices and apps to make decisions about the state of their own health care without consulting a doctor?
Yes and No.
Yes, because consumers could conclude false assumptions based on health data that they don't fully comprehend.
Jet Testing Method Brings Inspectors to the Cloud
Jet Testing Method Brings Inspectors to the Cloud
It could happen anywhere. An airline is about to send a jet to the gate, when a mechanic detects a possible crack in the fuselage during a routine check.
Don't Keep This Exoskeleton in Your Closet
Don't Keep This Exoskeleton in Your Closet
Supercomputer Says Material Could Filter Water 100 Times...
Supercomputer Says Material Could Filter Water 100 Times...
Supercomputer Says Material Could Filter Water 100 Times Faster
Graphene's potential to make saltwater drinkable might just match the hype the supermaterial has been garnering, researchers say.
The material, which is composed of linked carbon atoms that look like chicken-wire fencing, forms sheets so thin they are considered two-dimensional.
Implant Delivers Gene Therapy To Improve Hearing by Michael...
Implant Delivers Gene Therapy To Improve Hearing by Michael...
The cochlear implant struggles to do the work of a normal ear, which drives thousands of nerve fibers to generate auditory signals for the brain to interpret, says UNSW's Gary Housley.
The implant works by using a speech processor to drive a limited number of electrodes that the inner ear can deliver as auditory signals to the brain, says Housley.
GE Chairman and CEO Jeff Immelt met today at the Elysee with French President Francois Hollande and Minister of Economy, Industrial Renewal, and Digital Economy Arnaud Montebourg, to discuss potential GE investments in France. Following the meeting, GE issued the following statement from Mr. Immelt: