GE Healthcare Commits U.S.$300 Million to Emerging Market Health

GE Healthcare, the $18 billion healthcare technology division of GE (NYSE: GE), announced the creation of a new business unit, Sustainable Healthcare Solutions (SHS), that will develop high-value, low-cost technologies and healthcare delivery solutions across multiple care settings. The new organization will invest $300 million as part of a multi-phase effort to develop a more robust affordable healthcare portfolio for customers. The unit will combine GE Healthcare's operations in India, South Asia, Africa and Southeast Asia.

GE's portable ultrasound system designed for primary healthcare workers – including midwives, general practitioners, paramedics and clinical officers – especially in under-resourced areas.

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