GE, Microsoft to Launch Joint Venture Aimed at Global Healthcare System Transformation

tbd if this is essentially an exit strategy for Microsoft’s healthcare-related investments

General Electric Co. (NYSE: GE), through its healthcare IT business, and Microsoft Corp. (Nasdaq “MSFT”) today announced plans to create a joint venture aimed at helping healthcare organizations and professionals use real-time, systemwide intelligence to improve healthcare quality and the patient experience. Upon formation, the new company will develop and market an open, interoperable technology platform and innovative clinical applications focused on enabling better population health management to improve outcomes and the overall economics of health and wellness.

GE, Microsoft to Launch Joint Venture Aimed at Global Healthcare System Transformation: 50/50 JV combines Microsoft’s deep platform expertise with GE Healthcare’s experience in clinical and administrative workflow solutions.