Last week, GE Healthcare and Microsoft launched the JV company. Snippets of news below
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. The two parent companies bring complementary expertise to this new venture and will contribute intellectual property, including the following: Microsoft Amalga, an enterprise health intelligence platform Microsoft Vergence, an SSO & CMS Microsoft expreSSO, an enterprise single sign-on solution GE Healthcare eHealth, a Health Information Exchange GE Healthcare Qualibria, a clinical knowledge application environment being developed in cooperation with Intermountain Healthcare (Salt Lake City, Utah) and Mayo Clinic Source
Personally, I am pleased to see this. It’s great to see the super fragmented market starting starting to consolidate. Ultimately, this is good news for patients.
This is a great example of convergence that sounds logical, that bring together a company that knows how to make products while another company that has access to market. The cross sell leverage of the 2 firms combined is enormous.
It wasn’t that long ago that Microsoft had sold off it’s Amalga HIS solution to Orion Health. This asset in the hands of Orion Health, is this a set-up for someone bigger to buy-out?
Who makes the next move? Oracle, SAP, epic, Allscript, Cerner, Orionhealth, CSC/iSoft, etc.
We probably need to see another few big moves and give it 5 – 7 years to see next generation of healthcare apps. Exciting times.