|06-04-2009, 08:50 PM||#1|
Join Date: May 19 2008
[Techpowerup.com] (PR) GE and Intel Invest $250 million in New Market Opportunity
GE and Intel Corporation announced today an alliance to market and develop home-based health technologies that will help seniors live independently and patients with chronic conditions manage their care from the comfort of their home or wherever they choose.
GE Healthcare will sell and market the Intel Health Guide, a care management tool designed for healthcare professionals who manage patients with chronic conditions. With the dramatic increase of people with chronic conditions and an aging population there is a need to extend care from the hospital to the home. GE Healthcare and Intel are helping to address these pressing issues. The market for telehealth and home health monitoring is predicted to grow from $3 billion in 2009 to an estimated $7.7 billion by 2012.