Dive Brief:
- GE HealthCare has formed a 10-year, $500 million strategic partnership with Catholic Health, the company said last week.
- The agreement positions GE HealthCare to provide more than 1,300 pieces of technology to the integrated health system’s hospitals and ambulatory locations.
- GE HealthCare will start shipping equipment within months and expects to provide about half of the devices covered by the deal to Catholic Health clinical sites in the next three years.
Dive Insight:
New York-based Catholic Health has partnered with GE HealthCare to modernize equipment used by its cardiology, oncology, neurology and women’s health teams. To support its oncology unit, Catholic Health will install imaging technologies with on-device AI capabilities and expand nuclear medicine capabilities at two hospitals. The imaging equipment is intended to cut the time from diagnosis to treatment.
Other investments focus on changing where patients undergo diagnostic imaging. GE HealthCare will install hundreds of ultrasound systems to “support clinician confidence at the point of care, including at the bedside” and provide advanced cardiac imaging to multiple outpatient and ambulatory sites.
An embedded cardiovascular scientist will work directly with Catholic Health clinicians. That aspect of the deal, which GE HealthCare said is unique, is intended to help highlight physician perspectives, clinical insights and patient care needs. The information could inform equipment and technology decisions.
Contrast-enhanced mammography equipment, expanded diagnostic imaging capabilities and upgraded maternal-infant care monitoring technologies are among the devices scheduled for installation in the first months of the alliance. The mammography equipment is intended to improve access to breast imaging and biopsy services.
The partners expect the 10-year deal to generate capital savings compared with traditional equipment purchasing approaches. GE HealthCare attributed the anticipated savings to “unitary payments and accelerators.”
The deal is the latest in a series of pacts that GE HealthCare calls “care alliances.” GE HealthCare pitches the alliances as multiyear collaborations to integrate people, processes and technology into its partner’s operations. Working through teams dedicated to the client, GE HealthCare tailors technology acquisition and management, workforce development and operations to the customer’s needs.
In recent years, GE HealthCare has formed a 10-year collaboration with OSF HealthCare, a seven-year partnership with Sutter Health and a 14-year pact with UC San Diego Health. The Sutter deal is valued at $1 billion, GE HealthCare CEO Peter Arduini said on an earnings call in February 2025.
