GE Healthcare to drop $1B on healthcare provider education

GE Healthcare (NYSE:GE) said it is investing $1 billion in healthcare provider education and training over the next 5 years.

GE Healthcare said the enhanced training will reach more than 2 million healthcare professionals by 2020 and help more than 300 million patients. The program will deliver localized offerings and include technology-enabled training solutions.

“Challenges around localized capacity building, training and innovation are consistent themes for many healthcare systems and Ministries of Health around the world. We will continue to work closely with local governments, institutions and customers to address some of their most important concerns. In some countries, this will mean training midwives to use new ultrasound or portable diagnostic equipment. In others, it will include supporting multi-hospital networks to enhance their clinical and operational outcomes,” CEO John Flannery said in a press release.

The company said programs could include peer-to-peer training by key opinion leaders, video conference training, clinical product training, leadership training and more, all centered around improving and driving change in the healthcare industry.

The new educational plan joins 7 other global training efforts from GE, including the Skill India Initiative, Developing Health Globally initiative and other collaborative efforts.

“Our focus is to develop meaningful, relevant education solutions that will help healthcare professionals create long-term value and positive measurable impact. By combining our heritage in medical technology, healthcare IT, software and life sciences, we can provide enhanced learning, insights and best practices that can make a real difference,” global education services GM Mario Lois said in prepared remarks.

GE Healthcare said the critical goals of the program are greater access and more measurable outcomes.  The company touted its use of remotely controlled robotic teleprescence training solutions and outcome-based education offerings that leverage data and analytics to identify training needs and build plans around them.

“Healthcare providers continue to experience increased patient volumes and decreased time for training. And it’s clear to us that the skills of healthcare professionals using medical equipment are at least as impactful on the resulting outcomes, as the quality of the product itself. Healthcare providers will be able to embrace new GE education solutions, to better train their staff, optimize equipment use, and ultimately improve patient care,” Lois said in a prepared statement.

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