Proving the Business Case for the Internet of Things

GE Healthcare to acquire CHCA in industrial internet push

Iain Morris
April 9, 2014

GE Healthcare is to acquire analytics provider CHCA in a move it claims will lead to better outcomes for patients in operating rooms and further aid the development of its industrial internet strategy.

The company – a subsidiary of industrial giant GE (Fairfield, CT, USA) – did not disclose how much it is to pay for CHCA but said it expected to close the deal in the second quarter of the year.

GE hopes to use CHCA’s (Terrebonne, Canada) Opera software application to increase productivity and patient satisfaction in the operating room, providing real-time data to support decision making during surgical procedures.
The takeover follows GE Healthcare’s acquisition of API Healthcare (Hartford, WI, USA) in January, as the company looks to expand its software footprint.

GE says CHCA’s technology will help to address the complexity of the operating room environment, with both clinicians and administrators facing challenges when planning surgical procedures and ensuring the availability of surgical materials.
“A key tenet of our Industrial Internet investment is addressing new and pressing operational and productivity challenges facing healthcare,” said Jan De Witte, the president and chief executive of GE Healthcare IT. “In the operating room – the epicenter of today’s hospital – better efficiency in turn benefits patients by reducing waiting times, preventing cancellations and increasing patient throughput.”

“CHCA’s Opera solution complements our current operating room and perioperative software portfolio and will allow us to deliver a more integrated offering that better connects the workflow throughout the operating room, using a mix of software, real-time data and powerful analytics to help drive better outcomes for patients,” he added.

GE has already built up a relationship with CHCA and an understanding of its technology, having collaborated with the company in Europe since 2003.

“Building on a fruitful partnership, this acquisition will further extend the delivery of this world-class operating room management solution to more customers globally,” said Jocelyne Thomassin, CHCA’s president.

De Witte said the acquisition would ultimately allow GE Healthcare to offer more customers end-to-end workflow and decision-support software solutions in high acuity care. 
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