Business Daily from THE HINDU group of publications
Wednesday, Nov 25, 2009
ePaper | Mobile/PDA Version | Audio | Blogs

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Corporate - Announcements
Web Extras - Medical & Surgical Equipments
New GE device can lower ECG cost to Rs 9



Mr V Raja

Our Bureau

Bangalore, Nov. 24 GE Healthcare’s latest ECG device, MAC I, is smaller than a laptop, costs Rs 25,000 and most important, it can slash your ECG bill to just Rs 9.

This, the company said, is over six times lower than prevailing rates and less than a bottle of mineral water.

The $17-billion medical devices major which unveiled the portable electrocardiogram on Monday, is globally on a $6-billion ‘Healthymagination’ campaign to conquer markets through such low-cost, quality products.

“The MAC I is priced at Rs 25,000 to enable hospitals and physicians charge patients as low as Rs 9 per ECG reading,” said Mr V. Raja, President, GE Healthcare South Asia.

The battery-operated product was developed at Bangalore’s GE John F. Welch Technology Centre, which also came out with the MAC-400 that costs Rs 50,000 in the country and the equivalent of Rs 1.5 lakh in the West. GE has tied up with the State Bank of India to provide finance to MAC I buyers at no interest, said Mr R.R. Balaji, General Manager, Cardiology, GE Healthcare South Asia.

Low-cost devices operated in remote places would help to detect heart diseases early in a country prone to cardiac problems, Mr Raja said.

HelpAge India, which said it treats 1,800 elders a month, received a MAC-I for its mobile clinics.

Mr Raja said, “We are developing at least 100 innovations that will reduce the cost of procedure, increase access and improve quality, such as the MAC 400 and the Lullaby (portable incubator)”. The GE range includes digital X-ray machines, ventilators, ultrasound and ECG.

Managed IT centres

GE also said it had cast the net beyond selling devices. It now offered to manage hospital IT solutions besides pushing its Web-based radiology systems.

It showcased the first client of its managed solutions, Delhi’s 80-year-old Diwan Chand Integral Health Services, which is integrating its five remote radiology centres on the GE system.

Mr Raja said IT formed $1.5 billion of the global healthcare major’s revenue. It marked GE’s expansion into the domestic hospital IT business, currently a small piece of a vastly promising market.

The managed Internet-based IT services were aimed at doctors, imaging or scanning centres and large hospitals that needed to integrate their multiple locations.

Healthcare IT, which seamlessly delivers health details to hospitals, doctors and patients any time, anywhere, “is the spine of any good healthcare infrastructure,” said Mr Vishal Wanchoo, President and CEO of GE Healthcare IT. It had not spread much in the country and “We [will] begin changing this through our new initiatives.”

GE has installed its Internet-based PACS-IW (picture archival and communication system) as an interface for radiologists reading scans from remote areas for the client, DCA. It also manages the data centre for a fee.

Dr Ajay Aggarwal, DCI Director and Radiologist, said the 24 radiologists at the imaging centre can now diagnose remote reports within four hours when they were out of hospital.

Related Stories:
GE Healthcare working towards cheaper tools, tech
GE unveils 2 new products
GE Healthcare trebles R&D facility space

More Stories on : Announcements | Medical & Surgical Equipments

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
New GE device can lower ECG cost to Rs 9


Dunlop unit to resume on Dec 2
Pantaloon’s fund raising could help it cut massive debt
RNRL says it was unable to raise funds for Dadri project
BHEL bags Jaiprakash unit contract
CBI claims unearthing additional fraud of Rs 4,739 cr in Satyam
Gujarat Fluorochem to invest Rs 500 cr in Dahej unit
Kals Distilleries to bottle United Spirits brands
Bayer CropScience, GVK BIO pact
Essar Oil, Aegis join hands for cross-selling fuels
Sanghvi to invest Rs 350 cr for power sector cranes
Volvo expects institutional segment to drive bus sales
Heavy vehicles: Exide does not see sales growth
DuPont to focus on renewable energy, hybrid crops
Tatas may launch electric Indica by early 2011
Reva Electric to start overseas manufacturing within a year
XL Tele looks at US, Canada for solar products




The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2009, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line