GE to acquire analytics company CHCA
April 2, 2014 in Medical Technology
In its second analytics buy in the past three months, GE Healthcare will acquire Montreal-based CHCA Computer Systems, which develops operating room management technology.
[See also: GE targets costs with API acquisition]
On Jan. 21, GE announced its acquisition of Hartford, Wis.-based API Healthcare, which develops analytics tools for workforce management, with an eye toward offering access to real-time operational data and enabling efficiencies in staffing, as well as admission discharge and transfer.
CHCA’s Opera application provides data in support of surgical procedure management and decision-making. GE says the technology will help hospitals reduce wait times, prevent cancellations and increase patient throughput.
In a press statement, Jan De Witte, president and CEO of GE Healthcare IT, said the CHCA acquisition – terms of which were not disclosed – “complements our current OR and perioperative software portfolio and will allow us to deliver a more integrated offering that better connects the workflow throughout the OR, using a mix of software, real-time data and powerful analytics to help drive better outcomes for patients.”
CHCA has been developing OR analytics for more than 23 years; GE Healthcare has collaborated with the company to distribute the technology in Europe since 2003
The hope is that this deal will help other hospitals better project their needs when it comes to scheduling staff, planning for surgical procedures and ensuring the availability of surgical materials – increasing efficiency and enhancing patient safety.
“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 CHCA President Jocelyne Thomassin, in a press statement.
“More than ever, hospitals need systems that drive enterprise-wide efficiencies, reduce unnecessary costs and enable improved patient care,” said De Witte. “With this acquisition, we will now be able to offer more of our customers end-to-end workflow and decision support software solutions in high acuity care.”