General Electric Co. announces plans to donate $50 million to community health clinics

Reuters: "General Electric Co plans to donate about $50 million to community health clinics across the United States over the next couple of years, saying that urban clinics can play a role in the effort to slow the rapid rise of the nation's healthcare bill. The largest U.S. conglomerate doubled its prior pledge ... as it announced $1 million in grants to two Atlanta clinics, bringing its total giving since it kicked off the drive last year to $8.5 million. .. GE generates about $16 billion of annual revenue from its healthcare business, which ranges from selling big equipment like CT-Scan and MRI machines to advising hospitals on how to operate more efficiently" (Malone, 9/22).

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This article was reprinted from khn.org with permission from the Henry J. Kaiser Family Foundation. Kaiser Health News, an editorially independent news service, is a program of the Kaiser Family Foundation, a nonpartisan health care policy research organization unaffiliated with Kaiser Permanente.