GE completes acquisition of API Healthcare

Published on February 13, 2014 at 1:33 PM · No Comments

"Data at our fingertips was critical to our ultimate success in delivering efficiencies across the three hospitals - in patient care, in wait times and in patient and staff satisfaction," said Paul Milton, chief operating officer of Ellis Medicine. "Bringing together the API Healthcare and GE solutions through this acquisition will continue to help Ellis and other hospitals across the industry to maintain complete transparency while creating accountability across the entire organization, at every level."

Ellis Medicine deployed GE's AgileTrac system in 2010 to track both assets and patient flow, which helped Ellis tag and track IV pumps and other clinical equipment, improve workflow, and save $1.1 million over three years. The hospital also rolled out a separate workforce management system developed by API Healthcare in 2011, which allowed management and employees to track everything from staffing data and real-time nurse to patient ratios to payroll and overtime. In just one six-month period, the hospital cut overtime costs by more than 25%, or $720,000, compared to the same period prior to deploying the new systems.

This acquisition furthers GE Healthcare commitment to offer customers integrated solutions to better deliver on their operational commitments.

SOURCE GE Healthcare

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