<p>GE Healthcare has announced it will invest $2 billion in software over the next five years. Working with the GE Software Center of Excellence in San Ramon, California, the GE subsidiary will use the funds to improve its hospital operations management software and reducing waste and inefficiency in the hospital software status quo.</p><p>GE Healthcare Software Chief Technology Officer Evren Eryurek stated in comments posted on GE's website that GE Healthcare is developing a single common software platform that will span all GE Healthcare products and services (which include software for medical imaging, IT services, patient monitoring, diagnosis, and biopharmaceutical manufacturing).</p><p>"Often, our healthcare customers are faced with disparate IT platforms, with a variety of servers and databases. In addition, their clinicians many times deal with broken workflows for healthcare data analysis, lack of interoperability between healthcare IT systems, and a less-than-desirable user experience as they work tirelessly to deliver care," Eryurek stated. "Investments GE Healthcare is making will address those challenges and enable our customers to improve their operations, asset management, and workflow effectiveness as well as to deliver consistent care especially to large patient populations."</p><p>Eryurek said healthcare inefficiency has a global cost of $731 billion per year, and just a 1 percent improvement in efficiency could lead to savings of $63 billion over 15 years.</p><p><a href="http://mobihealthnews.com/23009/ge-healthcare-to-spend-2b-on-common-software-platform-for-its-products/">Keep reading...</a></p>