{"id":784485,"date":"2023-09-18T08:15:39","date_gmt":"2023-09-18T12:15:39","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ge-healthcare-awarded-a-44-million-grant-to-develop-artificial-intelligence-assisted-ultrasound-technology-aimed-at-improving-outcomes-in-low-and-middle-income-countries\/"},"modified":"2023-09-18T08:15:39","modified_gmt":"2023-09-18T12:15:39","slug":"ge-healthcare-awarded-a-44-million-grant-to-develop-artificial-intelligence-assisted-ultrasound-technology-aimed-at-improving-outcomes-in-low-and-middle-income-countries","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ge-healthcare-awarded-a-44-million-grant-to-develop-artificial-intelligence-assisted-ultrasound-technology-aimed-at-improving-outcomes-in-low-and-middle-income-countries\/","title":{"rendered":"GE HealthCare Awarded a $44 Million Grant to Develop Artificial Intelligence-Assisted Ultrasound Technology Aimed at Improving Outcomes in Low-and-Middle-Income Countries"},"content":{"rendered":"<p>        <!--.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>GE HealthCare Awarded a $44 Million Grant to Develop Artificial Intelligence-Assisted Ultrasound Technology Aimed at Improving Outcomes in Low-and-Middle-Income Countries<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nGrant from Bill &amp; Melinda Gates Foundation will facilitate development of AI-assisted applications and tools to enable healthcare professionals with less experience to perform quick and accurate ultrasound scans to help address maternal and fetal health and respiratory diseases<\/p>\n<\/li>\n<li>\nAI-assisted ultrasound algorithms will be developed to run on multiple ultrasound devices to expand access to high quality care around the world with an emphasis on low-and-middle income countries (LMIC)<\/p>\n<\/li>\n<\/ul>\n<p>CHICAGO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nGE HealthCare (Nasdaq: GEHC) today announced it received a grant from the Bill &amp; Melinda Gates Foundation for more than $44 million to create user-friendly, artificial intelligence (AI)-assisted ultrasound imaging auto-assessment tools. These tools will seek to aid healthcare professionals\u2014even those without specialized training or experience with ultrasound\u2014with clinical decision information to support more effective obstetric and lung screening ultrasound scans across maternal and fetal care as well as pediatric lung health, with a goal of expanding access to low-and-middle income countries (LMIC) and across diverse sites of care.<\/p>\n<p>\nCaption Health, a leader in medical AI acquired by GE HealthCare in February 2023, will design this technology to run across a range of ultrasound devices and probes, including lower-cost handheld devices.<\/p>\n<p>\n\u201cWe are proud and excited to have received this grant from the Bill &amp; Melinda Gates Foundation to make ultrasound more accessible in low-and-middle income countries. Ultrasound is an essential tool for screening and diagnosis of various medical conditions, including the health of expectant mothers and managing respiratory diseases,\u201d said Roland Rott, President and CEO, Ultrasound, GE HealthCare. \u201cHowever, a key limitation is the guidance of lesser-skilled users to effectively apply affordable point-of-care ultrasound in their care environment. This grant will help bring Caption Health\u2019s leading AI technology customized to more users, and therefore contribute to increased access to higher-quality medical care.\u201d<\/p>\n<p>\nMaternal and child mortality is a critical healthcare issue around the world. In 2020, almost 800 women died every day from preventable causes linked to pregnancy and childbirth, with approximately 95 percent of all maternal deaths occurring in LMIC.<sup>1<\/sup> In 2019, 2.4 million children around the world died in their first month of life. Ultrasound technologies are used in maternal care to determine fetal health markers and conditions like gestational age, fetal presentation, multiple gestation (more than one fetus), fetal viability, umbilical blood flow, and ectopic pregnancy.<\/p>\n<p>\nFor children younger than five years old, pneumonia is the leading cause of death worldwide.<sup>2<\/sup> Because symptoms of pneumonia can develop suddenly, early diagnosis is vital to effective treatment and preventing complications. Point of care lung ultrasound can provide physicians with a view of the entire lung, is easily repeatable and can diagnose pneumonia with greater accuracy compared with a bedside chest X-ray.<sup>3<\/sup><\/p>\n<p>\nIn 2020, Caption Health received a grant from the Bill &amp; Melinda Gates Foundation to support the development of innovative AI technology for lung ultrasound.<\/p>\n<p>\n\u201cCaption Health AI applications are designed to guide healthcare professionals, step-by-step, during an ultrasound exam to help them capture and interpret high-quality ultrasound images,\u201d said Karley Yoder, Chief Digital Officer, Ultrasound, GE HealthCare and General Manager, Caption Health. \u201cWe are thankful for the continued support of the Bill &amp; Melinda Gates Foundation, which enables us to expand the development of our existing lung ultrasound project and also broaden the reach of this powerful, novel technology to help provide care to mothers and children.\u201d<\/p>\n<p>\nCurrently, Caption Health offers Cardiac Guidance software, which is FDA cleared. With the support of the Bill &amp; Melinda Gates Foundation grant, Caption Health will develop multiple lung ultrasound and obstetric algorithms through clinical validation and regulatory submissions.<\/p>\n<p><b>About GE HealthCare<\/b><\/p>\n<p>\nGE HealthCare is a leading global medical technology, pharmaceutical diagnostics, and digital solutions innovator, dedicated to providing integrated solutions, services, and data analytics to make hospitals more efficient, clinicians more effective, therapies more precise, and patients healthier and happier. Serving patients and providers for more than 100 years, GE HealthCare is advancing personalized, connected, and compassionate care, while simplifying the patient\u2019s journey across the care pathway. Together our Imaging, Ultrasound, Patient Care Solutions, and Pharmaceutical Diagnostics businesses help improve patient care from diagnosis, to therapy, to monitoring. We are an $18.3 billion business with 50,000 employees working to create a world where healthcare has no limits.<\/p>\n<p>\nFollow us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2FGEHealthCare%2F&amp;esheet=53556172&amp;newsitemid=20230917466743&amp;lan=en-US&amp;anchor=Facebook&amp;index=1&amp;md5=60306db30e94245620cc1329b96e4957\">Facebook<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fgehealthcare%2Fmycompany%2F&amp;esheet=53556172&amp;newsitemid=20230917466743&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=2&amp;md5=2e61ba1297c31aee0d181775c7cbd2ec\">LinkedIn<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FGEHealthcare&amp;esheet=53556172&amp;newsitemid=20230917466743&amp;lan=en-US&amp;anchor=Twitter&amp;index=3&amp;md5=423ae55302d4f59afaf28218dba8b142\">Twitter<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.instagram.com%2Fgehealthcare%2F&amp;esheet=53556172&amp;newsitemid=20230917466743&amp;lan=en-US&amp;anchor=Instagram&amp;index=4&amp;md5=b349b746c9676d768f401ba723e87fa8\">Instagram<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.gehealthcare.com%2Finsights%3FshowPopup%3Dfalse&amp;esheet=53556172&amp;newsitemid=20230917466743&amp;lan=en-US&amp;anchor=Insights&amp;index=5&amp;md5=914d8b4fe700ac68a9b0a8eb0c19ce6b\">Insights<\/a> for the latest news, or visit our website <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.gehealthcare.com%2F&amp;esheet=53556172&amp;newsitemid=20230917466743&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.gehealthcare.com%2F&amp;index=6&amp;md5=d7d0318055c9e025425f37ac37e622c9\">https:\/\/www.gehealthcare.com\/<\/a> for more information.<\/p>\n<p><sup>1<\/sup> World Health Organization. Maternal Mortality. Published February 22, 2023. Accessed August 22, 2023. Available at: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.who.int%2Fnews-room%2Ffact-sheets%2Fdetail%2Fmaternal-mortality&amp;esheet=53556172&amp;newsitemid=20230917466743&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.who.int%2Fnews-room%2Ffact-sheets%2Fdetail%2Fmaternal-mortality&amp;index=7&amp;md5=ddc6902c6647354dcaf2aebf5f6deea7\">https:\/\/www.who.int\/news-room\/fact-sheets\/detail\/maternal-mortality<\/a>.<\/p>\n<p><sup>2<\/sup> World Health Organization. Pneumonia. WHO. <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.who.int%2Fnews-room%2Ffact-sheets%2Fdetail%2Fpneumonia&amp;esheet=53556172&amp;newsitemid=20230917466743&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.who.int%2Fnews-room%2Ffact-sheets%2Fdetail%2Fpneumonia&amp;index=8&amp;md5=9bf446bb4a295f01953623450805587c\">https:\/\/www.who.int\/news-room\/fact-sheets\/detail\/pneumonia<\/a>. Accessed June 10, 2022.<\/p>\n<p><sup>3<\/sup> Systematic review and meta-analysis for the use of ultrasound versus radiology in diagnosing of pneumonia, Saeed Ali Alzahrani et al. Crit Ultrasound J. 2017; 9: 6. doi: 10.1186\/s13089-017-0059-y<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230917466743r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230917466743\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230917466743\/en\/<\/a><\/span><\/p>\n<p>\nEric Tatro<br \/>\n<br \/>+1 312 459 6140<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Eric.Tatro@ge.com\">Eric.Tatro@ge.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Illinois Africa United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Technology Medical Devices Health Technology Philanthropy Radiology Health Other Philanthropy Foundation Artificial Intelligence<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230917466743\/en\/1673594\/3\/GE_HealthCare_Logo_%28Jan_2023%29.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>GE HealthCare Awarded a $44 Million Grant to Develop Artificial Intelligence-Assisted Ultrasound Technology Aimed at Improving Outcomes in Low-and-Middle-Income Countries Grant from Bill &amp; Melinda Gates Foundation will facilitate development of AI-assisted applications and tools to enable healthcare professionals with less experience to perform quick and accurate ultrasound scans to help address maternal and fetal health and respiratory diseases AI-assisted ultrasound algorithms will be developed to run on multiple ultrasound devices to expand access to high quality care around the world with an emphasis on low-and-middle income countries (LMIC) CHICAGO&#8211;(BUSINESS WIRE)&#8211; GE HealthCare (Nasdaq: GEHC) today announced it received a grant from the Bill &amp; Melinda Gates Foundation for more than $44 million to create user-friendly, artificial intelligence (AI)-assisted ultrasound &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ge-healthcare-awarded-a-44-million-grant-to-develop-artificial-intelligence-assisted-ultrasound-technology-aimed-at-improving-outcomes-in-low-and-middle-income-countries\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GE HealthCare Awarded a $44 Million Grant to Develop Artificial Intelligence-Assisted Ultrasound Technology Aimed at Improving Outcomes in Low-and-Middle-Income Countries&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-784485","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GE HealthCare Awarded a $44 Million Grant to Develop Artificial Intelligence-Assisted Ultrasound Technology Aimed at Improving Outcomes in Low-and-Middle-Income Countries - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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to help address maternal and fetal health and respiratory diseases AI-assisted ultrasound algorithms will be developed to run on multiple ultrasound devices to expand access to high quality care around the world with an emphasis on low-and-middle income countries (LMIC) CHICAGO&#8211;(BUSINESS WIRE)&#8211; GE HealthCare (Nasdaq: GEHC) today announced it received a grant from the Bill &amp; Melinda Gates Foundation for more than $44 million to create user-friendly, artificial intelligence (AI)-assisted ultrasound &hellip; Continue reading &quot;GE HealthCare Awarded a $44 Million Grant to Develop Artificial Intelligence-Assisted Ultrasound Technology Aimed at Improving Outcomes in Low-and-Middle-Income Countries&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/ge-healthcare-awarded-a-44-million-grant-to-develop-artificial-intelligence-assisted-ultrasound-technology-aimed-at-improving-outcomes-in-low-and-middle-income-countries\/\" \/>\n<meta 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Technology Aimed at Improving Outcomes in Low-and-Middle-Income Countries Grant from Bill &amp; Melinda Gates Foundation will facilitate development of AI-assisted applications and tools to enable healthcare professionals with less experience to perform quick and accurate ultrasound scans to help address maternal and fetal health and respiratory diseases AI-assisted ultrasound algorithms will be developed to run on multiple ultrasound devices to expand access to high quality care around the world with an emphasis on low-and-middle income countries (LMIC) CHICAGO&#8211;(BUSINESS WIRE)&#8211; GE HealthCare (Nasdaq: GEHC) today announced it received a grant from the Bill &amp; Melinda Gates Foundation for more than $44 million to create user-friendly, artificial intelligence (AI)-assisted ultrasound &hellip; Continue reading \"GE HealthCare Awarded a $44 Million Grant to Develop Artificial Intelligence-Assisted Ultrasound Technology Aimed at Improving Outcomes in Low-and-Middle-Income 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