CEO explains why GE Healthcare is so focused on AI

Ella Castle

In a Thursday interview with CNBC’s Jim Cramer, GE Healthcare CEO Peter Arduini said a lot of his company’s research and development efforts are focused on artificial intelligence. Arduini went through several ways AI can enhance health-care workers’ productivity, including technology that makes patient data more cohesive. “The last piece, […]

GE Healthcare CEO Peter Arduini talks AI investments

In a Thursday interview with CNBC’s Jim Cramer, GE Healthcare CEO Peter Arduini said a lot of his company’s research and development efforts are focused on artificial intelligence.

Arduini went through several ways AI can enhance health-care workers’ productivity, including technology that makes patient data more cohesive.

“The last piece, which we’re assembling now and will evolve in the next few years, is what’s called multimodal data integration — your genomics information, your pathology information, your image data,” he said. “All together on one pane of glass, and a given algorithm, or foundational model, that can help decipher through that data and help your clinician move you in the right direction.”

Arduini also described how AI can be used in MRIs, CTs and ultrasounds to heighten imaging, claiming that customers are willing to pay more for these advanced products. He added that GE Healthcare’s R&D investments over the past year created a pipeline of 40 new products that will have a “flywheel effect” on the business.

Arduini also reflected on GE Healthcare’s first year as an independent company from GE, saying that independence enabled progress.

“Focus is a lot. We have a very focused board, we have people coming to us that really are dedicated to health care,” he said. “We’ve been able to free up our own balance sheet to invest across the company.”

GE Healthcare CEO Peter Arduini goes one-on-one with Jim Cramer

Jim Cramer’s Guide to Investing

Sign up now for the CNBC Investing Club to follow Jim Cramer’s every move in the market.

Disclaimer The CNBC Investing Club Charitable Trust holds shares of GE Healthcare.

Questions for Cramer?
Call Cramer: 1-800-743-CNBC

Want to take a deep dive into Cramer’s world? Hit him up!
Mad Money TwitterJim Cramer Twitter – Facebook – Instagram

Questions, comments, suggestions for the “Mad Money” website? [email protected]

Next Post

Long COVID: Another Great Pretender

George D. Lundberg, MD Has COVID replaced syphilis as the great imitator? At the turn of the 20th century, Sir William Osler was quoted as saying, “He who knows syphilis knows medicine.” If you have any doubts about the “imitator” analogy, simply use any broad search engine or AI portal […]
Long COVID: Another Great Pretender

Subscribe US Now

situs judi bola Daftar sekarang dengan cara klik link login slot via dana 24 jam terpercaya, join sekarang slot gacor online dengan pilihan platform game slot pragmatic play paling favorit tahun 2023. akun pro thailand idn poker