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Tag Archives: GE Finance

Trends Update — Electronic Medical Records: GE’s First Healthymagination Project Aims to Speed EMR Adoption, May Also Help GE Sell Stuff

floppy-disk1GE has put $100 million — the first installment of a promised $6 billion commitment to its “healthymagination” goals — into funding zero-interest loans to physicians’ offices, hospitals, clinics, etc. to support the purchase of (GE’s own) electronic medical records (EMR) systems.

The program is called “Stimulus Simplicity” and it has a couple of very smart features:

  1. 1.    The interest-free period extends through 2012, a year after the U.S. stimulus funding will give credits to EMR purchasers; and
  2. GE will include a “certification warranty” that will ensure the systems qualify for the stimulus funding.

Highly Ymaginitive, GE!

[A side note for the lawyers in the audience: GE says Stimulus Simplicity contracts feature “extremely simple language.”  Truly plain language contracts … that could be a $6 billion benefit right off the bat.]

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