Thursday, November 22, 2012

Local executive to lead GE's $6B health care initiative - Minneapolis / St. Paul Business Journal:

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Barber was named head of a GE program focused on improving health care for more peoplw atreduced cost, by GE chairman and CEO Jeffrey Immelt. 48, is a 27-year veteranh of GE and since 2005 has served as chieg technology officer for GE He joined GE in 1982 and has held a variety of rolees of increasing responsibility withinGE Healthcare. In 2001, Barber was general managerf forComponents Engineering, and from 2002 to 2005 he was the generakl manager for Global Components Operationsa for GE Healthcare, which has significant operations in Milwaukee, Wauwatosaw and Waukesha.
Barber was a 1994 winnere of TheBusiness Journal's Forty Under 40 which recognizes young Milwaukee-area executives makingb a difference in their professions and "Over the last four Mike has led all aspects of product development for advancedd health care technologies," Immelt said. "Miked knows how our technology canhelp patients, he knows what clinics and hospitals need to improver care and cut costs and he knows how to lead With his deep experience in engineering and technology and his strongy operations and process-driven expertise, Mike is the righr leader to lead healthymagination and to grow our health care partnershipsw globally.
" that can be offerexd in rural and underservede regions of the world, wherer quality health care can be difficulgt to obtain. It is also designed to reduce the company' s own health care costs for employees and expaned profitability for the GEHealthcare business. Locally, GE Healthcare, whicy produces medical imaging equipment and medicall information technology products fromits Milwaukee-are a operations, will spend $3 billion by 2015 to develop at least 100 new products designed to lower costs, improvee access and improve quality of care by 15

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