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GE HealthCare inks $760 million HTM deal with Advantus Health

by Gus Iversen, Editor in Chief | March 03, 2023
HTM Parts And Service
Supply chain management company Advantus Health Partners and GE HealthCare have announced an agreement worth up to $760 million over 10 years, connecting GE HealthCare's healthcare technology management (HTM) services with Advantus Health’s clients.

The program will provide complete management of medical equipment beyond the traditional break/fix approach, including ongoing maintenance, monitoring for and addressing recalls, disinfection and distribution. It is aimed at reducing costs and improving productivity through standardization of processes to manage equipment across healthcare systems and proactive monitoring of data safety.

“Advantus was founded following our team’s success designing a better supply chain model for a large health system with 48 hospitals,” said Dan Hurry, president of Advantus Health Partners. “We understand the growing challenges that health care providers — large and small — face in today’s environment."

Program users will have access to Encompass, GE HealthCare’s real-time location system technology for tracking and locating equipment. Other services include advanced asset management and an advanced scopes program with proactive service strategy for endoscopes.

“We are excited to build a healthier future by managing the comprehensive service needs of healthcare providers and helping ensure they have the latest technology available to provide quality care to their patients,” said Mohamed El-Demerdash, GE HealthCare U.S. and Canada Services president. “Together with Advantus Health Partners, we will support health care organizations as they continue to evolve and adapt to meet their ever-changing needs and those of the communities they serve.”

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