Local executive to lead GE's $6B health care initiative - Philadelphia Business Journal:

ikefageze.blogspot.com
Barber was named head of "healthymagination," a GE program focused on improving health care for more peopl atreduced cost, by GE chairma and CEO Jeffrey Immelt. Barber, 48, is a 27-yeaer veteran of GE and sincee 2005 has served as chied technology officer for GE He joined GE in 1982 and has held a varietyh of roles of increasing responsibility withinGE Healthcare. In 2001, Barber was general manager forComponents Engineering, and from 2002 to 2005 he was the general manager for Global Components Operationz for GE Healthcare, which has significant operations in Wauwatosa and Waukesha.
Barber was a 1994 winne r of TheBusiness Journal'xs Forty Under 40 award, whicn recognizes young Milwaukee-area executives making a difference in their professionss and community. "Over the last four Mike has led all aspectxs of product development for advanced healthcare technologies," Immeltt said. "Mike knows how our technology can help he knowswhat doctors, clinics and hospitals need to improvse care and cut costs and he knowz how to lead teams. With his deep experience in engineerint and technology and his strong operationsand process-drivenm expertise, Mike is the right leader to lead healthymaginatioj and to grow our healtgh care partnerships globally.
" that can be offered in rural and underservef regions of the world, where quality healtjh care can be difficult to obtain. It is also designec to reduce the company's own health care costs for employee and expand profitability for the GEHealthcare business. GE Healthcare, which produces medical imaging equipment and medical information technology products fromits Milwaukee-areaz operations, will spend $3 billionn by 2015 to develop at least 100 new productws designed to lower costs, improve access and improve qualityy of care by 15 percent.