GE scores $63M per year from defense department for patient monitoring

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GE Healthcare has been awarded two 10-year contracts by the Defense Supply Center Philadelphia (DSCP) that have a reported value of $63 million annually.

The company said the contracts, which have a term of one year with nine separate option years, include patient monitoring solutions, such as acute patient monitoring, networking, telemetry systems, vital signs monitoring. DSCP customers can select from GE's suite of patient monitoring devices, communications networks and IT systems.

In addition, GE said that the two contracts allow federal agencies to select complementary products including: diagnostic cardiology devices and Muse cardiology information archival systems; catheterization laboratory monitoring; Datex-Ohmeda anesthesia delivery, infant incubators and warmers; and fetal monitoring, perinatal information systems, and blood pressure cuffs.

The contracts can be utilized for purchasing GE medical equipment by the Army, Navy, Air Force, Marine Corps, Veterans Administration and federal government agencies globally. Each of the contracts has been under negotiation since April 2007, the company reported.