GE Medical Systems last month increased its growing investmentin the equipment maintenance sector by agreeing to acquire twocompanies that market service-related products. GE bought theU.S. healthcare insurance business of Specialty Underwriters ofOak
GE Medical Systems last month increased its growing investmentin the equipment maintenance sector by agreeing to acquire twocompanies that market service-related products. GE bought theU.S. healthcare insurance business of Specialty Underwriters ofOak Creek, WI, as well as independent service organization MaintenanceManagement, which is a subsidiary of Specialty Underwriters.
Specialty Underwriters offers healthcare maintenance insurance,in which an insurer covers a healthcare facility and pays forthe costs of equipment repair and maintenance, much as individualindemnity insurance plans do. Maintenance Management specializesin biomedical service, according to Gary Foster, GE's generalmanager of service marketing. The acquisition adds niche productsand services to GE's multivendor service business.
"It will continue our emphasis on having the broadest arrayof products for our customers," Foster said.
Both businesses were founded and owned by Michael Polaski, whowill continue to operate the non-healthcare operations of SpecialtyUnderwriters, as well as the company's healthcare maintenanceinsurance operations outside the U.S.
New CT Angiography Study Shows Impact of COVID-19 on Coronary Inflammation and Plaque
February 5th 2025Prior COVID-19 infection was associated with a 28 percent higher progression of total percent atheroma volume (PAV) annually and over a 5 percent higher incidence of high-risk plaque in patients with coronary artery lesions, according to CCTA findings from a new study.