Adventist Health and GE Healthcare Announce First-of-a-Kind Performance Collaboration in the Western U.S.

Designed to Create Capacity for Growth, Increase the Lifecycle Management of Clinical Assets, Improve Patient Care, and Target $100 Million in Benefit over Five Years

Chicago, IL and Roseville, CA - March 5, 2019 - Adventist Health and GE Healthcare announced today a collaboration that will help transform healthcare delivery and patient experience across the 21-hospital system in California, Oregon and Hawaii. During the next five years, the organizations will partner to maximize the capacity of the system’s clinical assets and leverage them to improve patient care delivery. The collaboration will provide health system leaders with better information through advanced analytics and reduce process variation to improve the quality and reliability of care. In addition, the collaboration is expected to enable growth and yield cost-saving efficiencies which create a financial improvement of more than $100 million over five years.

“GE Healthcare understands that at the center of our mission of living God's love by inspiring health, wholeness and hope is a transformation of the way our communities experience health care,” said Bill Wing, president of Adventist Health. “We believe this relationship will help us deliver innovative, patient-centric care, with the goal of improving the community’s health experience and making care more accessible and affordable."

“We are looking forward to continuing our relationship with GE Healthcare, a company that brings access to market-leading resources, expertise, advanced analytics, and proprietary tools,” said John Beaman, chief business officer, Adventist Health. “This is an opportunity for us to improve service operations, provide more alignment across our service program, and increase utilization of clinical assets to provide higher quality care.”

Adventist Health is the latest health system to enter a long-term, strategic risk-sharing relationship with GE Healthcare over the last two years. Other performance partnerships include Jefferson Health (Philadelphia, PA), Hartford Healthcare (Hartford, CT), Lifespan (Providence, RI), Mission Health (Asheville, NC), Navicent Health (Macon, GA), and Temple Health (Philadelphia, PA).

“Adventist Health leadership saw the long-term advantages of partnering with GE Healthcare to advance their mission and growth strategies, drive change and reshape the future of healthcare for their communities,” said Helen Stewart, managing principal, GE Healthcare Partners.

Media Contacts:

Matthew Smith

GE Healthcare

msmith@ge.com

312-982-5513

About Adventist Health

Adventist Health is a faith-based, nonprofit integrated health system serving more than 80 communities on the West Coast and Hawaii. Founded on Seventh-day Adventist heritage and values, Adventist Health provides care in hospitals, clinics, home care agencies, hospice agencies, and joint-venture retirement centers in both rural and urban communities. Our compassionate and talented team of 37,000 includes associates, medical staff physicians, allied health professionals, and volunteers driven in pursuit of one mission: living God's love by inspiring health, wholeness, and hope. Together, we are transforming the American healthcare experience with an innovative, yet timeless, whole-person focus on physical, mental, spiritual, and social healing. For more information about Adventist Health, please visit https://www.adventisthealth.org.

About GE Healthcare

Harnessing data and analytics across hardware, software, and biotech, GE Healthcare is the $19 billion healthcare business of GE (NYSE: GE). As a leading provider of medical imaging equipment, with a track record of more than 100 years in the industry and more than 50,000 employees across 100 countries, we transform healthcare by delivering better outcomes for providers and patients. Follow us on Facebook, LinkedIn, and Twitter or The Pulse for the latest news.