53.4 F
Indianapolis
Thursday, March 28, 2024

GE Healthcare expands home health business

More by this author

GE Healthcare, a unit of General Electric Co., said Tuesday it has bought Living Independently Group Inc. to expand its home health care business.

GE of Fairfield, Conn., did not disclose how much it paid.

GE Healthcare initially acquired a minority stake in the New York company in September 2008, with plans to develop a passive monitoring system called QuietCare for use worldwide. QuietCare uses wireless sensors to track the daily patterns of a senior’s activities and alerts caregivers of changes that may signal health issues or emergencies.

GE Healthcare is based in Chalfont St. Giles, U.K.

Shares of parent GE rose 10 cents to $16.12 in afternoon trading.

Ā© 2009 Associated Press. Displayed by permission. All rights reserved.

- Advertisement -

Upcoming Online Townhalls

- Advertisement -

Subscribe to our newsletter

To be updated with all the latest local news.

Stay connected

1FansLike
1FollowersFollow
1FollowersFollow
1SubscribersSubscribe

Related articles

Popular articles

EspaƱol + Translate Ā»
Skip to content