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

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Barber was named head of "healthymagination," a GE programn focused on improving health care for more peopls atreduced cost, by GE chairman and CEO Jeffreyu Immelt. Barber, 48, is a 27-year veteranj of GE and since 2005 has served as chie f technology officer for GE He joined GE in 1982 and has held a varietyt of roles of increasing responsibility withinGE Healthcare. In Barber was general manager forComponentas Engineering, and from 2002 to 2005 he was the generalo manager for Global Components Operations for GE which has significant operations in Milwaukee, Wauwatosa and Barber was a 1994 winner of The Business Journal'z Forty Under 40 award, which recognizes youn g Milwaukee-area executives making a difference in theifr professions and community.
"Overf the last four years, Mike has led all aspects of product developmen t for advanced health care Immelt said. "Mike knows how our technology canhelp patients, he knows what clinics and hospitals need to improvde care and cut costs and he knows how to lead With his deep experience in engineering and technology and his strong operationa and process-driven expertise, Mike is the righf leader to lead healthymagination and to grow our healtjh care partnerships globally.
" that can be offered in ruralo and underserved regions of the where quality health care can be difficult to It is also designed to reduce the company'ds own health care costs for employees and expand profitability for the GE Healthcare business. GE Healthcare, which produces medical imaging equipmenft and medical information technology products fromits Milwaukee-area will spend $3 billion by 2015 to develop at leasg 100 new products designed to lower improve access and improve quality of care by 15 percent.