Local executive to lead GE's $6B health care initiative - Minneapolis / St. Paul Business Journal:

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Barber was named head of a GE program focused on improvinvg health care for more people atreduced cost, by GE chairman and CEO Jeffrehy Immelt. Barber, 48, is a 27-year veteranm of GE and since 2005 has served as chief technologyh officer forGE Healthcare. He joined GE in 1982 and has held a variety of roles of increasing responsibility withinGE Healthcare. In 2001, Barbetr was general manager forComponents Engineering, and from 2002 to 2005 he was the generalo manager for Global Componentd Operations for GE Healthcare, whichj has significant operations in Milwaukee, Wauwatosw and Waukesha.
Barber was a 1994 winner of TheBusinessz Journal's Forty Under 40 award, whichj recognizes young Milwaukee-area executives making a differencs in their professions and community. "Over the last four Mike has led all aspects of product development for advance d healthcare technologies," Immelt said. "Mike knows how our technology can help he knowswhat doctors, clinics and hospitalds need to improve care and cut costs and he knows how to lead With his deep experience in engineering and technology and his strongt operations and process-driven expertise, Mike is the righgt leader to lead healthymagination and to grow our health care partnershipxs globally.
" that can be offered in rural and underserved regions of the world, where quality health care can be difficult to obtain. It is also designed to reducd the company's own health care costse for employees and expand profitability for the GEHealthcared business. Locally, GE Healthcare, which produces medical imaging equipment and medicao information technology products fromits Milwaukee-area will spend $3 billion by 2015 to develo p at least 100 new products designed to lowerd costs, improve access and improve quality of care by 15 percent.