Two of the nation's technology giants, General Electric and Intel, are joining forces to try to cash in on the trend of delivering more health care outside hospitals and doctors' offices.
The companies, in a partnership announced on Thursday, plan to spend $250 million jointly in the next five years on research and development of health technologies to let doctors remotely monitor, diagnose and consult with patients in their homes or assisted-living residences.
Both companies have fledgling offerings in the field of telehealth, as it is known, and home health monitoring. Intel has just introduced a special-purpose computer with two-way video capability, which is linked over the Internet to a doctor, nurse or physician assistant, called Intel Health Guide.