GE HealthCare and Advantus Health Partners have announced a multi-year agreement of up to $760m to expand access to healthcare technology management services.

Under the agreement, which will cover more than ten years, the healthcare technology management (HTM) services of GE HealthCare will be offered to Advantus’ clients.

Together, the companies aim to provide healthcare companies with a holistic programme that is beyond the traditional break-fix approach for medical device maintenance.

Advantus intends to use the expanded partnership to support quality care and sustainable cost reductions for its clients.

The comprehensive HTM programme has been designed to provide complete medical equipment management, including maintenance, monitoring and addressing recalls, as well as disinfection and distribution, in clients’ health care facilities.

GE HealthCare stated that the programme standardises the processes to manage equipment across systems and proactively monitor data safety. This can help reduce costs and improve productivity for clients.

Additionally, Advantus’ clients will have access to GE HealthCare’s Encompass real-time location system.

Encompass tracks and locates a provider’s equipment, allowing caregivers to spend less time searching for equipment.

Other services include asset management and an advanced scopes programme, which includes a proactive service strategy for endoscopes.

GE HealthCare US and Canada Services president Mohamed El-Demerdash said: “We are excited to build a healthier future by managing the comprehensive service needs of healthcare providers and helping ensure they have the latest technology available to provide quality care to their patients.

“Together with Advantus Health Partners, we will support healthcare organisations as they continue to evolve and adapt to meet their ever-changing needs and those of the communities they serve.”

The company stated that healthcare providers will be able to access a scalable, end-to-end solution to manage medical equipment performance and risk through the expanded collaboration.