Mission Health is North Carolina's sixth-largest health system. It is seeking to balance clinical quality with significant cost savings and efficiency across its system.

The 10-year outcomes-based agreement is expected to help drive significant value for patients, Mission Health, GE and health systems nationwide.

Under the deal, the companies will solve the system’s most complex challenges delivering more than $40m in savings for Mission Health.

Initially, these solutions will be focused on optimizing imaging experience and utilization and smoothing patient care transitions.

Mission Health President and CEO Ronald Paulus said: “This is an innovative, collaborative, outcomes-driven relationship focused on developing new, transformational ways of caring for patients at Mission Health and nationwide.

“The challenges we face at Mission are like so many health systems across the nation. Our goal is to improve our margin, drive system-wide efficiency and deliver an exceptional, transparent experience for every patient, family and team member.

“The solutions that we develop and cost savings we achieve with GE will be scalable and applicable to other similar healthcare systems. This is truly exciting for Mission and the industry.”

GE Healthcare will take over responsibility for servicing Mission Health’s diagnostic and biomedical equipment to drive consistency, standardization and increase quality of care and reliability.

At all its seven facilities, Mission Health is replacing its bedside monitoring and telemetry in order to support the rapidly increasing inpatient acuity.

The hospital system also says that it is cutting down internal and cross-facility transfers to provide seamless care irrespective of site.

Based in Asheville, North Carolina, Mission Health runs six hospitals along with a number of outpatient and surgery centers.