GE and Intel working on remote monitors to provide home healthcare

General Electric and Intel are joining forces to try to cash in on the trend of delivering more healthcare outside hospitals and doctors' offices. The companies 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 and home health monitoring.