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GE executive donates life-saving machine to hospital's newborn unit.

Jonathan Kern, global chief investment officer at GE Real Estate, has arranged for the donation of a state-of-the-art GE neonatal ultrasound machine to Mount Sinai's Division of Newborn Medicine.

Kern, whose own children benefited from the care they received at Mount Sinai's Neonatal Intensive Care Unit, worked with GE Healthcare to provide the hospital with a the ultrasound at cost, which significantly leveraged the value of the contribution. Kern utilized the proceeds of a GE leadership award he received in January 2007 to purchase the equipment.

Each year, GE gives the award to teams who demonstrate GE's commitment to developing new and innovative products and processes. Traditionally bestowed upon full teams, this year was one of the few times the award was given to an individual, in recognition of Kern's significant contribution to the real estate business. In his role as GE Real Etate's chief investment officer, Kern is responsible for strategic planning at one of the world's largest and most diverse commercial real estate companies.

"I'm deeply honored to help Mount Sinai receive this vital equipment," Kern said. "Through my own family experience, I understand the necessity of having the right technologies and services to support maternal and infant health. I'm also grateful to GE and its healthcare division for having the flexibility and vision help me make this donation. This is truly a demonstration of GE's ability to work seamlessly across business units to find innovative solutions to challenging problems."

Mike Butchko, GE Healthcare's general manager of Sales and Marketing for Diagnostic Ultrasound, said the GE Healthcare team shares Kern's dedication to the issue of infant health and were inspired by his actions.

"We are committed to improving the quality of life for patients and to developing innovative tools for clinicians to better diagnose and treat patients," Butchko said.
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Publication:Real Estate Weekly
Date:Jul 11, 2007
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