Population health IT developer Caradigm named its new CEO on Thursday, promoting its chief technology officer Neal Singh to the executive role.

Singh will take over for Michael Simpson, who has led the company since it was founded as a joint venture by Microsoft and GE four years ago.

Earlier this month, Caradigm became a wholly owned affiliate of GE Healthcare.

After spending more than a decade as general manager of Microsoft Dynamics, Singh joined Caradigm as CTO, leading the companies business strategy, product management and engineering.

"This is an extraordinary time to be in healthcare and I am thrilled that Caradigm has the ability to innovate – hand-in-hand with our customers – to bring new ideas and solutions to the forefront, as the industry shifts to value-based care," said Singh in a statement.

"GE Healthcare is fully committed to supporting Neal and the Caradigm leadership team as they continue to raise the bar for exceeding provider expectations and outcomes in population health," said GE Healthcare Chief Digital Officer Charles Koontz.