General News

Creating GE Healthcare as a Standalone, Pure-Play Company

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On June 26th GE announced plans to separate GE Healthcare to create a standalone company outside of GE.

GE Healthcare has the financial strength, global scale and over 100 years of experience in the healthcare industry to ensure that it is well positioned for this next chapter in the company’s history.

“GE Healthcare’s vision is to drive more individualized, precise and effective patient outcomes. As an independent global healthcare business, we will have greater flexibility to pursue future growth opportunities, react quickly to changes in the industry and invest in innovation. We will build on strong customer demand for integrated precision health solutions and great technology with digital and analytics capabilities as we enter our next chapter,” said Kieran Murphy, president and CEO of GE Healthcare.

John Flannery, chairman and CEO of GE, added, “GE Healthcare is an industry leader with financial strength, global scale and cutting-edge technology.  Our talented Healthcare team will continue delivering precision health solutions, building on our heritage of technology innovation that delivers patient outcomes.”

You can read more about this announcement on: https://www.ge.com/reports/ge-next-chapter-ge-ceo-lays-plans-future-company/

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