Prospects for GE’s Spun-off Health Unit Said to be Strong in in HealthData Management

Steve Holloway headshot
Steve Holloway
Published: June 26, 2018 In The News

26th June 2018 – Featured in HealthData Managememt – GE officials presented a bright future for GE Healthcare when they announced on Tuesday that the medical equipment unit will be spun off in a major corporate restructuring.

The health business, which last year reported more than $19 billion in revenues and posted 5 percent revenue growth and 9 percent segment profit growth, provides medical imaging, monitoring, bio-manufacturing and cell therapy technology to hospitals as well as laboratory supplies to biotech firms.

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