Signify Premium Insight: GE Healthcare’s New Beginning
Published: November 18, 2021
Talk of GE splitting out its healthcare business is nothing new. In 2018, then CEO John Flannery laid out a plan for carving out the conglomerate’s Healthcare unit and establishing it as an independent business. This, he said, would provide the “best environment” for the healthcare business to flourish, and enable it to seek investment and opportunities on its own. Although those plans were shelved with the removal of John Flannery in 2018, the possibilities remain the same. A GE Healthcare unbound by the wider GE enterprise and the hardships it has faced since the 2008 financial crisis is still potent.