GE HealthCare Technologies Inc.
American healthcare technology company spun off from General Electric in 2023, known for medical imaging, diagnostics, and healthcare IT solutions, headquartered in Chicago, Illinois.
Company Type
public
Founded
2023
Headquarters
Chicago, Illinois, USA
Stock
Nasdaq: GEHC
Revenue
approximately $19.6 billion (FY2024)
Employees
approximately 50,000
Primary Market
Global
About GE HealthCare Technologies Inc.
American healthcare technology company spun off from General Electric in 2023, known for medical imaging, diagnostics, and healthcare IT solutions, headquartered in Chicago, Illinois.
History of GE HealthCare Technologies Inc.
GE HealthCare was formed in 2023 through the spinoff of General Electric's healthcare division. General Electric had built a significant healthcare business over several decades, developing medical imaging, diagnostics, and healthcare IT products. The spinoff created an independent publicly traded company focused on healthcare technology.
The healthcare division that became GE HealthCare had a long history under GE ownership. GE had developed leading positions in medical imaging including MRI, CT, and ultrasound systems. The company had also built strong capabilities in diagnostics and healthcare IT. The healthcare division was a significant part of GE's portfolio with approximately $19 billion in annual revenue.
Following the spinoff in 2023, GE HealthCare focused on operating as an independent company. The company established its own board of directors and management team. GE HealthCare has invested in innovation and digital health to drive growth. The company has also expanded its presence in emerging markets to capture growth opportunities.
Recent strategic direction has focused on digital health and precision healthcare. GE HealthCare has invested in artificial intelligence for medical imaging and healthcare IT solutions. The company has also focused on precision healthcare to enable personalized medicine. GE HealthCare continues to innovate in medical imaging and diagnostics to maintain its market leadership.
Brands Owned by GE HealthCare Technologies Inc.
GE HealthCare Technologies Inc. owns 1 brand in our database.
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