GE HealthCare

GE HealthCare Technologies, Inc.
Company typePublic
IndustryHealthcare
Founded
  • September 28, 1994 (1994-09-28) (as a subsidiary)
  • January 4, 2023 (2023-01-04) (as a standalone company)
HeadquartersHeller International Building,
Chicago, Illinois
,
United States
Area served
Worldwide
Key people
RevenueIncrease US$19.6 billion (2023)
Decrease US$2.4 billion (2023)
Decrease US$1.6 billion (2023)
Total assetsIncrease US$32.5 billion (2023)
Total equityDecrease US$7.2 billion (2023)
Number of employees
c. 51,000 (2023)
ParentGeneral Electric Edit this on Wikidata
Websitegehealthcare.com
Footnotes / references
[1]

GE HealthCare Technologies, Inc.[1] is an American multinational health technology company headquartered in Chicago, Illinois.[2]

The company operates 4 divisions: Medical imaging, which includes molecular imaging, computed tomography, magnetic resonance, women’s health screening and X-ray systems; Ultrasound; Patient Care Solutions, which is focused on remote patient monitoring, anesthesia and respiratory care, diagnostic cardiology, and infant care; and Pharmaceutical Diagnostics, which manufactures contrast agents and radiopharmaceuticals.[1]

The company's primary customers are hospitals and health networks.[3] In 2023, the company received 42% of its revenue in the United States and 13% of its revenue from China, where the company faces increasing competition.[3]

The company operates in more than 100 countries. GE HealthCare has major regional operations in Buc (suburb of Paris), France; Helsinki, Finland; Kraków, Poland; Budapest, Hungary; Yizhuang (suburb of Beijing), China; Hino & Tokyo, Japan, and Bangalore, India. Its biggest R&D center is in Bangalore, India, built at a cost of $50 million.[4]

General Electric completed the corporate spin-off of the company in January 2023.

  1. ^ a b c "GE HealthCare Technologies Inc. Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 6, 2024.
  2. ^ Janssen, Kim (2016-01-11). "GE Healthcare moving headquarters to Chicago from U.K." Chicago Tribune. Retrieved 2017-06-15.
  3. ^ a b Lee, Jay (September 4, 2024). "This Wide-Moat Stock Is Still a Buy Even After Recent Rally". Morningstar, Inc.
  4. ^ "The world turned upside down". The Economist. 15 April 2010.

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