The potential restructuring comes with new CEO John Flannery, who recently said the company’s stronger businesses are being held back by those that “drain investment and management resources without the prospect for a substantial reward,” according to Reuters.
Last year, GE’s healthcare IT drove $18.3 billion in revenue, while its transportation business generated $4.7 billion.
GE declined to comment on the report.
More articles on EHRs:
To keep up with competition, Cerner expands app capabilities
Coalition of specialty societies: Don’t take away MIPS
Shulkin: 2024 may be earliest VA could implement Cerner
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit