GE to spin off its healthcare unit
Healthcare Finance | June 28, 2018
General Electric this week spun off its healthcare business as a separate company, a move that could bolster what has been a bright spot in GE's business portfolio. The company said Kieran Murphy, president, and CEO of GE Healthcare, will continue to lead GE Healthcare as the standalone company. "GE Healthcare's vision is to drive more individualized, precise and effective patient outcomes," Murphy said in a statement. As he sees it, the independence will enable greater flexibility and opportunities for growth and innovation