GE to Combine Business Units | GE Healthcare
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Healthcare Company News GE Healthcare GE to Combine Business Units

GE to Combine Business Units

Company News - GE Healthcare
In a move to streamline its operations, GE Healthcare will combine its two main operating units in metropolitan Milwaukee, according to a report from The Business Journal of Milwaukee.

Spokesman Brian McKaig told the publication that as part of the reorganization, the company’s diagnostic imaging business in Waukesha, Wis., will merge with its clinical systems division in Wauwatosa. The new unit will operate as GE Healthcare’s healthcare systems division.

Omar Ishrak, who had served as president and CEO of the clinical systems unit, has been selected to lead the healthcare systems division. Meanwhile, Marc Vachon, president and CEO for the diagnostic-imaging unit, will lead GE Healthcare’s Americas division.

This latest news comes after a December announcement of planned job cuts across the company’s divions. GE has not specified the number of workers affected.

McKaig told the paper that the combination of the diagnostic imaging and clinical systems units will not lead to additional job cuts.

GE Healthcare provides transformational medical technologies and services that are shaping a new age of patient care. Our expertise in medical imaging and information technologies, medical diagnostics, patient monitoring systems, performance improvement, drug discovery, and biopharmaceutical manufacturing technologies is helping clinicians around the world re-imagine new ways to predict, diagnose, inform and treat disease, so their patients can live their lives to the fullest.

Source: http://money.cnn.com/news/newsfeeds/articles/marketwire/0466865.htm