Singapore – General Electric agrees to sell certain information technology assets in its health care business to P-E firm Veritas Capital for $1.05B.
The sale of the revenue cycle, ambulatory care and workforce management software units will enable GE to further revitalize their product portfolio and pursue complementary acquisitions to better serve patients, providers and payers.
The sale furthers CEO John Flannery’s attempts to simplify GE since taking leadership of the company last year.
