GE HealthCare Technologies (GEHC)

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Earnings Growth & Price Strength Make GE HealthCare Technologies (GEHC) a Stock to Watch
Zacks Investment Research· 2024-03-19 14:31
Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success.The Zacks Premium service, which provides daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter, makes these more manageable goals. All of the features can help you identify what stocks to buy, what to sell, and what ...
GE HealthCare (GEHC) Advances AI Alliance to Improve Workflow
Zacks Investment Research· 2024-03-15 16:16
GE HealthCare Technologies Inc. (GEHC) recently announced plans to evolve its long-term artificial intelligence (AI) partnership with Mass General Brigham’s commercial AI business, Mass General Brigham AI. Through the collaboration, the companies aim to integrate medical imaging foundation models into their AI research work, with a strong focus on responsible AI practices.It is worth mentioning that both organizations have been working closely on AI solutions since announcing their 10-year commitment in 201 ...
GE HealthCare and Hartford HealthCare Renew and Evolve 7-Year Collaboration to Advance Patient Care and Access in Connecticut
Businesswire· 2024-03-14 17:30
HARTFORD, Conn.--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC), a leading global medical technology, pharmaceutical diagnostics, and digital solutions innovator, and Connecticut-based Hartford HealthCare today announced that they have renewed a seven-year collaboration that began in 2016 to now extend through 2030, aiming to advance the healthcare system’s mission to provide personalized coordinated quality care. The Care Alliance strives to assist Hartford HealthCare in increasing access to innovation whil ...
GE HealthCare Establishes the GE HealthCare Foundation
Businesswire· 2024-03-13 13:30
CHICAGO--(BUSINESS WIRE)--Today, GE HealthCare (Nasdaq: GEHC) a leading global medical technology, pharmaceutical diagnostics, and digital solutions innovator, announced the establishment of its philanthropic entity, the GE HealthCare Foundation. The Foundation will operate as a charitable organization, incorporated separately from GE HealthCare, focused on advancing equitable access to precision healthcare. The GE HealthCare Foundation supports nonprofit organizations aimed at making healthcare more acc ...
GE HealthCare Technologies Inc. Prices Upsized Secondary Offering of 14,000,000 Shares
Businesswire· 2024-03-13 02:28
CHICAGO--(BUSINESS WIRE)--GE HealthCare Technologies Inc. (Nasdaq: GEHC) (the “Company” or “GE HealthCare”) announced today the pricing of the previously announced secondary underwritten public offering (the “Offering”) of 14,000,000 shares of its common stock (the “GEHC Shares”). The Offering was upsized from the previously announced offering size of 13,000,000 GEHC Shares. GE HealthCare is not selling any shares of common stock and will not receive any proceeds from the sale of the GEHC Shares in the Offe ...
GE HealthCare and Mass General Brigham Evolve Their AI Collaboration with Medical Imaging Foundation Models
Businesswire· 2024-03-12 13:00
ORLANDO, Fla.--(BUSINESS WIRE)--Based on its long-term artificial intelligence (AI) partnership, GE HealthCare and Mass General Brigham plan to integrate medical imaging foundation models into their AI research work, with a strong focus on responsible AI practices. Both organizations have been working closely on AI solutions since announcing their 10-year commitment in 2017 to explore the use of AI across a broad range of diagnostic and treatment paradigms through sustainable AI development. “The relatio ...
GE HealthCare (GEHC) AI Model to Predict Immunotherapy Response
Zacks Investment Research· 2024-03-11 17:36
GE HealthCare Technologies Inc. (GEHC) announced the publication of data that depicts its artificial intelligence (AI) models’ ability to accurately predict patient responses to immunotherapies.The study collected clinical data to accurately predict the effectiveness and toxicity of cancer immunotherapy. A pan-cancer sample's data revealed that the company’s AI models' accuracy ranged from 70% to 80%.Price PerformanceIn the past six months, GEHC shares have grown 40.9% compared with the industry’s rise of 1 ...
GE HealthCare Technologies' Roar Higher Isn't Over Yet
Seeking Alpha· 2024-03-09 13:35
izusek Late last year, after seeing shares drop relative to the S&P 500, I decided to revisit GE HealthCare Technologies (NASDAQ:GEHC), an entity that was previously spun off from industrial conglomerate General Electric (GE) in early 2023. At that time, I reiterated my ‘strong buy’ rating, which is a rating I assigned companies that I believe should outperform, by a rather meaningful margin, the broader market for the foreseeable future. The company had, up to that point, continued to see attractive re ...
GE HealthCare to Spotlight Industry-Leading AI-Enabled Portfolio and Digital Solutions at HIMSS 2024
Businesswire· 2024-03-07 14:00
ORLANDO, Fla.--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) will showcase its industry-leading portfolio of artificial intelligence (AI)-enabled medical devices and digital solutions in Booth 2500 at the Health Information and Management Systems Society (HIMSS) Global Health Conference and Exhibition in Orlando, FL from March 11-15, 2024. In the U.S., clinicians spend nearly twice as much time working with electronic health records as working with patients.i This challenge is only increasing as healthcare ...
Here's Why This Magnificent Healthcare Stock Is Soaring in 2024
The Motley Fool· 2024-03-06 14:45
GE Healthcare (GEHC 0.53%) had an excellent start to life as a stand-alone company in 2023, and the trend has continued in 2024 with a 15% gain already this year.While it's easy to think of this recent spinoff from General Electric as a mature healthcare business, there is actually an investment case to be made for the company based on its growth opportunities. And it's those opportunities that are leading the stock to outperform.Here's why GE Healthcare is an attractive stock for investors now.GE Healthcar ...