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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 ...
GE HealthCare's (GEHC) New Launch to Enhance Precision Care
Zacks Investment Research· 2024-03-04 14:25
GE HealthCare Technologies Inc. (GEHC) recently announced its advancements in its ultrasound business with the launch of its next-level LOGIQ ultrasound portfolio. This includes the new LOGIQ Totus, which highlights the company’s progress in advancing precision care.The LOGIQ E10 Series, LOGIQ Fortis and LOGIQ Totus are currently available in key countries worldwide. GE HealthCare was scheduled to demonstrate the next-generation LOGIQ portfolio at the European Congress of Radiology, held between Feb 28 and ...
Why GE HealthCare Technologies Stock Soared More Than 24% in February
The Motley Fool· 2024-03-04 12:21
Shares in leading healthcare company GE HealthCare Technologies (GEHC 1.58%) soared by 24.4% in February, according to data provided by S&P Global Market Intelligence. There's little doubt over the catalyst for the move; it comes from an excellent earnings report released in the first week of the month.GE HealthCare's growth potentialThe investment case for GE HealthCare is based on the idea that, now that it's a stand-alone company, management is free to realize its full potential. That potential lies in o ...
Here's Why GE HealthCare Technologies (GEHC) is a Strong Value Stock
Zacks Investment Research· 2024-03-01 15:46
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring 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, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Score ...
GE HealthCare Showcases Precision Care with Launch of Elevated LOGIQ Ultrasound System Portfolio at European Congress of Radiology 2024
Businesswire· 2024-02-28 13:00
CHICAGO--(BUSINESS WIRE)--GE HealthCare (Nasdaq: GEHC) today announced its latest innovation in ultrasound with the launch of its next-level LOGIQ ultrasound portfolio—including the new LOGIQ Totus—highlighting the company’s progress in advancing precision care. LOGIQ, is a trusted companion in general ultrasound imaging and has supported clinicians in delivering high-quality, patient-driven innovation for more than 30 years. The elevated LOGIQ portfolio innovative new features and advanced artificial intel ...
GE HealthCare (GEHC), Biofourmis Partner to Boost At-Home Care
Zacks Investment Research· 2024-02-27 17:11
GE HealthCare Technologies Inc. (GEHC) and Biofourmis recently announced their collaboration to boost at-home health care that is easily accessible to assist patients' transitions out of hospitals.As a result of this collaboration, the companies are likely to enable more patients to return home sooner and provide them with a high-quality, at-home alternative to facility-based care, all while promoting healthy behaviors through remote patient management.Price PerformanceFor the past six months, GEHC’s shares ...
GE HealthCare and Biofourmis Collaborate to Extend Patient Monitoring Outside the Hospital with Virtual Care-at-Home Solutions
Prnewswire· 2024-02-26 12:30
Collaboration supports the patient journey across the care continuum and eases transitions and care from the hospital to homeCHICAGO and BOSTON, Feb. 26, 2024 /PRNewswire/ -- GE HealthCare (Nasdaq: GEHC) and Biofourmis have announced a strategic collaboration aimed at enhancing continuity of care by enabling safe, effective, and accessible care in the home to support the patient journey beyond the hospital setting. The collaboration leverages the combined expertise of two market leaders to scale and deliver ...
GE HealthCare's (GEHC) Tie-Up to Improve Care Accessibility
Zacks Investment Research· 2024-02-20 17:31
GE HealthCare Technologies Inc. (GEHC) recently entered a strategic care alliance with OSF HealthCare and Pointcore, Inc. to help increase clinical and operational efficiencies, standardize care delivery models and improve patient outcomes across OSF HealthCare. The tie-up is expected to leverage GE HealthCare’s innovative technology and Pointcore’s experience in managing non-clinical matters for hospitals and clinics.It should be noted that OSF HealthCare is an integrated health system caring for patients ...