Our last investor update dedicated to GE Healthcare, a roughly $17 billion business earning mid-teens margins within GE, was at the Radiological Society of North America (RSNA) trade show about a year ago. With the team back at a virtual RSNA this week, Kieran and I sat down to discuss several topics:
- Healthcare’s experience leading through the pandemic (3:13)
- How COVID-19 is shaping the industry (4:49)
- Team’s approach to M&A (12:06)
- Financial framework, including prospects for growth (15:00)
- Organic margin expansion (19:32)
- Industrial free cash flow generation (26:02)
- Investment (32:40)
As Kieran mentions, Healthcare has shared some exciting updates over the last few weeks—from unveiling new software that uses artificial intelligence to increase the clarity of MR images while cutting down on scan time, to acquiring Prismatic Sensors, maker of breakthrough photon counting CT technology and GE's first acquisition during Larry Culp's tenure. Read about all of Healthcare’s news out of RSNA here.
This is the first time we have shared a video like this through our newsletter, and I'd love to hear what you think.
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