GE HealthCare is merging its imaging and advanced visualization divisions into a new $14.6 billion segment, aiming to create a more cohesive imaging ecosystem from diagnosis to follow-up care. Phil Rackliffe has been appointed as president and CEO of the newly formed Advanced Imaging Solutions, succeeding Roland Rott, who is leaving to pursue other opportunities. This restructuring comes as GE HealthCare reported mixed quarterly earnings and lowered its profit outlook due to challenges such as a supplier recall and rising costs. Despite these issues, the company's Q1 sales rose 7% year over year to $5.1 billion, although its stock fell nearly 13% after the announcement. CEO Peter Arduini emphasized a commitment to innovation to drive future growth.
Thu, 30 Apr 2026 07:00:39 GMT | Radiology Business