State of the Union Webinar and the Next Phase of Our Transformation04/9/2018
State of the Union Webinar and the Next Phase of Our Transformation
April 4, 2018
Dear Community Health Center Customers:
We are very excited to announce that we are entering into the next phase of our transformation. The Value-Based Care division of GE Healthcare is being acquired by Veritas Capital – a leading private equity firm that invests in companies that provide critical products and services, primarily technology and technology-enabled solutions, to customers worldwide. Veritas has a strong investment track record of strategically transforming leading companies in the healthcare information technology space. The transaction is expected to close third quarter this year.
We cannot overstate how positive we believe this development is for our CHC customers. As part of Veritas, the ambulatory practice solutions, revenue cycle and workforce management software businesses will operate as one standalone business, which will enable us to increase our focus on your success. Our mission and our strategy are unchanged: we are committed to we are committed to collaborating with our customers to reimagine how technology can improve community health. We remain dedicated to helping you to achieve top clinical, financial, and operational outcomes for the benefit of underserved patients in your community.
Veritas has proven very successful in helping businesses like ours reach their full potential and increase value for customers – through investments in technology, infrastructure and people. They are a well-capitalized firm with strong ability to invest for growth, and they bring much more than just capital. They also embody a culture of intense customer focus and a drive for growth through focused R&D and product innovation, as well as a deep understanding of the urgent need to digitalize our healthcare system, as illustrated by its recent investment in Verscend Technologies. Veritas recently acquired the healthcare business of Verisk Analytics, Inc., renamed Verscend Technologies. Under Veritas’ stewardship, the company has increased its emphasis on account management and invested in the development of new products. The combination of these efforts has resulted in significantly improved performance for its customer base. For more information about Veritas, you can visit their website: http://www.veritascapital.com/.
As a valued CHC customer, we would like to reassure you that GE Healthcare and Veritas will be working together to ensure a smooth and professional handover after the transaction closes, which again, is expected in the third quarter. Throughout the process, our focus is to keep you proactively informed and extremely satisfied with our services. We will do everything we can to make this transition seamless for you.
I am certain that you all have many important questions on your mind. We will fully and openly share as many details as we can and answer all of your questions to the best of our ability.
Please join us for the State of the Union where you can learn more about our transition and have an opportunity to ask us questions:
State of the Union Webinar
For Centricity™ Practice Solution, Centricity EMR, and
Community Health Solution Customers
April 20, 2018
12:30PM EDT | 9:30AM PDT
Please also consider joining us at Centricity LIVE, May 16-18 in Las Vegas, where you will be able to connect directly with Value-Based Care and Veritas leadership to get the latest information regarding the transition. The conference will also include a series of breakout sessions designed exclusively for our customers to give you a first-hand look at what’s next on the Project Northstar journey and provide you with tips, strategies and best practices that you can put to immediate use. Register for Centricity LIVE now.
In the meantime, if you have questions about this change, please don’t hesitate to speak to your sales or VAR representative.
Again, we are incredibly excited to share this important news with you, and we look forward to the journey ahead.
Vice President and General Manager, Value Based Care Solutions
Healthcare Digital, GE Healthcare