News

Veritas Capital to Acquire GE’s Healthcare IT Business

04/9/2018

GE Healthcare has reached an agreement to sell its ambulatory care, revenue cycle and workforce management software businesses to Veritas Capital. Veritas is 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 is a well-capitalized firm with a strong ability to invest for growth. Veritas brings 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. Additionally, they have a strong investment track record of strategically transforming leading companies in the healthcare information technology space.

GE Healthcare and Veritas will work together to ensure a smooth and professional handover after the transaction closes, which is expected in the third quarter.

AllianceChicago will continue “business as usual” and do everything we can to make this transition seamless for our customers. AllianceChicago is committed to keeping you proactively informed and extremely satisfied with our services.

For additional information, visit: https://www.genewsroom.com/press-releases/veritas-capital-acquire-revenue-cycle-ambulatory-care-and-workforce-management