GE to exit healthcare business
- General Electric said it will sell off its $19.1 billion healthcare unit as part of a new plan to refocus the company
- lost its spot on the Dow Jones industrial average
- refocus on power, aviation and renewable energy
- In 2017, GE’s healthcare business posted $19.1 billion in revenue and $3.4 billion in profit, up from $18.3 billion in revenue and $3.2 billion in profit in 2016.
manufactures healthcare diagnostic imaging and clinical services, digital health tools and life sciences products.