Veritas Capital to Acquire Revenue-Cycle, Ambulatory Care and Workforce Management Software Unit from GE Healthcare for $1 Billion

Veritas Capital to acquire a GE Healthcare unit for $1 billion

General Electric and Veritas Capital, a leading private equity investment firm, announced today that Veritas will buy GE’s revenue-cycle, ambulatory care and workforce management software unit, which includes the value-based care division.

“Our team has significant knowledge and expertise in the healthcare IT space, and by operating as a standalone business under Veritas’ owndership, we now have the opportunity to further revitalize our product portfolio and pursue complementary acquisitions to better serve patients, providers, and payers,” Jon Zimmerman, vice president and general manager of value-based care solutions at GE Healthcare.

The deal is expected to close in the third quarter. For additional details, please click on the following links:

As soon as the CHUG Board receives any additional information we will be sharing it with you. Please monitor this website, as well as the GE Service Portal, and reach out to your inside sales representatives with questions.

This is an exciting time in healthcare IT, with Veritas standing with us we are confident that Centricity products will now have the support needed to bring us to the next level of healthcare.