#4 Vendor in 2007 revenue: GE

June 24, 2011
The #4 vendor in HIT revenue per HI's "Top 100" list is another missing suspect: GE. Since they acquired IDX's "CareCast" suite a few years ago, they

The #4 vendor in HIT revenue per HI's "Top 100" list is another missing suspect: GE. Since they acquired IDX's "CareCast" suite a few years ago, they have become a "total HIS" vendor, but GE is so big (over $170 Billion in worldwide revenue) that they don't break our minor details like a paltry billion in HIT revenue... CareCast has been renamed "Centricity" and joins several other leading products GE has acquired, such as MedicaLogic's award-winning "Logician" ambulatory EMR. They have a huge R&D project going on at Intermountain Healthcare to integrate and improve these disparate products, and with GE's staggering capital behind them, we guesstimate their annual HIT revenues are at least one billion last year, earning them 4th place behind Siemens. Quite a spate of growth considering their annual HIT revenue in 1996, the first year they joined the HIS chase, was only $27M! As with McKesson, amazing what a few acquisitions can do for you...

Sponsored Recommendations

A Cyber Shield for Healthcare: Exploring HHS's $1.3 Billion Security Initiative

Unlock the Future of Healthcare Cybersecurity with Erik Decker, Co-Chair of the HHS 405(d) workgroup! Don't miss this opportunity to gain invaluable knowledge from a seasoned ...

Enhancing Remote Radiology: How Zero Trust Access Revolutionizes Healthcare Connectivity

This content details how a cloud-enabled zero trust architecture ensures high performance, compliance, and scalability, overcoming the limitations of traditional VPN solutions...

Spotlight on Artificial Intelligence

Unlock the potential of AI in our latest series. Discover how AI is revolutionizing clinical decision support, improving workflow efficiency, and transforming medical documentation...

Beyond the VPN: Zero Trust Access for a Healthcare Hybrid Work Environment

This whitepaper explores how a cloud-enabled zero trust architecture ensures secure, least privileged access to applications, meeting regulatory requirements and enhancing user...