GE replaces Flannery as CEO, names former Danaher chief to role

GE also announced it "will fall short of previously indicated guidance for free cash flow and (earnings per share) for 2018," and expects to take a non-cash goodwill impairment charge related to the GE Power business. GE Power’s current goodwill balance is approximately $23 billion and the goodwill impairment charge is likely to constitute substantially [...]

By |2018-10-01T14:01:56+00:00October 1st, 2018|Business|0 Comments

U.S. Hospitals Shut at 30-A-Year Pace, With No End in Sight

Industry M&A may be no savior as the pace of hospital closures, particularly in hard-to-reach rural areas, seems poised to accelerate. Hospitals have been closing at a rate of about 30 a year, according to the American Hospital Association, and patients living far from major cities may be left with even fewer hospital choices as insurers [...]

By |2018-08-22T14:15:46+00:00August 22nd, 2018|Business|0 Comments

Ransomware targets healthcare industry the most: 4 things to know

For the second consecutive year, healthcare was the sector hardest hit by cyberattacks, according to Cylance's 2017 Threat Report released May 1.  In its report, Cylance — a cybersecurity firm that uses artificial intelligence to protect against threats — reviewed attacks that affected its global customer base, which spans multiple industry sectors, in 2017. Read [...]

By |2018-05-07T10:55:09+00:00May 7th, 2018|Business, Regulatory|0 Comments
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