Patient Care Solutions saw a YOY change of -13.3% and a net loss of 26 Million (EIBT). GE Healthcare is officially reviewing all strategic options
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@fs Yes a lot of money. Has anyone heard how GE HC plans to deal with PCS. Will beatings continue until morale improves?
@f8 PCS legitimately lost money in Q2.
Be wary of "loss" numbers the talking heads put on PowerPoint presentations. They usually mean the business fell short if its goals, not that it actually lost money. There is a big difference.
As someone with inside knowledge, I can tell you that a herd of Waukesha cast offs stampeded through the place for over the last decade. These people were much better at the image game and protecting their position/salary than product development. I'm not a bit surprised of the sorry state of affairs.