GE Healthcare Financial Services Closes $110 Million Deal with Global Healthcare Exchange.CHICAGO -- GE Healthcare GE Healthcare is a $18 billion (USD) unit of General Electric (GE). It employs more than 46,000 people worldwide and is headquartered in Chalfont St. Giles, Buckinghamshire, United Kingdom. GE Healthcare is the first GE business segment headquartered outside the United States. Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. has provided a five-year, $25 million revolver revolver: see small arms. revolver Pistol with a revolving cylinder that provides multishot action. Some early versions, known as pepperboxes, had several barrels, but as early as the 17th century pistols were being made with a revolving chamber to and a six-year, $85 million term loan B to Global Healthcare Exchange (GHX GHX Global Healthcare Exchange GHX Ground Heat Exchanger ), a Westminster, Colo.-based company that provides supply chain management services to increase efficiencies for healthcare buyers and sellers. GHX has used the financing to acquire San Jose-based Neoforma, Inc., which offers similar, yet complementary, products and services designed to improve efficiencies, accuracy and collaboration. The acquisition broadens GHX's customer base to approximately 2,500 acute care hospitals, 800 non-acute facilities and 200 supplier organizations. "GE's loan structure has enabled us to complete an acquisition that will help grow the GHX business by expanding and enhancing the expertise we can provide our customers," said Greg Nash, chief financial officer, GHX. "Throughout the process, GE's team really got to know GHX and helped us identify different options to create a solution that made sense within the scope of our business plan." About GE Healthcare Financial Services GE Healthcare Financial Services is a provider of capital, financial solutions, and related services for the global healthcare market. With over $13 billion of capital committed to the healthcare industry, GE Healthcare Financial Services offers a full range of capabilities from equipment financing and real estate financing to working capital lending Capital lending is the process of a large company, or corporation, offering financing on large "ticket" items to encourage the customer to purchase that item. Many major corporations have set up finance divisions, or subsidiaries, to help the customer purchase their product over , vendor programs, and practice acquisition financing. With its knowledge of all aspects of healthcare from hospitals and long-term care facilities long-term care facility n. See skilled nursing facility. to physicians' practices and life sciences, GE Healthcare Financial Services works with customers to create tailored financial solutions that help them improve their productivity and profitability. For more information, visit www.gehealthcarefinance.com. |
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