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GE Healthcare Completes Acquisition of IDX Systems Corporation

06 Jan 2006 - GE Healthcare, a unit of General Electric Company, announced the completion of the company's acquisition of IDX Systems Corporation (NASDAQ: IDXC), a leading healthcare information technology (IT) provider. Together, GE Healthcare and IDX will create a healthcare IT vendor with one of the most comprehensive suites of clinical, imaging and business information systems available.
 
GE expects the acquisition to accelerate efforts to seamlessly connect clinicians from physicians' offices to hospitals with comprehensive, enterprise-wide electronic health record (EHR) solutions, creating a digital community that supports safe, efficient and cost-effective patient care.
 
With the completion of the transaction, Vishal Wanchoo, president and CEO of GE Healthcare Information Technologies, will continue to lead GE's IT business. GE's IT business will have its global headquarters in Barrington, Illinois, with major offices in Burlington, Vermont; Boston; Seattle; and London, along with satellite offices both within and outside the United States.