GE HealthCare Technologies makes medical imaging equipment, including MRI and CT scanners, ultrasound systems and patient monitoring devices, spun off from General Electric to operate as an independent, publicly traded healthcare technology company. Its imaging equipment is used in hospitals and diagnostic centers worldwide to detect and diagnose a wide range of medical conditions, representing some of the most capital-intensive equipment purchases that healthcare providers make. As a newly independent company separated from GE's broader industrial conglomerate structure, GE HealthCare's results are reported on a standalone basis, tied specifically to healthcare capital spending and diagnostic imaging demand rather than blended with GE's other historical businesses. The company's revenue includes recurring service and maintenance contracts on its installed base of imaging equipment, in addition to the upfront equipment sales, giving it a mix of cyclical capital equipment revenue and steadier recurring service income.