GE Healthcare has acquired Caption Health, Inc. The transaction is subject to customary closing conditions. Financial terms of the deal are not being disclosed. GE Healthcare intends to fund this transaction with cash on hand.

Caption Health is a privately owned artificial intelligence (AI) healthcare company that creates clinical applications to aid in early disease detection, using AI to assist in conducting ultrasound scans.

GE Healthcare, a subsidiary of GE, manufactures and distributes diagnostic imaging agents and radiopharmaceuticals for imaging modalities that are used in medical imaging procedures.

According to data captured in the LevinPro HC database, this acquisition represents the 15th Laboratories, MRI and Dialysis transaction of 2023. There were 132 Laboratories, MRI and Dialysis deals reported in 2022.