10 Trending AI Health Stocks

7. GE HealthCare Technologies Inc. (NASDAQ:GEHC)

Number of Hedge Fund Holders: 49

GE HealthCare Technologies Inc. (NASDAQ:GEHC) leverages AI in medical imaging, diagnostics, and patient monitoring. Their Edison platform, a prominent AI-driven tool, enhances diagnostic imaging and helps optimize clinical workflows, making diagnoses faster and more accurate. AI is central to the company’s strategy of integrating technology across its product portfolio, especially in areas like radiology and cardiology.

In 2023, GE HealthCare Technologies Inc. (NASDAQ:GEHC) saw a 7% increase in total revenue, reaching $19.6 billion. Much of this growth is attributed to their AI-driven innovations in imaging and diagnostics, with tools like Edison True PACS improving radiologist efficiency. As healthcare facilities demand more accurate and efficient diagnostic tools, GE’s AI products have driven both operational efficiencies and revenue gains. Their success in AI integration is reflected in increased sales of AI-enhanced imaging systems and diagnostic tools.