Immelt said his shortest meeting ever was in 1996 with Judy Faulkner, founder and CEO of Epic, the electronic medical records software company. Immelt was in charge of GE Healthcare at the time, and he drove from his office in the Milwaukee area to Epic’s headquarters near Madison, WI, about 90 minutes west.
Immelt suggested GE and Epic work together, and perhaps GE could acquire parts of Epic’s business, Immelt recalled saying. (GE makes X-ray machines and other medical equipment, but it also sells electronic medical records software.)
“She just said, ‘No, no interest,’” Immelt said. “It was a five-minute meeting.”
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