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GE Healthcare said on Thursday it will acquire medical imaging software provider Intelerad for $2.3 billion in cash as the medical device maker seeks to expand into outpatient and ambulatory care markets. Intelerad offers medical imaging software and digital enterprise workflow solutions, and has a significant presence in outpatient ambulatory care settings, that provide medical services without requiring an overnight hospital stay. The deal is expected to be completed in the first half of 2026. Shares of GE Healthcare, whose medical equipment are prominent in hospitals, were down 3% after the bell.