According to Peter Nichol on LinkedIn, “Remember 62% of all personal bankruptcies in the United States are due to healthcare bills and 72% of these people HAD healthcare insurance before bankruptcy.” He was referring to the ever-narrowing margins available to Hospitals to fund new technology, like Medical Imaging Equipment. The gist of it was a question about the wisdom of GE to make Medical Technology one of the three pillars of its new restructure. I wonder if he knows how much GE makes on Medical Imaging Equipment sales in the U.S. It’s huge – about double what it makes elsewhere in the world. That is, unless things have drastically changed since I left in ’06. I doubt it.