Shocking Statistics

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.

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