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Is the sky falling?

by Philip F. Jacobus, CEO | January 30, 2012
Don Bogutski of Diagnostix Plus
The other day, I had dinner with Don Bogutski. Don is an old friend of mine and we have seen the industry expand and contract a lot in the last 30 years.

We have always shared the opinion that health care is really a recession-proof industry. But this week Don expressed concern to me about the future.

There is less new equipment and there is less used equipment. Because hospitals are buying less new equipment, there is less used equipment on the market.

Because there is less used equipment on the market, it is harder to find parts, which means keeping equipment operational is harder and costs more.

There are more consolidations, and more and more free-standing imaging centers are either going out of business or being absorbed by the local hospital.

Don suggested that only those companies that know how to operate efficiently and without making mistakes are likely to survive.

I thought back about how much easier it was to operate in the 80s than it is now and I wonder if Don is right. I am hoping things turn around and crossing my fingers.

If any of you have any opinion on this subject, I would love to hear it.

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About Phil Jacobus

Phil Jacobus has been involved in health care since 1977, when he visited China to sell equipment. He has done business in 35 countries and still travels extensively. Phil is active in charity, helps rural clinics and always tries to help DOTmed users when he can.

Phil is a member of AHRA, HFMA, AAMI and the Cryogenic Society of America. He has contributed to a number of magazines and journals and has addressed trade groups.

Phil's proudest achievement is that he has been happily married to his wife Barbara since 1989, who helped him found DOTmed in 1998.

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