Capital equipment manufacturers have no choice to sell and service product. In this case we have a public company going out of their way to take a bigger position in healthcare delivery. If you assume that they are smarter than we are, it sends a good message, that health care is a growth area
In my opinion, this acquisition is great for everyone. It is great for my friend John Vartanian, who is going to take me to a nice dinner and buy me a Rolex watch. It is great for John's customers because they will have access to new services. It is great for Oxford's customers because they now have access to the services of MIR, it is great for the bottom line because they will lower their costs and increase their offering at the same time.
It is great for the industry in general because it creates competition and competition is good for everyone. It drives innovation and it keeps costs in check.
For those of you who may be jealous, do not be. Concentrate on what you can do to provide a better product or service and you too will have the chance to buy me lunch.
Let me know what you think.
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