You should have mentioned that $3B of Sales were removed from the $18B ´20 comparison because of the Biopharma sale in 2019. Because of that, your $16B ´10 vs $18B ‘20 is not an Apple-to-Apple comparison.
I think your analysis exponentially increases the value of Immelt's insights -- thank you!
I was wondering if you had any thoughts regarding a keen interest of mine -- cardiothoracic surgery -- and how the profession will survive the increasingly impinging interventional cardiology and interventional electrophysiology procedures.
Kind regards from Melbourne, Australia
Thank you for watching and your question.
In the US, cardiothoracic surgery patient volumes have been scaled back tremendously. Has been happening for decades.
It is likely many patients getting stented who would have done better with CABG.
@@ahealthcarez Thank you very much for your reply! I agree and I think the decline is intuitive. Would you be able to, off the top of your head, point me to some place where I can find industry analysis on specialties like these? I'm a 3rd (out of 5) Australian year medical student trying to pick a specialty. Cardiothoracics is very enticing because I have a strong itch for innovation and industry which there might be more scope for in a 'slowly dying' or 'less busy' specialty like CTS -- I.e. necessity is the mother of innovation.
I've spent all day watching your library of videos. They're fascinating and I've learned a lot!
One your best, Doc! Watch what business model a company is married to is great advice. Common sense and seizing opportunities get railroaded! Value based care may not stand a chance in the real world.
Since you published this video, GE has announced the spin-off of GE Healthcare. Do you think they have a better chance of evolving now that they will be a standalone entity?
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Great video. I would not hire Jeff Immelt to run my neighborhood. Dunkin’ Donuts shop. What a horrible manager.
Great insights from this video. Those lessons learned are certainly applicable for many areas beyond the healthcare industry.
Many thanks for the time spent researching and recording these videos!
Thank you for watching and for your feedback!!