You are currently viewing SemiWiki as a guest which gives you limited access to the site. To view blog comments and experience other SemiWiki features you must be a registered member. Registration is fast, simple, and absolutely free so please, join our community today!
China is using tech to advance their medical in quality and drastically lower costs. With highly inefficient and low quality medical in the US taking twenty cents of every dollar, China can use advanced medical to give their economy a dramatic cost advantage over the US. Until the high cost, low quality medical US establishment is brought into the modern age in efficiency and cost control the Chinese will have an ever-larger advantage as they use and adapt modern technology and management methods to give them an ever-larger economic advantage over all our industries. This I have published in Barron's over a year ago and it took six weeks for Barron's to approve it. Inefficiency and waste is built into medical in almost every facet. The US ranked 37th in quality until my Barron's piece was approved and they scrubbed to web to show the US is in the top ten and not actually the 37th the US really is.
