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...Interesting, hard to figure out what is going on at first glance....

Hi jck101!

IIRC,MD is somewhat dependent upon the US birth rate, which was negative for 2018 versus 2017, with the decline in US births (-2.3%) the largest decline since at least 2010.....and number of births in MD hospitals decreased by 1.8%. Of course they are also in other areas like neonatology/pediatric cardio/operations and anesthesia, with the former admissions being up slightly (but the average length of stay being down)....and the latter number of cases being down 4.2%. Radiology, however, was up significantly (+13.2% more cases).....but as you pointed out, with lower margins.


Revenue impact-wise, The pediatric area accounts for 47% of sales; Anesthesia for 35%; Radiology for 12%; and Other for 6%.


Cheers!
Murph
BL and MFPP Home Fool
(no MD position)
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