Post by longsuffering on Mar 26, 2020 22:34:40 GMT -5
Horrific. I had three Dr. appointments scheduled and they all called to reschedule for one to two months ahead. I had an eight week follow up x-ray scheduled from cervical disk surgery and the surgeon called yesterday and said the risk of coronavirus by going to the medical facility for the x-ray outweighed the benefit of the x-ray. When I got my reminder call about about five days earlier the staff person emphasized the x-ray was important for the surgeon. The calculous all changed as the outbreak "accelerated" as Andrew Cuomo would say.
Basically, the Federal government had contracted with a small company in California to produce a large supply of new ventilators. As production was about to begin, the small company was bought out by Covidien, a large manufacturer of medical devices, including ventilators. The thinking is that Covidien didn't want this small company producing a ventilator that greatly undercut its pricing, slowed the production effort, and eventually asked the government to terminate the contract, without delivering a single ventilator. After the contract was terminated, Covidien was acquired by Medtronics. The government re-awarded the contract to a Dutch company, with the first batch of ventilators being delivered this summer.
Covidien was an offshoot of Tyco International, which split it off in 2007. Earlier in that decade, the principal officers of Tyco were indicted and prosecuted by the United States, and served jail time. Tyco itself was the result of a massive acquisition spree, and became a conglomerate of conglomerates. IMO, a business model that is impossible to manage.
Post by longsuffering on Mar 29, 2020 15:22:49 GMT -5
I read that story online earlier today. It was long and heartbreaking so I couldn't get through it all. The U.S. is paying for a redundancy of oversight with executive branch department oversight, inspector general oversight and Congressional Committee oversight. They all failed to ensure the job was completed on time and on budget. And now citizens' lungs are failing without that fleet of ventilators.
Post by Pakachoag Phreek on Mar 29, 2020 15:53:40 GMT -5
Covidian and Tyco were, for practical purposes, American companies. (Covidian had its HQ in Ireland, solely for tax purposes). Bringing pharmaceutical manufacturing back to this country may not be the panacea some believe, --if the heads of American companies are pre-disposed toward greed and gilded gilt.