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MAKO Surgical AO Message Board

  • newmarkwiz newmarkwiz Feb 21, 2013 3:24 PM Flag

    hospitals budgets under big pressure -- few units

    are sold

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    • Here's that article I mentioned about a hospital in dire straits buying a MAKO. Where there's a will there's a way. 30 sold over the last two quarters.

      Aurora Sinai purchased a MAKO RiO recently (either Q4 or Q1 '13).

      This was their situation as reported on February 26th, 2012 in the Journal Sentinel (WI):

      "Despite growing losses, Aurora Health Care will keep Aurora Sinai Medical Center open and continue to provide the same services, including operating its emergency department at its current capacity.

      "I said that Aurora would find a way to do the right thing, as we have for many years," Nick Turkal, a physician and president and chief executive of Aurora, said in a statement.

      "In recent months, I've reviewed dozens of options for changing Aurora Sinai in a way that meets the community's needs without having Aurora experience unsustainable losses. I rejected a number of plans that helped financially but did not preserve key services."

      Aurora Sinai is one of two hospitals that serve the predominantly low-income neighborhoods in Milwaukee's central city. The other is Wheaton Franciscan Healthcare-St. Joseph.

      Late last year, Aurora said it was looking at various options to stem its losses at the hospital.

      "Aurora has made a very tough decision, at a very tough time, that puts our community first," said Bevan Baker, health commissioner for the City of Milwaukee.

      Aurora Sinai has lost money for more than a decade, with the exception of one year when it basically broke even. But the hospital's losses have soared, going from $1.1 million in 2010 to a projected $20 million in 2011, according to an Aurora estimate last year. Those losses were expected to deepen even further in 2012..."

      Sentiment: Strong Buy

    • Any hospital that wants to be the "LEADING" it now come here hospital/medical group/ortho will have a new MAKO Robot. If you do a little DD, you will know that every ortho has heard of MAKO and would love to have one. What's stopping them? $$$, they have to make sure that they will have enough booked appointments to make this machine pay for itself. We see the uptick in MAKO Robots being sold. When it rains, it will pour. It's starting to trickle right now. Just you wait.

      Sentiment: Strong Buy

    • and how do you know few units sold?

    • I was surprised to see that a hospital that was having huge financial difficulty throughout 2012, planned layoffs, cost-cutting measures etc just bought a MAKO. Obviously, they felt a need whether it was an ROI analysis or pressure from a cross-town rival with a MAKO. I'll see if I can dig up their PR and the article on their troubles.

      Sentiment: Strong Buy