President Obama walks off the stage after speaking about the Affordable Care Act during an event in the East Room of the White House on Thursday. Obama argued that the law is holding insurance companies accountable and putting money back into the pockets of consumers.
Companies that make medical equipment operate largely on a supply-and-demand model. Hospitals buy their multimillion- dollar machines, use them for a few years, and then go shopping again. In some cases, manufacturers have designed entire medical systems within a hospital.
Now, in what appears to be a first-of-its-kind partnership in the United States, a tech giant - Royal Philips - and a hospital system in Georgia are sharing financial risk and reward. Jim Burress reports from WABE in Atlanta.