If you are like me, keeping track and making sense of all the zeroes in the millions, billions and trillions of dollars spent on U.S. healthcare is daunting. I first started getting acquainted with difficult to grasp numbers when discussing the national debt in an economics class years ago. Trillions of dollars are big, but how big, really?
Now, some years down the road and a member of the producing class we so assiduously studied in those classes, I still have trouble putting really large numbers into context. They are important to understand because we see them before us every single day—in the newspapers, on TV, on the Internet.
Annual U.S. healthcare expenditures are staggering—over $3 trillion annually. To help put this and other gigantic numbers into context, I have done some investigating to bring their comparative size into clearer focus.
The difference between the zeroes attached to $10, $100, $1,000, $10,000, $100,000 are easy to see.
But what about $1,000,000? Six zeroes makes a million. A million is one thousand thousands. A million in seconds passed is 12 days ago.
And what about $1 billion? That’s one thousand millions and it has nine zeroes. A billion in seconds passed is 31 years ago.
But a trillion dollars, that’s truly staggering. A trillion has 12 zeroes. A trillion dollars is one thousand billions of dollars. A trillion seconds passed is 31,688 years ago.
So at $3 trillion, we are, indeed, all part of a very large healthcare market.
Which brings me to another important take on these numbers. Are you getting your fair share? When you use the oxygen non-delivery model featuring our OxyGo® and OxyGo FIT™ POCs, the savings to your bottom line can run five zeroes or more over the delivery method.
Let me prove it to you. Email me at dmarquard@applied-inc.com and I will personally send you an easy to use chart. It will allow you to calculate exactly how many zeroes our OxyGo and OxyGo FIT POCs can add to your bottom line. I will be surprised if it’s not a few of them.