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Highlights from the OMTEC® exhibit floor, educational sessions and a variety of networking receptions.

Orthopaedics and the Vampire Economy (Keynote Address from OMTEC 2012 in Chicago, IL)
By Dr. Lee Hieb

Individuals and private corporations, not the government, make the world better. When you're catching flak, it just means you're over the target.

The State of American Medicine If universal healthcare is so great, why are foreign premiers sneaking into the U.S. for care?	Big Government's Argument for Government-run Medicine Big government seeks to increase access to healthcare, increase quality, decrease costs. How does the government do the opposite of this in every sense?

An Environment of Oppressive Taxation and Overregulation Taxation and overregulation are sucking the blood out of the American economy - and out of us.	What are the Symptoms of America's Disease of Decline? General symptoms include under- and unemployment, escalating prices, diminishing middle class.

What are the Economic Signs of America's Disease of Decline? Economic Signs: Criminalization of violators, spending and borrowing, syndicalism, autarky...	What is the Diagnosis? How do we Survive? Filtering these signs and symptoms through the experts, F.A. Hayek, William Welk, and Thomas DiLorenzo, PH.D.

What is the Outcome? What was the outcome of these economic realities?	Conclusions: The Tipping Point Stay lean, mean and able to turn on a dime. Consider the solution of the 3 Cs: Cash, catastrophic insurance and local charity.

To learn more:

Dr. Hieb's blog - Prognosis: Poor - prognosispoor.blogspot.com

The Association of American Physicians and Surgeons
www.aapsonline.org Twitter: @AAPSOnline

The State and Future of the Orthopaedic Industry: A High Altitude View (Opening Panel Discussion from OMTEC 2012 in Chicago, IL)

Moderator: David Floyd, OrthoWorx
Panelists: Bill Plovanic, Canaccord Genuity; Bill Kolter, Biomet Orthopedics; Brian Moore, A Day With A CEO

In response to unresolved challenges facing the orthopaedic industry, the 2012 OMTEC Opening Panel Discussion sought to extract actionable advice and insight from respected industry leaders on how to translate today's issues into relatable language, then prepare to act.

Part 1: Market Growth Rates in Orthopaedics Where do you see the orthopaedic market going from here? Is orthopaedics still a growth story? Is the early intervention space an expanding market?	Part 2: Medical Device Excise Tax Why is the Medical Device Excise Tax bad for the orthopaedic industry? Are the orthopaedic device companies overreacting to the Excise Tax? How will the Medical Device Excise Tax affect smaller companies?

Part 3: Trends in Innovation and R&D Investment What are the trends in R&D investment with orthopaedic companies? Are today's hip and knee replacements good enough?	Part 4: Supply Chain Development in Orthopaedics What are the key overall trends for orthopaedic suppliers? Does the volume of inventory that OEM's keep on hand have a direct impact on the supply base? Do offshore manufacturing facilities affect OEM make vs. buy decisions? Does the investment community pay attention tothe supply segment of orthopaedics? Is there a future for small suppliers in orthopaedics?

Part 5: FDA - The Fly in the Ointment Is the FDA in the "denial" business? Is the FDA just in an "anti-industry" phase, or will this trend become the new status quo? What is the impact of regulatory compliance policy on the supply chain?	Part 6: The Orthopaedic Industry in Five Years Imagine we are attending OMTEC 2017 - what one thing in the orthopaedic industry will be most fundamentally changed?

To learn more:

Moderator:
David Floyd, Chief Executive Officer, OrthoWorx

Panelists:
Bill Plovanic, Manging Director - Medical Devices Analyst, Canaccord Genuity
Bill Kolter, Corporate Vice President of Government Affairs and Corporate Communication, Biomet Orthopedics
Brian Moore, Former Chief Executive Officer, Symmetry Medical, Inc. and current CEO of A Day With A CEO

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