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Blood Industry Shrinks


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Interesting article from NYTimes

http://www.nytimes.com/2014/08/23/business/blood-industry-hurt-by-surplus.html?hp&action=click&pgtype=Homepage&version=LargeMediaHeadlineSum&module=photo-spot-region&region=photo-spot&WT.nav=photo-spot&_r=2

Changes in medicine have eliminated the need for millions of blood transfusions, which is good news for patients getting procedures like coronary bypasses and other procedures that once required a lot of blood.

But the trend is wreaking havoc in the blood bank business, forcing a wave of mergers and job cutbacks unlike anything the industry, which became large scale after World War II, has ever seen.

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Now that I think about it... I barely if at all hear of the demand anymore from the RedCross or on TV commercials. I don't even see the "Give Blood" trucks at various events anymore either. The medical places around where I work used to have like 2-3 blood drives on the street a month. I can't even remember the last time they've done one now.

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