One of the healthier growth areas in the U.S. economy is caring for the sick. In the past 15 years, U.S. hospital admissions have shot up 51% while population has increased only 30%not because more people are getting sick but because more people can afford, or are guaranteed, treatment. In the next ten years some $17 billion will be spent to build, equip and modernize hospitals. Soaring with this increase is American Hospital Supply Corp., whose aggressive acquisitions and imaginative selling have made it by far the biggest of the 600 companies that supply and equip hospitals. Already A.H.S. has...
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