Delphi Medical Systems is a 400 employee subsidiary of the bankrupt auto parts giant. But the company hopes that it can make some money by getting into the market using some of the technologies that its developed for autos in medical products. For example, its VitalPoint Home system reads a patient's vital signs using data collection methods used to track the vital statistics of vehicles. In addition, the IVantage infusion pump draws on electronic wiring Delphi uses in automotive parts. So far the unit, part of the $2.4 billion consumer products group, is tiny in comparison to the rest of Delphi's business--which, ironically, is bankrupt because of the rise in medical costs for its workers. It's technology like the products they are making which is behind the fast rise in medical costs.
- see this article from The Detroit News