Category Archives: Supply Chain tool vendors
Baylor Selects Prodigo Solutions’ eMarketplace
Baylor Health Care System announced today that it has selected Prodigo Solutions to be its e-commerce solution provider. Prodigo’s suite of e-commerce products is competitive with solutions provided by Ariba, BravoSolution, GHX, SciQuest, and the other usual suspects, but unlike most (with GHX being the obvious exception), it does have an exchange offering in the wings. ProdigoExchange competes directly with GHX. The company is banking on its acceptance to propel it to the next level –a level where Prodigo envisions its community of users fully aggregated from a demand perspective, competitively bidding that demand and frankly, operating not unlike a [...]
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GHXcellence Industry Awards Upcoming –Cast your Votes!
The practice of medicine and the politics of healthcare seem joined at the hip these days. Unfortunately, the continuous bickering feeds our collective fatigue with all that’s wrong with the industry. And what could be an easier target for the kind of cynicism I’m talking about than an awards ceremony? Why is it so true that we never seem to grow tired of lists that provide some kind of competitive ranking or for patting ourselves on the back for a job well done? It’s simple: because despite what George Clooney’s smug acceptance speech at last year’s Golden Globes reflected, human [...]
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Banner Health Announces SCM Savings of $226 million
$226 million in realized savings. That’s a big number. Over the last 5 years, Phoenix-based Banner Health and Premier have “gone for it” together and generated the kind of game changing result that frankly, provider CEOs who still don’t get it find hard to believe. So it shouldn’t be much of a wonder that Banner recently re-confirmed its 12-year relationship with Premier. “In our years as an owner of Premier, we’ve been collaborating closely with other alliance members to develop innovative solutions to the challenges being faced in healthcare,” said Peter S. Fine, FACHE, president and CEO of Banner Health. [...]
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ROI Exec talks about “Constructive Dissatisfaction”
For all the right reasons, e-procurement systems continue to gain traction in healthcare. Major providers have not only discovered the obvious benefits of providing an internal shopping experience, but they’re learning about the not-so-obvious ones. They’re learning that comprehensive source-to-settle solutions are an excellent way to drive product and contract compliance; that automating and controlling these processes is one of the best ways to turn identified opportunities into realized savings. Healthcare Matters would like to thank Matthew Mantel of Resource Optimization & Innovation (ROi) for the following guest post. ROI is widely considered one of the more advanced and integrated [...]
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Catholic Health Partners Joins Premier’s Population Health Collaborative (PACT)
Catholic Health Partners (CHP) has joined the Premier healthcare alliance’s population health collaborative. Premier’s PACT™ Population Health Collaborative unites providers engaging in accountable care organizations (ACOs) to share knowledge and best practices, while measuring and benchmarking care with integrated patient data. Current membership includes 79 health systems across 40 states that represent 25 active ACOs. According to the press announcement, “to provide coordinated, accountable care, health systems need a better understanding of patient outcomes and total cost, including care delivered beyond the four walls of the care setting. Providers demonstrating these capabilities today are well on their way to adapting in [...]
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Premier Launches Healthcare Innovators Collaborative
To help life sciences organizations better understand ever-evolving healthcare delivery, measurement, financing and risk, the Premier healthcare alliance has launched the Healthcare Innovators Collaborative. The collaborative shares knowledge from health systems nationwide that are implementing accountable care organizations (ACOs), as well as Premier research on care coordination, new payment models, resource utilization and more. Five pioneering organizations specializing in pharmaceuticals, biotechnology, medical devices, laboratory and more have already joined the collaborative, including: ARUP Laboratories Inc., Salt Lake City; Bayer HealthCare Pharmaceuticals, Inc.; Baxter, Deerfield, Ill.; Eli Lilly and Company, Indianapolis; Integrated Healing Technologies LLC; and Johnson & Johnson Health Care [...]
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Fixing Contracting Process –#1 HIDA Recommendation for Healthcare SCM
The HIDA Educational Foundation today released 15 key recommendations to help supply chain leaders anticipate and respond to trends including declining reimbursements, market consolidation, and healthcare reform. Top recommendations included improving contracting processes to reduce complexity and unproductive costs, linking products to outcomes, and championing data standards. The recommendations resulted from a year-long collaboration between the HIDA Educational Foundation, an affiliate of the Health Industry Distributors Association (HIDA), and McKinsey & Company. The top recommendation, “fix the contracting process,” reflects growing awareness of the unnecessary costs that inefficient and unproductive contracting practices add to all levels of the supply chain. [...]
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GS1 Healthcare US Publishes New Guideline for Pharmaceutical Handling
The GS1 Healthcare U.S. Secure Supply Chain Task Force, consisting of more than 50 members from throughout the supply chain, has developed a guideline to identify and serialize pharmaceutical products using GS1 identification numbers. The guideline titled “Applying GS1 Standards to U.S. Pharmaceutical Supply Chain Business Processes to Support Serialization, Pedigree and Track & Trace” enables pharmaceutical companies to trace the movement of products through the U.S. pharmaceutical supply chain. The guideline focuses primarily on best practices and methodologies for product serialization and sharing pedigree and traceability data to support implementation for pending state regulations. Implementing GS1 Standards will contribute [...]
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This Year’s HIMSS Discussion Priorities –Ovum’s 2013 Take
This coming week, Ovum, an information and communication technologies (ICT) specialized research and consulting firm, will be at the HIMSS conference in New Orleans. Bill Clinton is speaking, as a major activity of the Clinton Foundation is fighting childhood obesity. “Treating and preventing obesity-related diseases requires a profound shift to patient-centric care,” says Charlotte Davies, lead analyst of Ovum’s Healthcare practice. “This is a major strategic shift, and it has become the guiding force of the HIMSS’ agenda. Achieving this requires action across the board; a much more strategic approach to IT and service design, changes in legislation; addressing the [...]
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University Health System Selects MedAssets
MedAssets (NASDAQ: MDAS) today announced that University Health System (UHS), the third largest public health system in Texas, has agreed to a longer-term, multi-year, comprehensive agreement. It’s a reward for a job well-done because to date, MedAssets has already cut $13 million in supply expenses and accelerated an additional $14 million in cash flow, based on its revenue cycle management solutions. “Anticipating the negative financial impact of healthcare reform, University Health System was looking for a single, comprehensive source for a cost-effective suite of data and technology-enabled services to quickly improve our health system’s clinical, operational and financial capabilities,” said [...]
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Insurance Exchange Contracts Getting Awarded –Unfortuantely, No Surprises
Say what you will about “the government takeover of healthcare,” but private companies are building the infrastructure of the online health insurance marketplaces –and winning contracts worth hundreds of millions to do so. Not that I have anything against the following companies that are getting all the business, but let’s hope that the same old names don’t deliver the same old, compromised solutions: Deloitte Consulting, part of the Big Four accounting giant headquartered in New York, won four state contracts to set up the information technology systems at the heart of the marketplaces. Deloitte’s contracts with Connecticut, Kentucky, Rhode Island and [...]
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GHX Calling On Nominees for this Year’s GHXcellence Awards
For the second consecutive year, GHX is inviting its customers to submit nominations for one provider and one supplier organization to receive a GHXcellence Industry Impact Award. New this year, GHX is also inviting nominations for its 2012 GHXcellence Leadership Award, honoring an individual supply chain leader for his/her work in improving the business of healthcare. GHX customers can submit nominations until Friday, March 15 for both the GHXcellence Industry Impact Awards and GHXcellence Leadership Award through an online nomination form. However, voting for the GHXcellence Industry Impact Awards will be opened to all members of the healthcare industry from [...]
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Cardinal To Acquire AssuraMed, Direct-To-Home Distributor for $2.07B
Late last week, Cardinal Health announced plans to acquire privately held AssuraMed, another Ohio-based healthcare concern and leading provider of medical supplies to chronically ill patients in the home. The price? $2.07 billion. The acquisition will be financed with a combination of $1.3 billion in new senior unsecured notes and the remainder in cash. The deal is expected to close by early April this year. “AssuraMed is a natural extension of the Cardinal Health businesses and of our mission to be essential to care. The acquisition of this industry leader allows us to serve the growing number of Americans treated in [...]
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HGPII Releases 7th Annual Report –”GPO State of the Nation”
The Healthcare Group Purchasing Industry Initiative (HGPII) was founded in 2005 as a nonprofit 501(c)(6) organization by the chief executives of nine healthcare group purchasing organizations (GPOs). HGPII’s charter is to remain “a private, voluntary, non-partisan, non-profit organization, dedicated exclusively to transparency of business practices and the promotion of ethics and conduct. It is not a trade organization and does not lobby on behalf of the industry.” Despite common membership, HGPII is distinct from the Healthcare Supply Chain Association (HSCA), formerly known as the Healthcare Industry Group Purchasing Association (HIGPA). HSCA is a broad-based trade association. Just to make sure [...]
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Gag Clauses Have Got To Go
In 2007, the Transparency in Medical Device Pricing Act, federal legislation designed to bring some transparency to device prices, was introduced. The act would have required device manufacturers to regularly report to CMS the mean and median prices for devices –and the information would then be posted on the Internet. It should have put an end to the negotiation advantage –and self-serving mess– the device-makers cleverly engineered for themselves, but nothing ever happened. In most sectors of the economy, technological innovation lowers costs by improving productivity and efficiency. Not so in healthcare. Ironically, although orthopedic and cardiac surgery service lines [...]
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GHX in the News – Derek Smith Named Provider Pro to Know
The editors of Supply & Demand Chain Executive magazine have chosen Derek Smith, newly appointed chief commercial officer for GHX, as a 2013 “Provider Pro to Know” for his work in driving the development of software solutions that create a more connected, efficient and streamlined supply chain infrastructure for the healthcare industry. Honored as a “Provider Pro to Know,” Smith is leading an effort at GHX to address what healthcare providers and suppliers say is one of their biggest challenges – the highly manual, disjointed and duplicative processes surrounding the use of implantable medical devices (e.g. hips, knees, cardiac stents, [...]
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- Healthcare in the Cloud: Forecast Still Hazy : HIMSS 2013: Top Takeaways Gathering Clouds said: [...] to David McCament’s mind, the future of healthcare cloud is not so clear. In a gue... more
- Time Definite Logistics –MNX Expands Global Network and Adds Track & Trace : Daniel said: Everything is very open with a precise description of the issues. It was definitely inform... more
- Varian Runs a “Clinic” in Effective Lobbying –Harry Reid Rides Shotgun : Thomas Finn said: Thanks for your comment Bo. I do not fully comprehend the differences between the two opti... more
- Varian Runs a “Clinic” in Effective Lobbying –Harry Reid Rides Shotgun : Barton 'Bo' Cooke said: Tom, you nailed it. This rider, put in at the last minute and was rushed into the Congres... more
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