Category Archives: Supply Chains
Big Data At Its Best: PremierConnect Driving Next Wave For Members
Adventist Health System (Altamonte Springs, Fla.), Adventist Health (Roseville, Ca.), Adventist Healthcare, Gaithersburg, Md.) and Kettering Health Network (Dayton, Oh.) have pooled their $1.5 billion in demand to save money and improve care delivery. These same members had already saved $5.4 million since forming the initiative two years ago –on top of the more than $200 million combined in quality and cost improvement savings they achieved as Premier members over the same period. Obviously, there is nothing new about Premier members forming regional and national SCM collaboratives, but the success of Premier’s PremierConnect information sharing platform is driving these same [...]
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Best of the Healthcare Supply Chain Honored with GHXcellence Awards
Yesterday, GHX today announced the winners of its 13th Annual GHXcellence Awards. The winners were announced yesterday and are being honored at this year’s GHX Healthcare Supply Chain Summit, currently in progress in Las Vegas. New for this year, GHX honored an individual supply chain leader for work in improving the business of healthcare with its GHXcellence Leadership Award. In early 2013, GHX called on its community to submit nominations for the award and then invited the entire healthcare industry to vote for the winner. This year’s winner is: GHXcellence Leadership Award: Réginé Honoré Villain, corporate director of Supply Chain [...]
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WalMart Will Transform Healthcare –Not a Question of “If” or “When,” but “Where”
At a recent healthcare conference, Marcus Osborne, Walmart’s vp for health and wellness joked with his audience suggesting that he didn’t even know why he was invited: “After all, Wal-Mart’s in retail, we’re not in health care.” The crowd responded with polite, but uncomfortable chuckles. I recently read a post in The Healthcare Blog written by Dan Diamond entitled, “Wal-Mart Could Transform Care –But Does It Want To?” I have to admit that my reaction was decidedly more visceral. In fact, I found myself having fun with imagining different titles for Dan’s post: “Walmart will Transform Care –Because It Can,” [...]
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RAND Report Highlights Cost Savings Opportunity: ER Admissions Standards
With so much attention being paid to value based purchasing and the perfect, paperless order and payment process, it’s not a bad idea to remind ourselves of the role physicians play in shaping patient demand –and the impact their decisions have on any/all hospital cost savings initiatives. As the industry moves to eliminate variance in all of its forms, it is becoming clear that establishing and enforcing a more enlightened admission standard needs to become a much higher priority. Consider this: despite the fact that emergency room physicians account for only 4% of all hospital physicians, their decisions account for [...]
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Efficiency vs. Effectiveness: Are We Reaching a Tipping Point?
On my way back from Pittsburgh yesterday, where it actually snowed on Mother’s Day, I had the pleasure of speaking with Paul Martyn, BravoSolution’s vp of supply chain strategy and a previous colleague of mine at CombineNet. Naturally, we quickly found ourselves discussing the current “state of the nation” in all matters concerning healthcare supply chain. Whether or not this is a sad commentary on the state of our relationship is a separate topic. Anyway, we actually landed in a few interesting and provocative places –and here’s an example: Raise your hand if your tired of an SCM strategy that [...]
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What A Hospital Charges Vs. What Medicare Pays — Yet Another Case for Pricing Transparency
According to “A Study of Hospital Charge Setting Practices” by the Lewin Group, “the Medicare Payment Advisory Commission (MedPAC) has expressed concerns about the accuracy and fairness of the current Medicare hospital in- and out-patient prospective payment systems (PPSs). Payment rates for these systems are based, to varying degrees, on hospital charges. However, little is known about how hospitals set their charges.” Really? Isn’t it getting old. Why the “shell game” with hospital charges? Charging everyone the same published price –a la Walmart—is exactly what Walmart will do at thousands of outpatient clinics, so saying it can’t be done is, [...]
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GHX Announces Industry’s First Implantable Devices SCM Solution –First Looks at This Year’s Supply Chain Summit
GHX today announced the release of Case XpertSM and Order IntelligenceSM, two components of a solution that the company bills as the healthcare industry’s first end-to-end supply chain solution for managing and tracking implantable medical devices –including the physician preference items (PPI) used in the OR. Case Xpert and Order Intelligence are among the first in a series of GHX solutions designed to address the estimated $5 billion in revenue losses currently recorded every year by healthcare providers and manufacturers due to the lack of automation and process efficiency for these devices. Case Xpert captures and shares data from case [...]
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Procurement is a Team Sport –But Measuring Individual Performance is Still Key
Throughout the industry, procurement, sourcing and supply chain management software and services spending continues to grow at an astonishing rate — up by more than 30%. The profession(s) continues to advance by most every measure. And while executive “dashboards” of all types continue to proliferate and keep the C-Suite’s appetite for performance metrics fully satiated, has the procurement profession reached a point where it can be trusted to define those metrics and/or measure the value of its own performance? As procurement becomes increasingly responsible for non-traditional areas of spend, its organizational importance will continue to soar. But cost control is [...]
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Why ACO’s Won’t Fail — A Contrarian View?
Will ACOs succeed? Well, if you put a lot of weight behind what the industry’s “commentariat” are saying, you would be hard pressed to place a positive bet. I recently ran across a post by Les Funtleyder, the managing director of Poliwogg, where he took a contrarian view and gave reasons why ACOs will not fail. Here are some excerpts: When ACOs are touted as a saving grace for the system, you can almost hear the collective groan of the industry veterans. Ever the contrarian, however, we took the side of the debate that said ACOs will NOT fail. The [...]
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Inbound Logistics Reveals Top 100 Logistics SCM Technology Providers
An Inbound Logistics magazine survey of approximately 300 logistics and supply chain technology vendors reveals that supply chain managers have more technology tools and delivery methods at their disposal than ever before, making it vital that they select the right solution and provider for their business logistics needs. The study also identifies a new trend: companies are buying technology through their third-party logistics (3PL) providers, as well as directly from solutions vendors. The new market research shows cloud computing has opened new ways for logistics managers to deploy best-of-breed solutions. Variable cost and deployment models make initial technology investments more [...]
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MHA Acquired by Roper Industries
Managed Health Care Associates, Inc. (“MHA”), a diversified health care services and technology company focused on alternate site providers has been acquired by Roper Industries. MHA provides expertise in Group Purchasing, Managed Care and Payer Contracting, Reimbursement Management, Specialty Pharmacy Solutions, Pharmaceutical Data Analytics, Clinical Pharmacy Software and Legislative Advocacy. Roper Industries is also a well-diversified company and is a constituent of the S&P 500, Fortune 1000, and the Russell 1000 indices. Among other things, Roper provides engineered products and solutions for global niche markets, including software information networks, medical, water, energy, and transportation. Going forward, the MHA will be [...]
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Novation Dishing Out The Awards at its Annual Supplier Summit
Novation recognized 22 suppliers yesterday at its annual Supplier Summit. These awards were given in recognition of the winners’ superior service provided to the health care organization members of VHA, UHC and Children’s Hospital Association. In addition, Novation also honored an overall supplier of the year with its second annual Mark McKenna award. Mark McKenna served as the president and CEO of Novation from 1999 through 2006. He passed away in October of 2011 after a lengthy battle with cancer. By honoring the overall supplier of 2012 who demonstrated outstanding service, this award continues McKenna’s legacy of putting hospitals and [...]
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A New IDN is Born: Allegheny Health Network Gains Regulatory Approval in Pennsylvania
What’s in a name? Highmark today announced the creation of Allegheny Health Network (AHN) as the region’s newest integrated delivery system. Having finally secured approval from the Pennsylvania Insurance Department on Highmark’s Form A filing, the hospitals and providers of West Penn Allegheny Health System (WPAHS) will now serve as the anchor of the newly formed and already growing Allegheny Health Network. “Today marks a historic and exciting day for health care in our region. I’m pleased to announce Allegheny Health Network as our integrated health care delivery network,” said William Winkenwerder, Jr., M.D., Highmark’s president and CEO. “Allegheny Health [...]
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Adverse Effects of Hormonal Contraceptives Now On the Docket
I received a note over the weekend from Eric Burns, the immediate past president of Media Matters for America. Along with Karl Frisch, a former communications director, they launched a new company called Bullfight Strategies –and their business is good. The company was founded with a goal to empower clients “to win in the media arena.” It does so by focusing on the right kinds of rapid response narrative, fully conditioned to take advantage of what has become known as “the 15 minute news cycle.” Eric wanted to make sure that Healthcare Matters’ readers were aware of the latest developments [...]
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Branding Your Approach To Sourcing and Negotiations
Late last year I interviewed Jeff Ryan of BravoSolution, a veteran of our industry and a genuine expert in the application of optimization to sourcing. Briefly, Jeff made a point in our discussion (I’m paraphrasing) that “there was no room for reverse auctions in a collaborative approach to sourcing.” And while I agree with him, it’s important to note that Jeff wasn’t saying that reverse auctions are bad or have outlived their usefulness. The point is, they do have their place; just not in supplier markets where your ability to realize full value potential requires a partnership. But it’s even [...]
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UPS Laser-Focused on Healthcare Supply Chain –Investors Already Seeing the Pay Off
In case you haven’t heard, UPS is making it crystal clear that it intends to dominate in the healthcare marketplace. It’s a $50 billion global market and when you consider the down turn in traditional business demand for overnight shipping services, both UPS and FedEx have set their sights on a marketplace –the medical cargo marketplace—that is projected to grow at a rate of 20% annually. “Both companies have more than doubled their dedicated health-care storage and handling space in the past five years to take advantage of a business with potential operating margins of 15 percent or higher, dwarfing [...]
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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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