Category Archives: Uncategorized

FORTUNE Magazine Names Owens & Minor “2014 World’s Most Admired Company”

Owens & Minor, Inc. (NYSE:OMI) announced that it has been named to the “2014 World’s Most Admired Companies” list by FORTUNE magazine. The annual “World’s Most Admired Companies” list measures nine attributes related to financial performance and corporate reputation and is based on company surveys and peer ratings. For 2014, Owens & Minor was ranked fourth in its category, Healthcare Wholesalers. “The selection of Owens & Minor as one of the world’s most admired companies is a direct reflection of the dedication and expertise of our teammates, who serve our healthcare provider and manufacturer customers with great skill every day,” [...]

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VHA Announces Marketing Agreement with Care Logistics

Late Friday, VHA announced an agreement with Care Logistics. Through this agreement, VHA is now offering Care Logistics’ Hospital Operating System (HOS), a logistics-based centralized care coordination model and technology system, to its member hospitals nationwide. The HOS optimizes patient throughput from admissions to discharge, improving care quality and patient satisfaction. The system includes:  Hub-and-Spoke Care Coordination Model, which redefines roles and processes to ensure that everyone providing patient care does the right, most productive things, at the time across all departments Patient Logistics processes and software to help ensure that patients, rooms, beds and transport are always ready Order Logistics, [...]

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GHX Research Respondents Recognize Supply Chain Deficiencies Keeping Hospital Operating Rooms In The “Stone Age”

Despite the fact the healthcare industry is fueled by scientific advancement, too many hospitals find themselves stalled at a crossroads, struggling to embrace business-focused technologies and best practices that will allow them to flourish in the decades to come. This is the troubling picture painted by results of a new independent survey released yesterday by GHX. The GHX survey of hospital senior executives indicates that operating room (OR) supply chain deficiencies have slowed organizational decision-making, increased costs and inefficiency — and ultimately impact the delivery of patient care. (Click here to view survey infographic). “Today there aren’t widely-adopted, end-to-end supply chain management [...]

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No More Delays: ICD 10 Set for October 1, 2014

No more delays. On October 1, 2014, the ICD-9 code sets used to report medical diagnoses and inpatient procedures will be replaced by ICD-10 code sets, as confirmed by Marilyn Tavenner yesterday at HIMMS.  The transition to ICD-10 is required for everyone covered by (HIPAA). FYI, the change from “paper” ICD 9 to “digital” ICD-10 will not affect CPT coding for outpatient procedures and physician services. “There are no more delays and the system will go live on Oct 1. Let’s face it guys, we’ve already delayed it several times and it’s time to move on. It’s a standard in [...]

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Target Angered by P&G’s Inevitable Move to Work Smarter with Amazon

The story behind the latest rift between Procter & Gamble (P&G) and Target, as being reported today by the Wall Street Journal, has its roots in how clever and relentless the category teams at P&G have always been, not that their contemporaries at Target aren’t distinguished in their own right. It’s a simple story, but it’s one that reveals what’s possible when SCM departments (category leaders) are fully empowered. In a cost-cutting move, P&G allowed Amazon to enter its warehouses in October. The arrangement allows both P&G and Amazon to cut costs by shipping products like Pampers diapers directly from [...]

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A New SCM Player: A Successful Collaboration Between Intermountain and Deloitte Creates ConvergeHealth

Deloitte Consulting recently announced the launch of ConvergeHEALTH by Deloitte, a business unit that the press announcement says “supports the data-driven transformation of health care through the application of insights derived from new data, analytics, transformational services and collaborative business models.”  The formation of ConvergeHEALTH is said to be just one part of a $150-200 million investment Deloitte is making in life sciences and health care analytics, which comes at a critical time as health care and life sciences organizations continue to be challenged by, in a word, change. “As a result of the shift towards value-based reimbursement and personalized health care, our [...]

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ROi Continues to Break Traditional Boundaries –Signs its Second South Carolina Provider

Not too long ago, Spartanburg Regional Healthcare System, an integrated healthcare delivery system based in Spartanburg, S.C., signed an agreement with ROi (Resource Optimization & Innovation) for access to ROi’s comprehensive suite of supply chain services. When news of the deal surfaced, industry watchers were overheard saying, ”what’s ROi doing in South Carolina?” Well, just last week, McLeod Health, yet another South Carolina provider, announced that it had also signed with ROi, begging the question, is it something about the water? Obviously, it has everything to do with ROi’s innovative GPO model. ROi was founded in 2002 by Mercy, the nation’s sixth largest Catholic health care [...]

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Premier’s 2nd Quarter Results Reflect Continued Growth in its Non-GPO Business

Since its $760 million IPO last September, Premier’s results continue to reflect growth in its non-GPO business. It’s noteworthy on a couple of fronts: it’s what the company said it wanted to do — to successfully develop its IT services business– and it is directly supportive of Premier’s objective to shatter the traditional GPO mold –with emphasis. The company seems to be moving “there” with deliberate speed. Sales in its performance-services segment, which includes healthcare informatics and advisory services, rose 13% in the six months ended in December, faster than overall company revenue, which rose 11%, and supply-chain services segment [...]

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Prisons, Hospitals and the Politics of Awarding Business

Decisions, decisions, decisions. Even how the State of Illinois buys the snacks, toiletries and other related sundries consumed by its convict population came under fire recently. Local small businesses that realized they were losing the business to a larger regional player made enough of a ruckus to stop the contract award process dead in its tracks and force state procurement officials to re-think their bid award policies. Matt Brown, who oversees contracts for major state agencies, including the Illinois Department of Corrections, issued the “no go” order because just one company appeared set to win the bulk of a $30 [...]

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Another Insurance Exchange Drama –Maryland’s Procurement Process Called into Question

As website debacles go, Maryland’s health insurance exchange isn’t on par with Healthcare.gov –not even close. Nevertheless, Marylanders are angry at how poorly the rollout went and its lawmakers are under increasing pressure to blame someone other than themselves. It’s an election year, so candidates running for office started to poke around the edges, trying to find anything improper they might be able to use. It appears they may have hit the jackpot. For starters, the procurement process governing the selection of contractors to build and support Maryland’s exchange was ad hoc. It was not subject to the state’s established [...]

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GHX Leverages e-Commerce Exchange Connectivity to Accelerate Customers’ UDI Adoption –and Compliance

Healthcare providers aren’t the only industry players obliged to evolve. The first deadline for manufacturers to comply with the U.S. FDA’s Unique Device Identification (UDI) rule is just over eight months away. Yesterday, GHX announced that it will offer a specialized solution that will enable manufacturers to publish data to the FDA’s Global UDI Database (GUDID) through a single connection that can meet a variety of needs, such as synchronizing data with business partners for e-commerce or other purposes.  The GHX UDI solution will enable manufacturers to overcome the technical challenges of publishing product data to the GUDID, while at [...]

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VHA to Extend its Hospital Engagement Network (HEN) through 2014

VHA announced that its Hospital Engagement Network (HEN) will continue its quality improvement efforts to reduce hospital-acquired conditions by 40% and reduce readmissions by 20% for 2014. VHA’s HEN, part of the federal Partnership for Patients initiative, is the third largest in the country and helps its nearly 200 participating hospitals improve in ten areas of focus ranging from falls and surgical site infections to readmissions. According to VHA, its HEN hospitals have, in aggregate, already exceeded the Partnership’s 40% improvement goal in ventilator-associated pneumonia, early elective delivery, and central line-associated blood stream infections and are making strong progress in other areas of focus. [...]

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Advocate and MedAssets Renew Relationship

Late yesterday, MedAssets (NASDAQ: MDAS) announced that Advocate Health Care (Advocate), a 12-hospital, 3,300-bed health system based in the Chicago region renewed its performance improvement relationship with MedAssets. The renewal builds upon Advocate’s recent success in total cost management initiatives including MedAssets Strategic Sourcing, Capital and Construction, Procure-to-Pay solutions and Cost Analytics. “Our health system continues to invest in our partnership with MedAssets to help us control costs and improve quality so that our patients can receive optimal care,” said Tom Lubotsky, vice president, Supply Chain and Clinical Resource Management, Advocate Health Care. “We have truly transformed our organization, moving from traditional methods of improving financial performance to becoming a [...]

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Debating Healthcare Reform is One Thing –Embracing Reimbursement Reform is Another

If it’s not to be believed until it hits your wallet, then 2013 proved to be the real deal for pioneering providers, as performance-based metrics defined by CMS, reached into several adventurous provider pockets. Programs such as the Value-Based Purchasing (VBP) and the Readmissions Reduction Program (RRP) came alive in the last quarter of this year. For those brave enough to test the waters, CMS actually withheld 1% of their reimbursements to create a pool of incentive payments for those that actually meet its new performance standards –a combination of clinical process care quality, patient satisfaction scoring and actual patient [...]

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What Do Manti Te’o and Healthcare.gov Have in Common?

Thomas Finn - December 30, 2013 8:43 AM | Categories: General News and Commentary, Uncategorized

U.S. headlines in 2013 were dominated by the Boston Marathon bombs, Edward Snowden leaking government secrets and the disastrous rollout of Healthcare.gov. Yes, Anthony Wiener’s campaign to become mayor of New York City provided some badly needed comic relief. But when we learned that the former congressman was up to his same old tricks again, this time as “Carlos Danger,” we sadly realized there wouldn’t be another encore. No longer a spectacle, not even a tragic hero, in 2013 Wiener became a side show of such bad taste that his act is no longer legal in most states above the [...]

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2013 a Record Year for Strategic Sourcing Solution Providers in Healthcare

Detroit may have gone broke this year, but not the strategic sourcing optimization tool vendors. For most, 2013 was a breakout year.  If SAP’s acquisition of Ariba in late 2012 wasn’t the icebreaker, it certainly seemed to break the logjam for a number of the more niche oriented solution providers in the SCM world –all of which roared into 2013, never seeming to look back. Simply put, for those who needed to know “what SAP was going to do” before they made any investment decisions, they got their answer. And for those who had hoped to see best in class strategic [...]

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