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September 20, 2017

Sponsored

  • The Power of Overnight in Healthcare
  • PWH partners with Caliper to host leadership forum at the Streamlining Healthcare Conference
  • From the Publisher

  • RepConnect presents new 2-Minute Drill on the Midmark IQvitals Zone Vital Signs Monitor
  • Manufacturer News

  • BD introduces new 6mm pen needle for injection pens
  • Provider Services News

  • HISCI amends bylaws, releases new mission statement
  • Anthem to acquire HealthSun
  • Government News

  • Hospitals groups speak out against new ACA repeal bill
  • Hospital and IDN News

  • Banner Health names Margo Karsten president of Western Division
  • Centegra Health System to lay off 131 employees, outsource another 230 jobs
  • St. Luke's University Health Network to merge with Sacred Heart HealthCare System
  • Healthcare stocks fall as GOP ramps up ACA repeal effort
  • GPO News

  • Intalere signs agreement with DataSolutionsCorp
  • Vizient awards contract to Alcresta Therapeutics Inc
  • Stock Watch

  • Health Stocks
  • Sponsored
    The Power of Overnight in Healthcare
    The just-in-time supply model could help your facility cut costs and keep supplies lean, especially when paired with reliable overnight delivery. To learn more about the advantages and potential disadvantages of JIT, and how next-day delivery works to strengthen this supply model, click here to read Suture Express’s latest blog.
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    PWH partners with Caliper to host leadership forum at the Streamlining Healthcare Conference
    Professional Women in Healthcare (PWH) (Alexandria, VA) partnered with Caliper to host an impactful leadership forum at the Streamlining Healthcare Conference on September 26, 2017 from 1:30-3pm. One of the most difficult roles we have as leaders is learning how to get things done through others. During the interactive session, Karen Triola, who specializes in organizational development with Caliper, will help you explore core leadership essentials, different leadership styles (transactional and transformational), and ways of knowing when and how to adapt your leadership style. Ultimately, your success as a leader will be determined by the results you deliver. Culminate your learning by planning ways to align your leadership efforts with your organization's goals, culture and strategy. We invite you to join us, along with industry leaders, at the Streamlining Healthcare Conference for networking and a dynamic discussion on leadership. Lunch will be provided ahead of time for those interested. The event is open to all registered attendees of the SHC, men and women, members and non-members.
    Click here for more information and to register.
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    From the Publisher
    RepConnect presents new 2-Minute Drill on the Midmark IQvitals Zone Vital Signs Monitor
    Now on RepConnect - a new 2-Minute Drill on the Midmark IQvitals Zone Vital Signs Monitor.

    Click here or log in to the RepConnect app to view the new 2-Minute Drill!
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    Manufacturer News
    BD introduces new 6mm pen needle for injection pens
    BD (Becton, Dickinson and Company) (Franklin Lakes, NJ) introduced the BD Ultra-Fine micro pen needle 6mm x 32G for use with leading pen injection devices. The device is set to begin distribution starting September 2017. The introduction of the new pen needle rounds out the BD Ultra-Fine pen needle portfolio, which now includes 4mm x 32G, 5mm x 31G, 6mm x 32G, 8mm x 31G and 12.7mm x 29G.
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    Provider Services News
    HISCI amends bylaws, releases new mission statement
    Healthcare Industry Supply Chain Institute (HISCI) members voted to amend bylaws that redefine HISCI as a trade organization focused exclusively on representing suppliers, manufacturers, distributors, and service providers within the healthcare industry supply chain. The amended bylaws establish a new advisory board composed of representatives of GPOs, IDNs, RPCs, healthcare providers, and other organizations representing customers in the healthcare supply chain. Previously, only representatives from GPOs served as non-member participants on the HISCI board of directors. Coinciding with the bylaw changes, HISCI unveiled a new mission statement:
    “HISCI is a national trade association representing manufacturers, suppliers and service providers that support the healthcare sector. HISCI advocates on behalf of member companies, conducts research, develops benchmarks and best practices, sponsors events, provides educational programs, creates opportunities for networking, and serves as a voice for all member supplier and service providers.
    “HISCI streamlines the healthcare supply chain by providing a secure forum for members and stakeholders to share insights and develop best practices, thereby improving efficiency, lowering the costs of healthcare, and enhancing the ability of member companies to operate in the healthcare sector.”
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    Anthem to acquire HealthSun
    Anthem Inc (Indianapolis, IN) entered into an agreement to acquire HealthSun, an integrated Medicare Advantage health plan and healthcare delivery network in Florida. HealthSun currently serves approximately 40,000 members through its Medicare Advantage plans in Miami-Dade and Broward counties. HealthSun’s members receive primary care and related services through its integrated network of 19 wholly owned Pasteur and WellMax primary care and specialty centers as well as a complementary network of unaffiliated medical centers. Anthem is acquiring HealthSun from a consortium of investors led by Summit Partners, a global investment firm. Financial terms of the transaction were not disclosed. The acquisition is expected to close by the end of 2017.
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    Government News
    Hospitals groups speak out against new ACA repeal bill
    The American Hospital Association is opposing the GOP’s last-ditch ACA-repeal bill, saying the legislation puts the health coverage of 10 million people at risk. Rick Pollack, the AHA’s president and CEO, said the proposal would ‘erode key protections for patients and consumers and does nothing to stabilize the insurance market now or in the long term.’ The bill has gained momentum in recent days as Republicans face a September 30 deadline to pass ACA repeal through a fast-track process that would allow them to avoid a Democratic filibuster in the Senate. The American Hospital Association fiercely opposed both the House and the Senate’s previous ACA repeal bills. Other groups, such as the American Medical Association and America’s Essential Hospitals, have come out in opposition to the newest bill as well. The Association of American Medical Colleges also panned the bill, sending a letter to all senators urging them to oppose the measure and work in a bipartisan fashion on any healthcare changes.
    Click here to read the full story from The Hill.
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    Hospital and IDN News
    Banner Health names Margo Karsten president of Western Division
    Banner Health (Phoenix, AZ) named Margo Karsten as president of its Western Division, effective January 1, 2018. Karsten currently is CEO of North Colorado Medical Center (Greeley, CO), McKee Medical Center (Loveland, CO), and Banner Fort Collins Medical Center (Fort Collins, CO). She will continue to oversee the three hospitals as CEO in addition to her new role. She succeeds Jim Ferando as Western Division president, who is retiring.
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    Centegra Health System to lay off 131 employees, outsource another 230 jobs
    Centegra Health System (Crystal Lake, IL) plans to lay off 131 employees and outsource another 230 jobs following a year of significant financial losses. The layoffs will affect support and administrative workers. The health system will outsource 230 jobs to nThrive (Alpharetta, GA), which currently runs Centegra's health information department and business office. Centegra reporting an operating loss of $62.3 million for the fiscal year ended June 30. The system said that the losses were largely attributable to the costs of opening its hospital in Huntley, Illinois, a rise in uncompensated care costs and treating more Medicare and Medicaid patients. The system is still working to finalize a partnership agreement with Northwestern Medicine (Chicago, IL). The deal is expected to close in 2018.
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    St. Luke's University Health Network to merge with Sacred Heart HealthCare System
    Sacred Heart HealthCare System (Allentown, PA) plans to merge with St. Luke's University Health Network (Bethlehem, PA), a seven-hospital system. Under the agreement, the combined health network will maintain its nonprofit status. Sacred Heart Hospital will also maintain its Catholic identity. The deal is subject to customary regulatory approval. Officials from both health systems expect to complete the transaction early next year. Earlier this month, St. Luke's unveiled plans to merge with Blue Mountain Health System (Lehighton, PA), a two-hospital system.
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    Healthcare stocks fall as GOP ramps up ACA repeal effort
    Healthcare stocks finished last in the Standard & Poor's 500 on Tuesday as Republicans made yet another effort to repeal and replace the ACA. Sens. Lindsey Graham and Bill Cassidy introduced an ACA-repeal bill September 13 that would eliminate the ACA's employer and individual mandates. It would also roll back Medicaid expansion and end federal premium subsidies, instead distributing the money spent on these programs to states in the form of block grants. The GOP's latest ACA repeal efforts caused iShares U.S. Healthcare Providers to fall more than 2% Tuesday, placing it among the worst performing exchange-traded funds.
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    GPO News
    Intalere signs agreement with DataSolutionsCorp
    Intalere (St. Louis, MO) announced a new agreement for inventory solutions from DataSolutionsCorp (DSC) (Lovingston, VA). Through this agreement Intalere members will receive competitive pricing on DSC’s data-collection practices, inventory value details, and final deliverables that offer key indicators to identify problem areas in the supply chain. DSC provides comparative analysis reports that may show swings in inventory values and where products move between locations. DSC also implements supply chain solutions and controls to reduce risk factors, reduce costs and improve patient care ratings. This contract is currently effective through June 30, 2020.
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    Vizient awards contract to Alcresta Therapeutics Inc
    Vizient Inc (Irving, TX) awarded an Innovative Technology contract to Alcresta Therapeutics Inc (Warren, RI) for RELiZORB (iMMOBILIZED LIPASE) cartridge. The contract is effective September 1, 2017. RELiZORB is an external digestive enzyme cartridge designed to mimic the normal pancreatic function of lipase. RELiZORB is indicated for use in pediatric patients (ages 5 years and above) and adult patients to hydrolyze fats while receiving enteral nutrition.
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    Stock Watch
    Health Stocks

    Quotes last updated at 9/20/2017 10:31:59 AM EST

    SymbolCompanyPriceChangeTrends
    MMM3M COMPANY210.30-3.26Analyze
    ABTABBOTT LABS51.73+0.32Analyze
    ABBVABBVIE INC86.8475+0.4775Analyze
    ALRALERE INC50.55+0.05Analyze
    ABCAMERISOURCEBERGN79.66+0.38Analyze
    BAXBAXTER INTL INC64.135+0.115Analyze
    BDXBECTON DICKINSON192.96-0.04Analyze
    BSXBOSTON SCIENTIFIC28.745+0.055Analyze
    BVXBOVIE MEDICAL CORP3.15+0.02Analyze
    BMYBRISTOL MYERS SQ63.0201+0.0901Analyze
    CMNCANTEL MEDICAL81.14+0.62Analyze
    CAHCARDINAL HEALTH66.85+0.59Analyze
    CPHDCEPHEID52.95+0.00Analyze
    CERNCERNER CORP69.74+0.08Analyze
    CLXCLOROX137.34-0.18Analyze
    CNMDCONMED CORP51.60+0.07Analyze
    BCRCR BARD INC318.29+0.00Analyze
    CRYCRYOLIFE22.05-0.05Analyze
    DHRDANAHER86.95+0.08Analyze
    DVCRDIVERSICARE HEALTHCARE SERVICES10.20+0.00Analyze
    DYIIDYNACQ HEALTHCARE0.026-0.045Analyze
    ESRXEXPRESS SCRIPTS61.51+0.51Analyze
    GEGENERAL ELECTRIC COMPANY24.2799+0.0799Analyze
    HCAHCA77.075+0.775Analyze
    HSTMHEALTHSTREAM INC23.07-0.11Analyze
    HSICHENRY SCHEIN79.49+0.35Analyze
    HRCHILL-ROM HOLDINGS INC73.07+0.26Analyze
    HMSYHMS HOLDINGS19.01-0.01Analyze
    HOLXHOLOGIC INC37.365+0.235Analyze
    ICUIICU MEDICAL182.80+1.05Analyze
    IARTINTEGRA LIFESCIENCES HOLDINGS CORP49.55-0.50Analyze
    JNJJOHNSON & JOHNSON133.78-1.44Analyze
    MASIMASIMO CORP85.7232+0.3732Analyze
    MCKMCKESSON CORP149.0412+0.6712Analyze
    MDASMEDASSETSN/A+0.00Analyze
    MDTMEDTRONIC INC81.10-0.09Analyze
    MMSIMERIT MEDICAL SYSTEMS41.40+0.35Analyze
    MSFTMICROSOFT75.22-0.22Analyze
    MDXGMIMEDX GROUP INC13.33+0.17Analyze
    MYLMYLAN LABS31.53+0.55Analyze
    ^IXICNASDAQ Composite6457.5752-3.7476Analyze
    OMCLOMNICELL48.05-0.05Analyze
    OMIOWENS & MINOR28.77+0.26Analyze
    PHGPHILIPS41.845+0.155Analyze
    PINCPREMIER INC32.28-0.04Analyze
    QDELQUIDEL CORP44.09+0.54Analyze
    ^GSPCS&P 500 Index2506.74+0.09Analyze
    SNNSMITH & NEPHEW36.19-0.08Analyze
    SWKSTANLEY BLACK & DECKER INC150.94-0.31Analyze
    STESTERIS CORP86.89-0.01Analyze
    SYKSTRYKER CORP143.35+0.31Analyze
    SGCSUPERIOR UNIFORM GROUP23.00+0.00Analyze
    TFXTELEFLEX MEDICAL237.49-2.26Analyze
    TMOTHERMO FISHER SCI188.76-0.86Analyze
    ZBHZIMMER BIOMET HOLDINGS115.91+0.43Analyze
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