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June 22, 2018

From the Publisher

  • Have We Forgotten About Total Cost of Ownership?
  • From ANAE

  • National Accounts Weekly: Month in Review - May 2018
  • Distributor News

  • Owens & Minor names new EVP, operations & supply chain - global solutions
  • Manufacturer News

  • Medtronic announces second Bone Cement solution indicated for treating sacral fractures
  • Tips for Greater Success

  • Be Willing To Do More
  • Hospital and IDN News

  • St. Vincent Health lays off another 85 employees
  • GPO News

  • Premier Inc announces winners of 2018 Premier Breakthrough Awards
  • University Hospitals wins 2018 Premier Alliance Excellence Award
  • News of the Weird

  • Bank robbery suspect gives ID, makes easy pickings for police
  • Slow farm tractor flees police, setting off low-speed chase
  • From the Publisher
    Have We Forgotten About Total Cost of Ownership?






    John Pritchard
    , publisher of The Journal of Healthcare Contracting, sat down for a Q&A with Joe Walsh and Curtis McEntire to get their perspectives on the healthcare supply chain, particularly around asset disposition. Click here to see the informative interview!
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    From ANAE
    National Accounts Weekly: Month in Review - May 2018

    A quick review of the top stories of May 2018 from National Accounts Weekly is now available! Click here or on the video link above!
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    Distributor News
    Owens & Minor names new EVP, operations & supply chain - global solutions
    Owens & Minor Inc (Richmond, VA) named Timothy P. Connolly as EVP, operations & supply chain - global solutions, effective June 25, 2018. Connolly will lead the operations of Owens & Minor’s distribution and supply chain network. Most recently, Connolly was SVP, operations, for Uline, an independent distribution company. Prior to Uline, Connolly rose through the executive leadership ranks of Essendant (formerly United Stationers Supply Co.), a wholesale distribution company.
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    Manufacturer News
    Medtronic announces second Bone Cement solution indicated for treating sacral fractures
    Medtronic plc (Dublin, Ireland) received FDA 510(k) clearance of Kyphon HV-R Bone Cement for fixation of pathological fractures of the sacral vertebral body (or ala) using sacral vertebroplasty or sacroplasty. Kyphon Xpede Bone Cement and Kyphon HV-R Bone Cement are indicated for the treatment of pathological fractures of the vertebral body due to osteoporosis, cancer, or benign lesions using a cementoplasty procedure. It is also indicated for the fixation of pathological fractures of the sacral vertebral body or ala using sacral vertebroplasty or sacroplasty. Cancer includes multiple myeloma and metastatic lesions, including those arising from breast or lung cancer, or lymphoma. Benign lesions include hemangioma and giant cell tumor. Pathologic fracture may include a symptomatic microfracture (as documented by appropriate imaging and/or presence of a lytic lesion) without obvious loss of vertebral body height.
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    Tips for Greater Success
    Be Willing To Do More
    In this week’s Tips for Greater Success, Dan Nielsen, founder of AmericasHealthcareLeaders.com and NIHCL.com, writes, "Ambition, initiative, strong work ethic… all these traits have served me extremely well throughout my career, but particularly well early in my career when I was a young, up-and-coming healthcare leader.
    "From my youth I have been a hard worker, determined to do well, full of ambition, and eager to please. While in college I worked a paper route that ultimately became a 55-mile motor route that I traveled twice a day, six days a week and once on Sundays. I later became a spot welder on the graveyard shift at Western Electric, manufacturing coin telephones. I finished my college career as a classical and flamenco guitar teacher with seventy students per week.
    "After college my work ethic and ambition didn’t wane. I went on to grad school and after that an administrative residency, followed by..." (click here to continue reading this week's Tips.)
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    Hospital and IDN News
    St. Vincent Health lays off another 85 employees
    St. Vincent Health (Indianapolis, IN), part of Ascension (St. Louis, MO), laid off another 85 employees as it works toward efficiency amid a changing healthcare environment. In a statement released by the health system, St. Vincent does not specify the positions or locations affected by the layoffs. St. Vincent attributed the layoffs to changes in the healthcare industry and their effects. The layoffs are the most recent workforce reduction by St. Vincent. Earlier this year, the health system laid off 75 employees, including nurses, tech workers and support staff. In 2017 it laid off more than 100 employees, including patient-access representatives and insurance specialists.
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    GPO News
    Premier Inc announces winners of 2018 Premier Breakthrough Awards
    Premier Inc (Charlotte, NC) recognized member hospitals and health systems for their outstanding work to improve healthcare quality and costs. Winners were announced during several awards ceremonies held at Premier’s annual Breakthroughs Conference and Exhibition in Nashville, Tennessee on June 20 and 21. The awards included:
    - ASCEND Peak Performance Award
    - Alternate Site Sponsor Award
    - Culinary Cup Award
    - Supplier Diversity Award
    - Illuminating Excellence Award
    - Supply Chain Innovation Award
    - Supply Chain Excellence Award
    More information about the 2018 Premier Breakthroughs Awards and recipients can be found here.
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    University Hospitals wins 2018 Premier Alliance Excellence Award
    Premier Inc (Charlotte, NC) named University Hospitals (UH) (Cleveland, OH) the winner of the 2018 Richard A. Norling Premier Alliance Excellence Award. UH, an integrated academic health system in northern Ohio, combines a network of 18 hospitals, more than 50 outpatient health centers and 200 physician offices. It won the annual award for exemplifying the highest level of industry innovation and advancements in delivering high-quality, cost-effective care. The health system was selected from Premier’s nationwide alliance of approximately 3,900 U.S. hospitals and 150,000 other provider organizations. UH has been a member of Premier for nearly 14 years. In doing so, UH saved more than $165 million in 2017 by leveraging Premier’s group purchasing organization and cost management consulting services. It also lowered sepsis mortalities by 38% – saving 183 lives in 2017 alone – by leveraging the PremierConnect performance improvement platform. Additionally, the health system has achieved nearly half a million dollars in savings on total joint replacement surgeries in the BPCI (Bundled Payments for Care Improvement) initiative as a member of Premier’s Bundled Payment Collaborative.
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    News of the Weird
    Bank robbery suspect gives ID, makes easy pickings for police
    Police say a quick-thinking bank teller in Ohio convinced a suspected robber to hand over his own license. Authorities say the man walked into a Huntington Bank in Columbus on June 4 and gave the teller a note saying he was armed and demanding money. The teller gave the man a stack of cash, but then he demanded more money from the electronic cash recycle machine in the bank's lobby. Police say the teller told the man the machine needed a driver's license to dispense cash, so the man handed his own license over. The license led police to the 51-year-old man who was arrested June 15 and charged with aggravated robbery and threatening with a deadly weapon.
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    Slow farm tractor flees police, setting off low-speed chase
    Police say a slow-moving farm tractor that fled a traffic stop in Maine led police on a nearly 3-mile, low speed chase. Police Sgt. Nelson Feero Jr. says a Brewer police officer pulled over the tractor Tuesday morning after he saw it knock over a series of traffic cones in a construction zone. Local news reports the 41-year-old driver got back in the tractor during the stop and "took off" — leading police officers on a slow 3-mile chase toward Eddington. The farm tractor was hauling a large piece of machinery during the low-speed chase. Police say the driver is charged with failing to stop for a police officer and driving to endanger.
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