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August 16, 2017

From Repertoire Magazine

  • Join Repertoire Magazine and Provista for a networking mixer at the Irvine Marriott in Irvine, CA on August 17!
  • Hospital and IDN News

  • University Health System partners with Premier Inc
  • Chinese billionaire once again increases stake in CHS
  • Indiana University Health to build $340M hospital and academic center
  • Healthcare IT News

  • Management Health Solutions names new VP of clinical informatics
  • GPO News

  • Premier statement on changes to CJR, cancellation of EPM, CR payment models
  • SR Scales selected by MAGNET GROUP as approved supplier
  • Stock Watch

  • Health Stocks
  • From Repertoire Magazine
    Join Repertoire Magazine and Provista for a networking mixer at the Irvine Marriott in Irvine, CA on August 17!
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    Hospital and IDN News
    University Health System partners with Premier Inc
    University Health System (UHS) (San Antonio, TX) chose Premier Inc (Charlotte, NC) to provide broad-based supply chain, clinical and financial analytics, and services. UHS is a nationally-recognized teaching hospital and network of outpatient healthcare centers in San Antonio. UHS signed a multi-year agreement for access to Premier’s enterprise-wide services, including supply chain and group purchasing services, as well as the PremierConnect performance improvement platform to clinically integrate and optimize care-delivery practices. It will also use integrated clinical, financial, and outcomes data-management analytics to view information on utilization and variation, compare effectiveness, and prioritize areas of improvement. This includes Premier’s clinician performance management solution to track and benchmark clinical outcomes and forecast the potential financial impact of future reimbursements. The financial terms of the agreement were not disclosed.
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    Chinese billionaire once again increases stake in CHS
    Chinese billionaire Tianqiao Chen has a 22.1% stake in Community Health Systems (CHS) (Franklin, TN) after buying nearly 9.8 million more shares of the company. Prior to purchasing the additional shares, Chen and his companies had a nearly 13.8% stake in CHS. Chen and his group of companies paid a total of $71 million to gain the additional shares.
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    Indiana University Health to build $340M hospital and academic center
    Indiana University Health's (Indianapolis) board of trustees approved the design and location for a new $340 million hospital and academic center. The project will include a 620,000-square-foot hospital in Bloomington, Indiana and a 115,000-square-foot academic facility. The new hospital will offer inpatient care and outpatient services and replace an older facility about five miles away.
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    Healthcare IT News
    Management Health Solutions names new VP of clinical informatics
    Management Health Solutions Inc (MHS) (Stratford, CT) announced that William Spock joined the executive team as VP of clinical informatics. In this new role, Spock will help guide product development, customer implementation, and industry research in connection with MHS' Case Cost 360T and related analytics solutions designed to maximize surgical profitability.
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    GPO News
    Premier statement on changes to CJR, cancellation of EPM, CR payment models
    "While we appreciate CMS making an effort to address stakeholder concerns about large-scale mandatory models, we are disappointed with the proposal to cancel EPM and CR models without offering alternatives to replace them. We believe CMS needs to be a strong leader and create more incentives for providers to move to advanced alternative payment models, including bundled payment. We hope that the promise for a future program that builds on the Bundled Payments for Care Improvement (BPCI) program is quickly followed up on with a fuller, specific proposal. These new models are essential for providers to earn the five percent physician payment bonuses under the MACRA Quality Payment Program (QPP).
    "Members of Premier have been steadfast advocates in favor of moving away from the perverse incentives in Medicare’s micro-managing fee-for-service system in favor of more accountable, coordinated alternative care models. Through 15 years of experience, we know these models improve quality, reduce costs and enhance the overall care experience. We hope to work with CMS to continue to advance APMs and bundled payment’s uptake in the market."
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    SR Scales selected by MAGNET GROUP as approved supplier
    SR Instruments (Tonawanda, NY) announced that its flagship product line, SR Scales, was selected by the MAGNET GROUP as an approved vendor for its GPO members. Participating MAGNET GROUP members can now select from SR Scales' wide range of medical weighing systems for their facilities. These include pediatric scales, digital stand-on scales, wheelchair scales, and space-saving, wall mount stretcher scales.
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    Stock Watch
    Health Stocks

    Quotes last updated at 8/15/2017 4:45:46 PM EST

    SymbolCompanyPriceChangeTrends
    MMM3M COMPANY207.18-0.19Analyze
    ABTABBOTT LABS48.82-0.26Analyze
    ABBVABBVIE INC70.34-0.48Analyze
    ALRALERE INC49.49-0.11Analyze
    ABCAMERISOURCEBERGN80.00-0.08Analyze
    BAXBAXTER INTL INC60.80+0.57Analyze
    BDXBECTON DICKINSON201.48-0.29Analyze
    BSXBOSTON SCIENTIFIC26.47-0.21Analyze
    BVXBOVIE MEDICAL CORP2.40-0.05Analyze
    BMYBRISTOL MYERS SQ57.87+0.25Analyze
    CMNCANTEL MEDICAL81.14+0.62Analyze
    CAHCARDINAL HEALTH66.43-0.33Analyze
    CPHDCEPHEID52.95+0.00Analyze
    CERNCERNER CORP63.44+0.53Analyze
    CLXCLOROX136.30+0.73Analyze
    CNMDCONMED CORP49.95-0.19Analyze
    BCRCR BARD INC320.83-0.05Analyze
    CRYCRYOLIFE19.15+0.25Analyze
    DHRDANAHER80.56-0.04Analyze
    DVCRDIVERSICARE HEALTHCARE SERVICES9.15+0.18Analyze
    DYIIDYNACQ HEALTHCARE0.071+0.000Analyze
    ESRXEXPRESS SCRIPTS61.73+0.42Analyze
    GEGENERAL ELECTRIC COMPANY25.14-0.22Analyze
    HCAHCA79.25-0.27Analyze
    HSTMHEALTHSTREAM INC22.97-0.51Analyze
    HSICHENRY SCHEIN167.94-1.33Analyze
    HRCHILL-ROM HOLDINGS INC74.44+0.13Analyze
    HMSYHMS HOLDINGS17.71-0.17Analyze
    HOLXHOLOGIC INC38.19-0.25Analyze
    ICUIICU MEDICAL168.90+1.45Analyze
    IARTINTEGRA LIFESCIENCES HOLDINGS CORP50.25-0.06Analyze
    JNJJOHNSON & JOHNSON133.38-0.10Analyze
    MASIMASIMO CORP85.30-0.24Analyze
    MCKMCKESSON CORP149.26+0.18Analyze
    MDASMEDASSETSN/A+0.00Analyze
    MDTMEDTRONIC INC84.59+0.12Analyze
    MMSIMERIT MEDICAL SYSTEMS41.05+0.65Analyze
    MSFTMICROSOFT73.22+0.02Analyze
    MDXGMIMEDX GROUP INC16.74+0.96Analyze
    MYLMYLAN LABS30.13+0.50Analyze
    ^IXICNASDAQ Composite6333.013-7.219Analyze
    OMCLOMNICELL50.75-0.60Analyze
    OMIOWENS & MINOR28.00-0.10Analyze
    PHGPHILIPS37.24-0.17Analyze
    PINCPREMIER INC33.65-0.06Analyze
    QDELQUIDEL CORP32.93-0.22Analyze
    ^GSPCS&P 500 Index2464.61-1.23Analyze
    SNNSMITH & NEPHEW35.43+0.12Analyze
    SWKSTANLEY BLACK & DECKER INC139.42-1.33Analyze
    STESTERIS CORP85.98+0.30Analyze
    SYKSTRYKER CORP147.44+1.44Analyze
    SGCSUPERIOR UNIFORM GROUP22.20+0.02Analyze
    TFXTELEFLEX MEDICAL208.90+0.01Analyze
    TMOTHERMO FISHER SCI173.56-0.47Analyze
    ZBHZIMMER BIOMET HOLDINGS112.97+0.46Analyze
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