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January 16, 2018

Sponsored

  • PWH Florida Networking Event: Career Connections
  • Buying ultrasounds in 2018? Get data, research and insights on 1/25
  • From the Publisher

  • Medical Device Tax - We need to act NOW for the January 19th deadline!
  • From Repertoire Magazine

  • Vote now for Repertoire and HIDA's Excellence in Sales award!
  • Distributor News

  • Henry Schein announces finalists for third annual Henry Schein Cares Medal
  • Manufacturer News

  • BD, Check-Points receive CE Mark for next-gen resistant bacteria screening test
  • Medtronic receives FDA clearance for Riptide Aspiration System
  • Hospital and IDN News

  • Hospitals still grappling with medical supply shortages caused by Hurricane Maria
  • CHS to shed several more hospitals to reduce debt load
  • GPO News

  • Capstone Health Alliance partners with youCompli
  • Neo Medical partners with Premier Inc
  • Stock Watch

  • Health Stocks
  • Sponsored
    PWH Florida Networking Event: Career Connections
    Professional Women in Healthcare (PWH) (Alexandria, VA) will host a Florida Networking Event on January 22, 2018 from 6-9 p.m. at the Renaissance Vinoy in St. Petersburg, Florida. Join PWH for an evening of networking and career insights discussing how career partnering is a proven path to career growth and success. As leaders of our industry, we need to stay committed to supporting a succession planning strategy for future leaders. Experience PWH’s unique twist on the classic concept of “speed mentoring” as our attendees rotate seats after set timed periods throughout the evening to discuss questions, get feedback, ask for advice and meet new people in the healthcare industry. Food and Beverages will be provided. Mark your calendars and register today! You do not want to miss what is sure to be an impactful evening. This event is open to men and women, members and non-members. Click here for more information and to register!
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    Buying ultrasounds in 2018? Get data, research and insights on 1/25
    OpenMarkets will be hosting industry experts from Konica Minolta, Philips, and Mindray for an online roundtable on January 25 at 12 p.m. EST to discuss the ultrasound equipment market. Proprietary data on marketshare, trends, and pricing will be shared.
    Space is limited and providers are encouraged to sign up now at education.openmarketshealth.com.
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    From the Publisher
    Medical Device Tax - We need to act NOW for the January 19th deadline!
    Scott Adams, publisher of Repertoire Magazine, and Linda Rouse O'Neill, VP of government affairs for HIDA, discuss the urgent need for industry action on the medical device tax. Click here to listen!
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    From Repertoire Magazine
    Vote now for Repertoire and HIDA's Excellence in Sales award!
    Repertoire Magazine and HIDA will present the industry’s most prestigious sales awards at the Medical Distribution Hall of Fame Dinner in Atlanta, Georgia, April 26, 2018. The 2018 Excellence in Sales awards will be presented to both a top-performing sales rep and manufacturer sales rep.

    The deadline for the nominations is February 22, 2018. Distributor reps may only nominate manufacturer reps and vice versa.

    Click here to cast your vote!
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    Distributor News
    Henry Schein announces finalists for third annual Henry Schein Cares Medal
    Henry Schein Inc (Melville, NY) announced the nine finalists for the third annual Henry Schein Cares Medal, an award given to nonprofit organizations from the fields of oral health, animal health, and medicine that demonstrate excellence in expanding access to care for the underserved. The nine finalists (three from each field) were selected by a panel of independent judges who are experts from the fields of medicine, philanthropy, social entrepreneurship, and business, as well as previous Henry Schein Cares Gold Medalists. The judges will choose from those finalists a gold, silver, and bronze medalist for each field. Winners will be announced later this year at Henry Schein's national sales meeting for each respective business unit. Click here to learn more and see a list of this year’s finalists.
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    Manufacturer News
    BD, Check-Points receive CE Mark for next-gen resistant bacteria screening test
    BD (Becton, Dickinson and Company) (Franklin Lakes, NJ) and Check-Points Health B.V. (The Netherlands) announced that the companies obtained CE Mark for a next-generation molecular screening test for antibiotic-resistant carbapenemase-producing organisms (CPOs) on the fully automated BD MAX System. The BD MAX Check-Points CPO assay provides detection of the five most common carbapenemase genes in less than 2.5 hours, according to the company. This assay replaces an earlier version of the test from Check-Points, and offers an improved workflow and an additional target. The BD MAX Check-Points CPO assay is not available for sale in the U.S.
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    Medtronic receives FDA clearance for Riptide Aspiration System
    Medtronic plc’s (Dublin, Ireland) Neurovascular business unit received FDA approval for the Riptide Aspiration System. The Riptide Aspiration System is designed to retrieve thrombus (blood clot) through the Arc Catheter and restore blood flow in patients experiencing blockage of an artery in the brain, known as an ischemic stroke. The Riptide Aspiration System includes the Arc Catheter, RiptideAspiration Tubing, Riptide Aspiration Pump and RiptideCollection Canister with intermediate tubing. The Riptide Aspiration System is a foundational platform for future aspiration catheters, currently in development. The Riptide Aspiration System is intended for use in the revascularization of patients with acute ischemic stroke secondary to intracranial large vessel occlusive disease (within the internal carotid, middle cerebral - M1 and M2 segments, basilar and vertebral arteries) within eight hours of symptom onset.
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    Hospital and IDN News
    Hospitals still grappling with medical supply shortages caused by Hurricane Maria
    It has been more than 100 days since Hurricane Maria made landfall in Puerto Rico, devastating the island's residents, infrastructure, and industry - including medical supply manufacturers such as Baxter, Medtronic, Stryker and Johnson and Johnson, hospitals across the U.S. are still facing related shortages of medical supplies. The shortages were not immediate; hospitals started to feel them at different times based on specific supplies. For Tufts and Clarke County Hospital, the biggest shock came upon realizing that all mini-bag and mini-bag plus products were coming from Puerto Rico. That was something they didn't know prior to Hurricane Maria. That realization came with a broader one, that greater knowledge of where crucial supplies come from is essential to plan for the future. The shortage in the fresh Mini-Bags caused a ripple effect. Some hospitals scrambled to buy frozen products that would need to be thawed out before use. Another product, empty IV bags which used to make a hospital's own sterile preparation that can be used to infuse into patient over a period of hours, also disappeared… Click here to read the full story.
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    CHS to shed several more hospitals to reduce debt load
    Community Health Systems (Franklin, TN) will continue its recent trend of selling off hospitals with more divestitures in 2018. CHS put a turnaround plan into place in 2016 to improve its finances and reduce its heavy debt load. The company announced in early 2017 it intended to sell off 30 hospitals and completed its 30-hospital divestiture plan Nov. 1. To further reduce its debt, CHS plans to sell another group of hospitals with combined revenue of $2 billion. CHS currently owns, operates or leases 127 hospitals in 22 states. Company officials have not disclosed how many hospitals will be sold as part of the divestiture plan.
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    GPO News
    Capstone Health Alliance partners with youCompli
    Capstone Health Alliance (Asheville, NC) signed a new agreement with youCompli (Pittsburgh, PA), a regulatory-knowledge-sharing software platform. youCompli provides access to a large supply of compliance professionals all focused on making compliance more efficient and less expensive. Accordign to the company, “The system helps ensure Capstone members don’t waste time on regulations that don’t matter to them. The ones that do, are translated into business requirements (the specific activities that are required to comply). After validation by a nationally recognized law firm, the requirements are delivered in a workflow software that Capstone members will use to ensure the requirements are completed.” Capstone members that sign up before March 31, 2018 will benefit from significant early adopter discounts.
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    Neo Medical partners with Premier Inc
    Neo Medical (Sparks, NV) partnered with Premier Inc (Charlotte, NC). Under the terms of the agreement, Premier members will have access to Neo Medical's vascular access and regional anesthesia medical devices. Neo Medical will supply Neo Magic, a line of vascular access devices and accessories designed specifically for neonatal and pediatric patients.
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    Stock Watch
    Health Stocks

    Quotes last updated at 1/15/2018 4:07:35 PM EST

    SymbolCompanyPriceChangeTrends
    MMM3M COMPANY244.47+2.16Analyze
    ABTABBOTT LABS58.84-0.11Analyze
    ABBVABBVIE INC100.34+1.07Analyze
    ALRALERE INC50.990.00Analyze
    ABCAMERISOURCEBERGN99.00+0.86Analyze
    BAXBAXTER INTL INC68.34-0.12Analyze
    BDXBECTON DICKINSON227.71+1.89Analyze
    BSXBOSTON SCIENTIFIC27.46+0.03Analyze
    BVXBOVIE MEDICAL CORP2.44-0.02Analyze
    BMYBRISTOL MYERS SQ62.81+0.34Analyze
    CMDCANTEL MEDICAL110.18+1.88Analyze
    CAHCARDINAL HEALTH71.49+2.38Analyze
    CERNCERNER CORP72.90+0.26Analyze
    CLXCLOROX140.96-1.03Analyze
    CNMDCONMED CORP56.48+0.32Analyze
    CRYCRYOLIFE18.65-0.20Analyze
    DHRDANAHER99.39+0.80Analyze
    DVCRDIVERSICARE HEALTHCARE SERVICES10.01+0.06Analyze
    DYIIDYNACQ HEALTHCARE0.01000.0000Analyze
    ESRXEXPRESS SCRIPTS80.87+0.78Analyze
    GEGENERAL ELECTRIC COMPANY18.76-0.26Analyze
    HCAHCA88.80+1.83Analyze
    HSTMHEALTHSTREAM INC24.27-0.13Analyze
    HSICHENRY SCHEIN74.84+1.54Analyze
    HRCHILL-ROM HOLDINGS INC86.79-0.17Analyze
    HMSYHMS HOLDINGS17.830.00Analyze
    HOLXHOLOGIC INC43.71+0.16Analyze
    ICUIICU MEDICAL224.00+1.30Analyze
    IARTINTEGRA LIFESCIENCES HOLDINGS CORP50.57+0.10Analyze
    JNJJOHNSON & JOHNSON145.76+0.97Analyze
    MASIMASIMO CORP85.67-0.11Analyze
    MCKMCKESSON CORP166.25+3.95Analyze
    MDTMEDTRONIC INC66.68 Analyze
    MMSIMERIT MEDICAL SYSTEMS45.30+0.85Analyze
    MSFTMICROSOFT89.58+1.50Analyze
    MDXGMIMEDX GROUP INC13.86-0.08Analyze
    IXICNASDAQ Composite7,261.06+49.28Analyze
    OMCLOMNICELL50.75+0.30Analyze
    OMIOWENS & MINOR20.66-0.15Analyze
    PHGPHILIPS40.64+0.72Analyze
    PINCPREMIER INC31.82+0.56Analyze
    QDELQUIDEL CORP45.99-0.18Analyze
    INXS&P 500 Index2,786.24+18.68Analyze
    SNNSMITH & NEPHEW35.17+0.39Analyze
    SWKSTANLEY BLACK & DECKER INC173.42+0.89Analyze
    STESTERIS CORP69.61-0.68Analyze
    SYKSTRYKER CORP158.23-0.37Analyze
    SGCSUPERIOR UNIFORM GROUP25.78+0.40Analyze
    TFXTELEFLEX MEDICAL263.18+2.52Analyze
    TMOTHERMO FISHER SCI210.17+1.51Analyze
    ZBHZIMMER BIOMET HOLDINGS122.10-0.19Analyze
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