9 minute read
Industry News
from JHC Feb 21
Premier releases data on shortages of supplies for COVID-19 testing, diagnostics and treatment
Premier, Inc. (Charlotte, NC) has released analysis of historic and predictive data from its supply chain forecasting technology to identify the latest supply categories at risk and assess how sourcing has fundamentally altered the economic landscape for gloves, gowns and N95s, as well as other key healthcare products.
According to Premier, shortages are shifting from the personal protective equipment (PPE) scarcities that characterized 2020 to exponential demand for the supplies that play a vital role in COVID-19 testing, diagnostics and treatment.
For vital PPE, including isolation gowns, surgical masks, N95 respirators and exam gloves, average daily usage is at an all-time high.
According to Premier data across a representative sample of health systems, since May 2020, average daily usage of sterile water has increased 350% and inventories have fallen 50% – drifting down to a median of just three days of supply on hand. Since May 2020, hospitals’ average daily usage of pipette tips has increased more than 50%, and the volume of outstanding (open) purchase orders has tripled – from 6 to 18 days of supply on order, according to Premier data.
Other key findings include: > Isolation gown usage has doubled from September 2020 to January 2021 > Surgical mask usage has increased 250% since June 2020 > Exam glove usage has doubled since
June 2020 and now exceeds existing production capacity by 37% > N95 respirator usage has increased 500% since July > Nitrile exam gloves were cited in a recent Premier member survey as the no. 2 greatest challenge to care for COVID-19 patients (after clinical staffing)
HCA plans to acquire Meadows Regional Medical Center for $73M
HCA Healthcare (Nashville, TN) to acquire Meadows Regional Medical Center (Vidalia, GA) for $73 million.
The parties previously signed a letter of intent in October 2019. The hospital’s parent company, Meadows Health Alliance, its board of directors, and the Toombs County Hospital Authority approved the sale of the medical center and its assets to HCA last week. The transaction, which still requires state approval, is expected to closed by April 30. Additional details of the transaction were not disclosed.
Pipeline Health System appoints new CEO
Pipeline Health System, LLC (Los Angeles, CA), a privately-owned, community hospital ownership and management company, announced it has appointed Andrei Soran as CEO, effective immediately.
Soran succeeds Jim Edwards, who will remain with Pipeline Health and assume the role of senior vice president. Prior to joining Pipeline, Soran led Trident USA Health Services, a mobile diagnostic services provider serving customers in 37 states. Earlier in his career, Soran served as CEO of Verity Health, a six-hospital system based in California. Pipeline Health owns and operates facilities in Chicago, Dallas, and Los Angeles.
Integra LifeSciences Holdings Corporation (Princeton, NJ) announced it completed the previously-disclosed acquisition of ACell, Inc.
ACell is an innovative regenerative medicine company with a product portfolio based on a proprietary porcine urinary bladder matrix platform technology, MatriStem UBM.
Integra announced on December 16, 2020, that it had entered into a definitive agreement to acquire ACell for an upfront cash payment of $300 million at closing, subject to customary purchase price adjustments, and cash payments of up to an additional $100 million upon the achievement of certain revenue growth milestones.
“Acquiring ACell and its proprietary MatriStem UBM technologies will enable Integra to provide more comprehensive complex wound management solutions to address our customers’ most pressing clinical challenges,” said Peter Arduini, president and CEO, Integra LifeSciences. “Together with ACell colleagues, we look forward to continuing to advance wound care innovations for our customers and patients.” Final terms of the acquisition were not disclosed.
Trinity Health ACO achieves $24.4M in shared savings for 2019
Trinity Health ACO (Livonia, MI), a Next Generation Accountable Care Organization (ACO), achieved a 95% quality performance score and $24.4 million in shared savings in performance year 2019. Trinity says this was its highest performance in its four years of participation.
Mary Beth Lang
Lara Latham
Steve Gundersen SMI announces three new appointments to its board of directors
SMI announced it has appointed Steve Gundersen as the board chair, effective January 1, 2021. In addition, Mary Beth Lang and Lara Latham have been appointed as new members of SMI’s board of directors also effective January 1, 2021.
Gunderson currently is VP and general manager of the Strategic Customer Group for BD (Becton, Dickinson and Company). Lang is VP, chief supply chain & procurement officer for Kaiser Permanente. Latham is VP, healthcare systems, for Stryker Corporation.
The SMI board consists of both provider and supplier members to ensure it has a balanced representation of its membership to help guide the strategic direction of the organization. Gundersen is a founding member, previous board member and former chair, and has played a crucial role to drive growth and recognition of SMI during the past 16 years. Both Lang and Latham have been highly engaged and respected members of SMI for over 10 years, the organization said.
The Next Generation Accountable Care Organization Model was created by the Centers for Medicare & Medicaid Services (CMS) and is in its fifth year. It sets financial targets, gives beneficiaries opportunities to manage their own health, and enables providers to better coordinate care across health systems.
Trinity Health ACO provides coordinated care to patients in Illinois (Loyola Medicine), Michigan (Mercy Health – Michigan), New Jersey (Summit Medical Group) and Ohio (Mount Carmel Health System). Patients experience no change in their original Medicare benefits and retain their freedom to see any Medicare provider. In order to share the savings it achieves for the Medicare initiative,
Trinity Health is committed to Advanced Alternative Payment Models. It has more than 15,000 physicians and advanced practice professionals
committed to 16 Clinically Integrated Networks (CINs) that are accountable for approximately 1.5 million lives across the country through alternative payment models (APMs) across all populations and product lines: Medicaid, Commercial, Medicare Advantage and Medicare ACOs.
Indiana doctors form new Indiana Physician Coalition
An alliance of Indiana physician organizations has formed the Indiana Physician Coalition. Members of the new group include many of the largest medical associations and specialty societies in the state and represent the vast majority of nearly 17,000 practicing physicians and 2,000 medical students in Indiana, the group said in a press release.
The Coalition says its mission is to educate lawmakers and the public about how physician-led care protects patients from harm, increases access to quality care and helps control healthcare spending.
“Healthcare teams require leadership, just as teams do in sports,” said Roberto Darroca, MD, president of the Indiana State Medical Association, a member of the coalition. “Physicians bring to the team the highest level of training and preparation, which we use to guide other members of the team to provide the highest quality of care possible for patients.”
MercyOne (Des Moines, IA), the largest healthcare system in Iowa, broke ground this week on its first clinic in Minnesota. The clinic will serve the residents of Freeborn County and the surrounding service area.
Phase one construction is focused on 14,000 square feet and will house primary care and some specialty services. In total, there are five phases planned for the 64,000 square foot space. The first phase is expected to be completed by July 1, 2021. Later phases will include services for outpatient surgery and retail. Officials hope to have everything complete within five years.
Bon Secours Mercy Health launches new GPO
Bon Secours Mercy Health has launched a new group purchasing organization (GPO), Advantus Health Partners.
According to the IDN, in addition to identifying cost-savings efficiencies through purchasing, Advantus offers expertise in distribution and logistics, inventory management, clinical integration and many other integrated supply chain solutions.
The GPO will use advanced data and analytic systems to help partners modernize, track and inform sourcing and logistic decisions to create more efficient operations. With its experience, size and depth of industry knowledge, Advantus is uniquely equipped to help organizations meet their business goals and optimize their operations, including such critical but often overlooked business areas as information technology.
“We know for many health organizations, having the insight and counsel that Advantus provides will be instrumental in setting them up for future success and reducing the overall cost of care,” said Dan Hurry, president, Advantus Health Partners and chief
supply chain officer, Bon Secours Mercy Health. “Our advanced operations model, integrated logistics solutions and our alignment with clinicians in product and device decisions enable us to provide a wide variety of strategic, customized business solutions to partner facilities across the country.”
Advantus will partner with community hospitals, academic medical centers, regional integrated delivery networks, national health systems, critical access hospitals, ambulatory surgery centers and physician clinics to provide a variety of solutions essential to streamlining workflows and improving scale.
Capstone Health Alliance welcomes Yolandi Myers as SVP of client solutions
Capstone Health Alliance (Fletcher, NC) announced and welcomed Yolandi Myers as senior vice president of client solutions.
In this new role, Myers will have oversight of partnerships with group alliances and will work to enlarge member services developing programs to ensure Capstone Health Alliance members are constantly receiving value.
Myers brings a variety of executive healthcare experience to the Capstone team, most recently serving as SVP of Business Operations with the Center for Health Affairs/CHAMPS Group Purchasing (Cleveland, OH). She has been recognized as an expert in the industry frequently serving as a subject matter expert on a variety of community and national healthcare panel discussions as well as participating on select committees with Premier, Inc.
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Cameras not included. 1 https://ww2.frost.com/news/press-releases/telehealth-to-experience-massive-growth-with-covid-19-pandemic-says-frost-sullivan/#:~:text=In%202020%2C%20the%20 Cameras not included. telehealth%20market,%3A%2F%2Ffrost.ly%2F43e.&text=The%20opportunity%20for%20telehealth%20products,standard%20of%20care%20is%20growing 1 https://ww2.frost.com/news/press-releases/telehealth-to-experience-massive-growth-with-covid-19-pandemic-says-frost-sullivan/#:~:text=In%202020%2C%20the%20 Cameras not included. 2 https://go.forrester.com/press-newsroom/us-virtual-care-visits-to-soar-to-more-than-1-billion/ telehealth%20market,%3A%2F%2Ffrost.ly%2F43e.&text=The%20opportunity%20for%20telehealth%20products,standard%20of%20care%20is%20growing 1 https://ww2.frost.com/news/press-releases/telehealth-to-experience-massive-growth-with-covid-19-pandemic-says-frost-sullivan/#:~:text=In%202020%2C%20the%20 2 https://go.forrester.com/press-newsroom/us-virtual-care-visits-to-soar-to-more-than-1-billion/ telehealth%20market,%3A%2F%2Ffrost.ly%2F43e.&text=The%20opportunity%20for%20telehealth%20products,standard%20of%20care%20is%20growing © 2021 Midmark Corporation, Miamisburg, Ohio USA © 2021 Midmark Corporation, Miamisburg, Ohio USA 2 https://go.forrester.com/press-newsroom/us-virtual-care-visits-to-soar-to-more-than-1-billion/
