Industry News

Cardinal Health announces merger of its Outcomes business into Transaction Data Systems and related partnership

Cardinal Health announced it has signed a definitive agreement to contribute its Outcomes™ business to Transaction Data Systems (TDS), a portfolio company of BlackRock Long Term Private Capital and GTCR, in exchange for a minority stake in the combined entity. Under the terms of the agreement, Cardinal Health’s pharmaceutical segment CEO, Debbie Weitzman, will be appointed to the TDS board of directors.

The transaction will create a broad, integrated offering of pharmacy workflow software with patient engagement and clinical solutions to serve the patient, pharmacy, payer, and pharmaceutical company ecosystem, including one of the nation’s largest networks of 40,000 retail, chain and grocery pharmacies.

TDS’s existing portfolio of clinical pharmacy solutions includes the Rx30 and Computer-Rx pharmacy management systems and PrescribeWellness, its patient communicationpharmacy enablement application. Through its OutcomesOne™ platform, Outcomes offers a portfolio of patient engagement, clinical care, workflow, and financial solutions.

The combined organization will expand upon TDS’s existing solutions for delivering clinical care, medication therapy management and diversifying pharmacy revenue streams by adding Outcomes’ digital capabilities for patient engagement, virtual verification, order grouping, pill counting, and financial insights. Together, TDS and Outcomes will create additional opportunities for pharmacists to participate in sponsored clinical interventions and better access for payors and pharmaceutical companies to drive better care and outcomes for patients.

The transaction is anticipated to close, subject to customary closing conditions and the expiration or termination of regulatory periods, in the third calendar quarter of 2023. Jones Day is serving as legal advisor to Cardinal Health. SVB Securities is acting as financial advisor and Simpson Thacher & Bartlett LLP is serving as legal advisor to Transaction Data Systems.

Henry Schein named official medical product sponsor of the United States Football League

Henry Schein Medical announced that it is the official medical product sponsor of the United States Football League (USFL). The partnership reinforces Henry Schein Medical’s commitment to providing athletic trainers with the products, supplies, and solutions needed to help keep athletes safe, healthy, and in the game.

Henry Schein Medical’s Athletics and Schools business is providing the USFL with a wide range of products and equipment, ranging from automated external defibrillators and first aid kits to percussion massagers and hot and cold therapy kits.

“We are excited to partner with the USFL to help ensure the league’s athletic trainers are equipped with necessities to keep the athletes performing at their best,” said Eric Kearns, National Sales Director of Henry Schein Medical’s Athletics and Schools business. “We understand the vital role athletic trainers play both on and off the field, and we are dedicated to supporting the profession.”

Throughout the years, Henry Schein Medical’s Athletics and School’s business has supported sports teams at all levels. For example, the Company has sponsored the Professional Football Athletic Trainers Society Tim Davey Assistant Athletic Trainer of the Year award since 2011. The award recognizes the commitment, dedication, and integrity of one trainer from the American Football Conference and the National Football Conference.

Additionally, the Company celebrates emerging athletic trainers through its Rising Star program, which honors recently graduated athletic trainers in the United States who have not yet reached a senior chief-level position but have a strong career trajectory with the potential of forward advancement and appointment at the highest levels of the profession.

Henry Schein Medical’s Athletics and Schools business provides athletic trainers, physical therapists, strength and conditioning coaches, nutritionists, higher education and K – 12 student health clinics, and lab and research facilities around the country with sports medicine supplies and equipment. Its offerings range from electrolyte supplements and portable medical kits to physical therapy tables, emergency medical services equipment, and more.

B. Braun launches DoseTrac Enterprise Infusion Management Software

As a leader in smart infusion therapy, B. Braun announced the launch of its next generation of infusion management software, DoseTrac® Enterprise Infusion Management Software. With this new software, organizations receive a mix of realtime views and retrospective reporting features to better understand their infusion pump fleet and associated data. The DoseTrac Enterprise Software platform can also connect up to 40,000 pumps at an unlimited number of facilities with just one application.

DoseTrac Enterprise allows customers to manage their infusion pumps from a single central application regardless of the size of their fleet or number of locations. Pumps can move between locations seamlessly, and data can be aggregated and disaggregated from the enterprise level down to the individual facility care area to help with continuous quality improvement. DoseTrac can help improve data management which may lead to a decrease in clinical IT infrastructure required for infusion pumps.

Midmark expands philanthropic efforts with launch of Midmark Cares

Midmark recently announced the launch of Midmark Cares – a newly formed committee that includes employees (teammates) from across Midmark’s 12 U.S. based locations. The committee was formed to organize team-building events, provide strategic oversight of activities, and further expand Midmark’s community outreach and philanthropic efforts nationwide and globally. By strengthening partnerships and investing in the community, the launch of the committee is yet another step forward in advancing Midmark’s continued commitment to increasing access to quality care.

To further philanthropic efforts, Midmark has partnerships with numerous organizations, including World Vision. Midmark has been a long-time partner with World Vision, helping to bring better healthcare to communities in need around the world and in the U.S. through product donations and the building of caregiver kits. The company’s collaboration with World Vision began in 2005 when Midmark began donating high-quality, easy-to-use medical equipment to clinics in remote areas of developing countries. Since then, the partnership has grown significantly.

In September 2022, Midmark announced its 2021 trade-in program collected 1,000 eligible exam tables, which were donated primarily to World Vision. The organization refurbished and delivered them to clinics that provide healthcare to children and families in remote areas of developing countries.

Additionally, in 2022, Midmark Teammates at eight locations built 3,750 World Vision hygiene kits distributed to Moldovia, Poland, Romania and Ukraine for Ukrainian refugees.

The Midmark Cares committee has hit the ground running, with teammates having already organized and participated in several community events: ʯ Helping hundreds of local homeless pets by hosting a Bark in the Park event in Tampa, Florida. ʯ Hosting blood drives in Leesburg, Ohio and Kansas City, Kansas. ʯ Sponsoring a kennel at Highland Humane Society in Hillsboro, Ohio. ʯ Participating in river cleanup in kayaks in Glasgow, Kentucky. ʯ Supporting Operation Christmas Child with robotics team sponsors in Traverse City, Michigan. ʯ Working with Community Meals to promote fellowship within the community in Versailles, Ohio.

With a charitable mission that focuses on support through volunteerism as well as monetary and product donations, Midmark encourages its teammates to serve as active participants in corporate giving and community involvement. As an incentive, Midmark Teammates are offered up to three paid volunteer outreach days as part of its policy, and an additional day to teammates participating in Midmark-sponsored international or domestic mission trips.

Understanding the 5-Step Instrument Processing Workflow

Why it’s Critical for Your Customers

As the number of outpatient clinics increase, instrument processing becomes a greater challenge for our customers. They may already understand the need for effective sterilization to reduce risk—but instrument processing is more than sterilization and it begins before they ever touch an instrument. Midmark instrument processing solutions were designed around CDC-recommended1 best practices to help make regulatory compliance to clinical standards as easy (and as automated) as possible.

Contact your Midmark Representative to start the conversation.

1 https://www.cdc.gov/infectioncontrol/guidelines/disinfection/sterilization/sterilizing-practices.html

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