Hello NAW Subscribers -
I hope you like this issue of National Accounts Weekly!
We'll hear how large IDNs measure successful contracts, what successful supplier/provider relationships look like, and we'll take a deep dive into Mayo Clinic's supply chain.
It will highlight some of the largest and most progressive healthcare systems in the Western U.S. We look forward to seeing you there.
Sincerely,
John Pritchard
President of ANAE
Publisher of The Journal of Healthcare Contracting (JHC)
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Newsweek: America's most trustworthy companies 2022
Newsweek and Statista present their first annual ranking of America's Most Trustworthy Companies. They looked at publicly traded U.S. corporations in 22 industries with $500 million or more in annual revenues and then surveyed 50,000 U.S. residents. Respondents were asked about companies they knew well and were, asked among other things, if they believed individual companies treated their customers fairly, treated their employees fairly and would be good long-term investments. The result is a list of 400 companies Americans trust the most, ranked by industry.
The healthcare and life sciences list included at least one name most Americans had never heard of until the last two years: COVID-19 vaccine maker Moderna. The healthcare and life sciences list included 21 companies.
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IDN Insights West: Showcasing Level IV Healthcare Systems
Please join us for The Journal of Healthcare Contracting’s IDN Insights West meeting June 2-3, 2022, hosted by Arizona State University at its Scottsdale, AZ, campus.
This meeting highlights some of the most progressive, largest healthcare systems in the West. Attendees will hear how large IDNs measure successful contracts, the challenges these health systems are dealing with through a pandemic, a deep dive into Mayo Clinic’s supply chain, what successful supplier/provider relationships look like, and much more!
Confirmed Speakers:
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Bruce Gilmore, Director, Enterprise Laboratory and SW Region Supply Chain Operations, Mayo Clinic
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Allison P. Corry, Chief Supply Chain Officer, Supply Chain Organization, Intermountain Healthcare
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Chad Mitchell, AVP, Contract Services, Vizient
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Elizabeth Eisenberg MSN, RN CVAHP, Director, Clinical Value Analysis, Scripps Health
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Gene Schneller, Co-Founder, Healthcare Supply Chain Excellence, Professor, Supply Chain Management at Arizona State University
- Dee Donatelli and Barbara Strain, moderators for our Value Analysis Panel
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Kathryn Carpenter, VP Sourcing, Contracting, Clinical Strategy and Implementation, CommonSpirit Health
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Dan DeLay, System Senior Vice President, Supply & Services Resource Management, CommonSpirit Health
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The shift to 24/7 supply chains in the U.S.
Supply Chain Dive is tracking the shift to 24/7 supply chain operations for public and private sectors across the country. Import surges throughout the pandemic unveiled the problems and challenges at a structural level that businesses have faced transporting products into and across the United States for years. At several points throughout the pandemic, there have been more than 100 cargo ships waiting to dock in the ports of Los Angeles and Long Beach.
According to Supply Chain Dive, ports have attempted to engage with dozens of stakeholders to try to improve operations, which have resulted “in a series of commitments from the private sector and regulatory tweaks.” The timeline starts in September 2021, when the Port of Long Beach announced it was aiming to maximize the nighttime operations and expand “the hours during which trucks can pick up and return containers.” In the same month, the Port of Los Angeles expanded weekend operating gate hours to help meet demand, provide transparency, and improve efficiency.
The most recent update to the timeline was March 15, when the White House announced plans to launch a supply chain data-sharing portal to be to improve cargo velocity.
(Supply Chain Dive)
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Advocate Aurora Health triples net income
Advocate Aurora Health wrapped up its bounce-back year with higher operating income, patient service revenue, expenses and investment income, culminating in a 2021 net income of $1.85 billion—more than triple the $558 million it had posted in 2020.
(Fierce Healthcare)
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Mount Sinai, Medline strike $725M multi-year vendor deal
Medline has entered into a multi-year, $725 million prime vendor partnership with Mount Sinai Health System. As the system’s primary supplier, Medline will provide an extensive portfolio of essential medical supplies and solutions across the health system’s eight hospital campuses, school of medicine and ambulatory practices.
Under the terms of the agreement, Medline will place multiple team members, including full-time analysts and a logistics specialist, within the health system to work hand-in-hand with leaders to address specific caregiver needs and help drive new ways of optimizing care. Medline resources will also enable the health system to more easily monitor key metrics such as item utilization, contract compliance, price accuracy and spending by product categories through Medline’s advanced analytics platforms.
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Read the latest issue of JHC
Interested in working with The Journal of Healthcare Contracting? Contact Anna McCormick, Director of Business Development, at 770-263-5280 or by email at amccormick@sharemovingmedia.com.
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Leading Non-Acute Change - Karen Ryan, Centura Health
In JHC’s Leading Non-Acute Change Podcast Series sponsored by McKesson, Scott Adams interviews Karen Ryan, a category project manager with Centura Health, on how non-acute facilities are expanding and how the supply chain can collaborate between non-acute care, supply chain distribution and all critical access within that continuum.
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Cardinal Health expands medical distribution footprint in Ohio
Cardinal Health announced plans to build a 574,670-square-foot medical distribution center in the Columbus, OH, area.
The new building will integrate automation and technology to work alongside Cardinal Health employees; improve safety, service and quality; deliver operational efficiencies; and better support fluctuations in volume and labor to provide customers with a predictable and stable customer experience.
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Owens & Minor completes acquisition of Apria for $1.6B
Owens & Minor has closed the previously announced acquisition of Apria, Inc. The acquisition was consummated for total consideration in cash of approximately $1.6 billion. The purchase was funded with a combination of debt and cash on hand.
The combined entity will create a broad portfolio of complementary products to service patients with chronic and non-chronic conditions, and an expanded product delivery and distribution model. Apria will be combined with Owens & Minor’s existing Byram Healthcare business to form the new Patient Direct segment.
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BIOTRONIK
Director of National Accounts
Nashville, TN
GRAIL
Key Accounts Director, Hospital Systems
(Central Region)
St. Louis or Kansas City, MO
MICRO-TECH ENDOSCOPY USA
Director of National Accounts
(USA East)
Ann Arbor, MI
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John Pritchard
Publisher
National Accounts Weekly
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