For over 25 years we have worked with small, innovative, and diverse companies with great ideas, quality products produced in the US, and touting green value, but often it was a hard sell to providers. The problem? It cost more to produce in the US. The result? “Yes, we believe in all those things but …
Ascension reports loss of $2.7B in Q1
The Catholic system, one of the largest hospital operators in the country, saw operating revenue decrease 2.5% year over year in the period ending March 31 to $6.1 billion. That came as expenses like salaries and supplies ticked up by more than 3% to $6.4 billion. Ascension reported a total loss of $2.7 billion in …
COVID-19 Survey
This era of uncertainty due to COVID-19 and its impact on the healthcare economy has created a lot of unknowns for the National Accounts community. We would like to gather some insight into what people are thinking, feeling and anticipating as business and procedures start to increase. Please rest assure all responses are anonymous and …
Trump likely to slap limited sanctions on China over Hong Kong crackdown
Under political pressure to take a hard line against China for its crackdown on Hong Kong, President Trump instead is planning to impose relatively mild new sanctions on visas and Chinese access to the global financial system.Trump’s response is expected to leave intact the U.S.-China trade deal that he agreed to in January, at least …
Trump likely to slap limited sanctions on China over Hong Kong crackdownRead More
Reflection and Renewal
Dee Donatelli, RN, BSN, MBA, vice president of professional services, TractManager, and principal of Dee Donatelli Consulting, LLC wrote an article for The Journal of Healthcare Contracting reflecting on understanding what we have been going through with COVID-19, how we will get through it, and what steps we need to take to prepare for the next crisis.“As …
ANAE Lecture – Margaret Steel
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Baylor Scott & White will lay off 1,200, furlough others
The layoffs amount to about 3% of Baylor Scott & White’s workforce, the hospital system said in a statement. At the same time, it is raising pay for nearly 12,000 nurses and staff. The job cuts announced Tuesday appear to be the deepest in Baylor’s history, a spokeswoman said. Those being laid off will be …
Baylor Scott & White will lay off 1,200, furlough othersRead More
How to safely reopen America’s offices, according to CDC
In light of plans to open nonessential businesses, CDC on Wednesday released detailed guidelines on how employers can resume operations while still taking precautions to avoid the virus’ transmission among workers. 1. Ensure facilities are safe for reopening 2. Assess facilities to identify and correct ‘close contact’ areas 3. Put in place safety measures to protect employees …
How to safely reopen America’s offices, according to CDCRead More
New ANAE National Accounts Today Podcast with PDI
In episode 9 of National Accounts Today, Scott Pecore, President of the Association of National Account Executives, interviews Sean Gallimore, SVP & GM from PDI Healthcare, a leader in Infection Prevention products for the healthcare market. The podcast includes:PDI’s products that are currently in development and pending FDA approval for efficacy against SARS-CoV-2.Lessons learned from …
COVID-19 pushes Cleveland Clinic to $39.9M operating loss in Q1
Cleveland Clinic’s revenue climbed to $2.6 billion in the first quarter of this year, up from $2.5 billion in the same period a year earlier, according to unaudited financial documents. Including April, the first full month the health system limited services due to the pandemic, Cleveland Clinic experienced net patient service revenue shortfalls of more than …
COVID-19 pushes Cleveland Clinic to $39.9M operating loss in Q1Read More
AHA Asks HHS for $52B in Emergency Funding
The American Hospital Association on Tuesday pressed the federal government for an additional $52 billion in “expedited” emergency funding to help the nation’s hospitals stem losses accrued during the coronavirus pandemic. Hospitals across the nation have all but shuttered most elective and outpatient services for the past two months to contend with COVID-19. The AHA estimates a …
No Time to Delay
The editor of the Journal of Healthcare Contracting reflected on the residual effect of what COVID-19 has done to public health in the United States. At Piedmont Hospital’s ER in Atlanta, Georgia, on some days there were more physicians than patients, according to the Atlanta Journal-Constitution. The coming weeks and months will resemble a balancing act of preparedness …
More ‘health care deserts’ possible after four South Side hospitals call off $1.1 billion merger plan
Advocate Trinity Hospital in Calumet Heights, Mercy Hospital & Medical Center in Bronzeville, South Shore Hospital in South Chicago and St. Bernard Hospital in Englewood had planned to join forces as part of a $1.1 billion project that included building at least one new hospital and up to half a dozen community health centers. It’s …
June 3, 2020
Dee Donatelli – “Supplier INsights: Value Analysis”
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