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January 25, 2018
EMRs impeding innovation, IDNs Supertankers or Titanic, Cleveland Clinic webinar now available
Why hospital mergers are destined to fail
Pretty interesting article making the case that hospital mergers are destined to fail. Thanks to a loyal NAW reader for submitting this article! Dr. Robert Pearl states “As health plans, pharmaceutical companies and new care-delivery entrants gain market clout at the expense of the hospital industry, panic is starting to set in. These developments have …
Just in time supplies may be making the US vulnerable
The Washington Post seems to be really taking a leadership role in bringing the intricacies of the US Healthcare Supply Chain to Main Street. It seems to me they are covering more and more stories pertaining to vulnerabilities in the medical Supply Chain in particular. Here are some facts in WaPo’s latest feature: 80% of …
Just in time supplies may be making the US vulnerableRead More
Is your hospital market share evaporating?
If you feel like your hospital based market share is evaporating you are not the only one…. In Paul Keckley’s weekly report he substantiates what you may be feeling with cold, hard numbers: In the last decade admissions have dropped 12% Acute bed capacity decreased 11% Just look what has happened to the number of …
Amazon, JP Morgan and Berkshire join forces to start Healthcare Company
Interesting news that Amazon, JP Morgan and Berkshire join forces to start a Healthcare Company. Not many details are released about what this will look like but here is what we do know: These 3 companies are in the top 7 largest public companies In total they employee 1m people Todd Combs of Berkshire will …
Amazon, JP Morgan and Berkshire join forces to start Healthcare CompanyRead More
Top 50 IDNs by Revenue and Number of Hospitals
I recently came across a great list of the Top 50 IDNs by Net Patient Revenue. If you’d like a copy of the report, you can request it here. Thanks to Definitive Healthcare for this list! Not surprisingly, HCA Healthcare topped the list with $35 billion in revenue from its 205 hospitals and corresponding facilities. …
ROi opens new Manufacturing plant!
ROi’s Custom Pack Solutions (CPS) division began in ROi’s Consolidated Services Center in Springfield, Missouri, but has outgrown its current 30,000 square feet of space. In the last five years, it has grown more than 400 percent in volume. Today, the program manages more than 760 different surgical packs and averages more than 630,000 packs …
Ginny Borncamp, Senior VP, Chief Sourcing Officer for Providence St. Joseph Health, Renton, Washington on Healthcare Supply Chain Radio
Ginny Borncamp, Senior VP, chief sourcing officer, Providence St. Joseph Health, Renton, Washington is my guest on the latest edition of Healthcare Supply Chain Radio. Ms. Borncamp is responsible for Strategic Sourcing, Accounts Payable and Value Analysis for Providence/St. Jospeh’s 50 hospitals and over 1,000 physician offices. Listen to where this progressive Supply Chain Leader …
Fairview Health CEO declares EMR Supplier is an “Impediment to Innovation”
For years I have been coaching Suppliers that their competition is not just other Suppliers in their category but all the initiatives the IDNs are working on. Initiatives like: Recent mergers Physician integration CSC development EMR implementation I have often said “if you offered your product for free they may not be able to convert …
Fairview Health CEO declares EMR Supplier is an “Impediment to Innovation”Read More
Simrit Sandhu of Cleveland Clinic interviewed on ANAE Supply Chain Leader Webinar
ANAE invites you to listen in to one of the 12 monthly Supply Chain Leader webinars that gives listeners an inside look into the pressing issues in today’s dynamic health care supply chain. Hear Simrit Sandhu, Executive Director of Supply Chain, for Cleveland Clinic cover: -Size and organization makeup -Contracting protocol and strategic direction -Supply …
Simrit Sandhu of Cleveland Clinic interviewed on ANAE Supply Chain Leader WebinarRead More
96 percent of patient complaints are customer-service related, while a mere 4 percent complain about quality of care or misdiagnosis
A recent study digs into patient reviews of their physician and finds that varying complaints have to do with the quality of their care. This is quite troubling, considering for the past 8-10 years physicians, hospitals and care givers have been grinding to elevate their marks when it comes to quality. I just wonder if …
IDNs: are they super tankers or the Titanic?
The most famous maritime disaster in history holds lessons for health care providers. Among them is the warning that the risks that we don’t see are often more treacherous than the ones that we do see. I can’t tell you how many boring Supply Chain blogs I read, I am an absolute gluten for punishment …
Supplier access to hospital allows cyber attack, hospital pays 4 bitcoin valued at $55,000 to regain control of patient records
In a story that plays out like a Stephen King novel, last week Hancock Regional Health had 1,400 patient files locked up for ransom. What is so chilling is the attack came in through a vendors access to to the hospital’s network. This is the 2nd of my 5 predictions that 2018 has come true. …
January 17, 2018
Medical Device Tax Details, Are you an RFP machine, Cleveland Clinic Webinar opened to readers