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As the race for a vaccine against the coronavirus heats up, the US faces another potential crisis: a shortage of syringes. A potential vaccine could receive emergency approval as early as winter 2020. But industry leaders and experts are warning the US has only a short window of time to scale up syringe supplies in …
Syringe shortage could hamper delivery of Covid-19 vaccine, experts warnRead More
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Here are 10 health systems with strong operational metrics and solid financial positions, according to reports from Fitch Ratings, Moody’s Investors Service and S&P Global Ratings.1. Dover, Del.-based Bayhealth Medical Center has an “AA” rating and stable outlook with Fitch.2. Milwaukee-based Children’s Hospital and Health System has an “Aa3” rating and stable outlook with Moody’s. …
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Join ANAE and The Journal of Healthcare Contracting for the 2nd Virtual Town Hall on September 2 at 2:00 PM ET. We will discuss the effects of healthcare supply chain after COVID-19 and what suppliers can do to better support and partner with their customers in the future. Host: John Pritchard, Publisher of The Journal of Healthcare ContractingPanelists:-Kreg …
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Walmart chief executive officer Doug McMillon said Tuesday the retail giant remains committed to its rollout of Walmart Health brand centers.Earlier this month they announced Walmart was expanding its healthcare centers into the lucrative Florida market beginning next year. Like the handful of healthcare services “super centers” Walmart has rolled out in the last year …
Walmart Committed to Health Center Expansion Despite Key Exec’s DepartureRead More
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John Pritchard, the Publisher of The Journal of Healthcare Contracting, gave some thoughts and insights on the healthcare supply chain during the epidemic crisis. “Another supply chain leader I spoke to wondered out loud if some of the PPE shortages were caused by the lack of resources, or other issues within the supply chain…It does make …
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The board of Michigan’s largest health system, Beaumont Health, has yet to set a date for a final vote on a proposed merger with Illinois’ largest health system, Advocate Aurora Health. The system argued that concerns from physicians centered around local issues and not the potential merger with Advocate Aurora, a much larger partner for …
Beaumont slows Advocate Aurora tie-up amid doctor pushbackRead More
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Mike Cotton was named president and CEO of SelectHealth, the wholly owned subsidiary health plan of Intermountain Healthcare, and will serve as a member of Intermountain Healthcare’s executive leadership team.Cotton succeeds current SelectHealth president and CEO Patricia Richards who is retiring August 31. Cotton comes to SelectHealth from Providence Health Plan, where he has served …
Intermountain’s SelectHealth names Mike Cotton as president, CEORead More
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Sentara Healthcare and Cone Health signed a letter of intent to merge the two regional, integrated health systems, according to an announcement Wednesday. Pending state and federal regulatory review, the deal is expected to close in the middle of next year, creating a 17-hospital, $11.5 billion system. Read More
Regional chains Sentara, Cone to merge into 17-hospital, $11.5B systemRead More
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Join us Monday, August 17 at 3:00 PM ET for the ANAE Supply Chain Leader Webinar with Mary Beth Lang, VP and Chief Supply Chain & Procurement Officer for Kaiser Permanente. During this interactive session, Mary Beth will share insights into the priorities of Kaiser Permanente, as well as specific ways that suppliers can develop …
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The US experienced a fragmented approach to securing supply that led to competition rather than coordination during the pandemic, according to a recent survey conducted by Premier Inc. The report advocates for the creation of a U.S. national standard that integrates stockpiling needs at the federal, state and health system levels. “We learned from the …
Recent Premier Inc. Survey shows fragmented approach to securing supplyRead More
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U.S. News & World Report recently released its 2020-21 rankings for the top hospitals in the U.S. Below is a list of each state’s top-ranked hospital. Alabama: University of Alabama at Birmingham HospitalAlaska: Alaska Native Medical Center (Anchorage)Arkansas: UAMS Medical Center (Little Rock)Arizona: Mayo Clinic (Phoenix)California: UCLA Medical Center (Los Angeles)Colorado: UCHealth University of Colorado Hospital (Aurora)Connecticut: Yale New …
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Vizient announced that it entered into an agreement with Encompass Group for its Novaplus Enhanced Supply program for personal protective equipment. The agreement will increase the supply of PPE and enable access to 40 million AAMI level three disposable isolation gowns annually for its member hospitals. The agreement also includes disposable bouffant caps and shoe covers …
Vizient signs contract to make 40 million PPE gownsRead More
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For the quarter ending June 30, 2020, KFHP/H reported:$22.1 billion total operating revenues$20.0 billion total operating expenses$2.1 billion operating income For the 6 months ending June 30, 2020, KFHP/H reported:$44.7 billion total operating revenues$3.3 billion operating income$66 million total other income and expense$3.4 billion net income year-to-date Compared to 2019 reports:$42.8 billion total operating revenues$2.7 …
Kaiser Foundation Health Plan and Hospitals Q2 2020 financial updateRead More