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Lisa Thakur, CPA, MBA, FACHE, FHFMA Corporate senior vice president, ancillary operations Scripps Health San Diego, California In her current role, Lisa Thakur is responsible for ancillary services and business at Scripps Health, such as home health, laboratory, imaging and other business services. She holds a bachelor’s degree in business administration from the University of …

Lisa Thakur of Scripps named to 10 People to WatchRead More

Marriottsville, Md.-based Bon Secours Health System and Cincinnati-based Mercy Health finalized their merger Sept. 5, establishing one of the largest Catholic healthcare systems in the nation. The combined organization, dubbed Bon Secours Mercy Health, will comprise 43 hospitals in seven states and more than 2,100 physicians. It will be the nation’s fifth-largest Catholic health system …

Bon Secours, Mercy Health finalize mergerRead More

Amazon is having some luck getting buyers of corporate office supplies to shop like teens armed with a parent’s credit card. Amazon Business, the company’s business-to-business sales program, is on track to post sales of more than $10 billion over 12 months, assuming the company keeps up the pace it recorded between June and August, …

Heard of Amazon Business? It’s on track to make $10 billion over 12 monthsRead More

The inaugural National Accounts Summit will be held November 13-14, 2018 in Orlando, Florida. The National Accounts Summit was developed to help National Accounts Executives develop and hone their skills for our ever changing contracting arena. Registration is now open and space is limited! Click here to register

National Accounts Summit- Registration now open! Space is limited!Read More

Insurance premiums and outpatient prices spiked as California health systems have snatched up physician groups, new research shows. In 41 highly concentrated California counties, the percentage of hospital-employed physicians increased from about 25% in 2010 to more than 40% in 2016, according to a new Health Affairs study. Researchers estimated that the shift in ownership …

Health systems driving prices higher with physician group purchasesRead More

The new centers will help area businesses gain better control over their ever-growing health care costs because employees will have another option besides expensive ERs for non-life-threatening emergencies, said Carolyn Wilson, Beaumont’s Chief Operating Officer. Urgent care centers are less expensive to operate because they are generally not staffed and equipped for the most serious …

Beaumont Health racing to open 30 urgent care centers in metro DetroitRead More

The nation’s largest settlement of its kind involving allegations of drug diversion at a hospital is the result of a four-year Drug Enforcement Agency investigation into the University of Michigan Health System’s practices concerning controlled substances. So what happened, and what will happen next for the health system? The Ann Arbor News, which began reporting …

University of Michigan Health System’s record drug diversion settlementRead More

Mark French Vice president, Vendor Management and Purchased Services Ochsner Health System New Orleans, Louisiana Born in Hawaii, Mark French moved to Northern California with his family when he was 15. He received a bachelor’s degree in exercise physiology from the University of California Davis. While there, he worked in a trauma unit, a physical …

Mark French of Ochsner named to 10 People to WatchRead More

Susan DeVore, Premier Inc. CEO, discusses how her company is working to improve the health-care system in the U.S. (Link to video below). By the numbers: 4,000 Hospital footprint 165,000 Provider footprint 2,500 Employees $5.83b Market Cap 60% Majority owned by IDNs Click here for the video

Premier’s Susan DeVore on CNBCRead More

Ohio State University’s Wexner Medical Center increased revenue nearly 9 percent in the past fiscal year, as it continues its plans for new facilities and recruitment of top talent. Fiscal 2018 by the numbers: $3.7b in Revenue $328m in Operating Margin 93 new Faculty Clinicians $1.375b in cash and Capital-Funding Assets Plans to hire 500 …

Ohio State’s Wexner Medical Center boasts 9% revenue increaseRead More

If you missed this article in the Wall Street Journal I think you will find it very interesting. It discusses Gundersen Health in Wisconsin and it’s discovery of the true cost of a knee replacement. Suppliers are always frustrated with cost demands put on them by Supply Chain Leaders and this article does a great …

What Does Knee Surgery Cost?Read More

The portfolio of contracts in Vizient’s Achieve Committed Program™ is growing steadily, according to the company. At press time, the portfolio included more than 80 contracts and 10,600 items. Sixteen of the categories in the program had two or more suppliers for participants to choose from. Launched in May, the program is intended to build …

Portfolio for Vizient committed program growingRead More