Good afternoon, National Accounts Executives!
I am looking forward to kicking off 2020 with an exciting & insightful webinar on February 25. Please
connect with me
to discuss all learning & networking opportunities with ANAE.
Enjoy this issue of
National Accounts Weekly!
-- Scott Pecore
President of ANAE
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Upcoming interactive webinars with guests Mary Beth Lang from Kaiser Permanente and Ed Hisscock from Trinity Health
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Join us for ANAE's two upcoming, interactive Supply Chain Leader
webinars
!
During these interactive sessions,
Kaiser Permanente's Mary Beth Lang
and
Trinity Health's Ed Hissock
, will share insights into the priorities of their respective IDNs and specific ways that ANAE members can develop more successful relationships with supply chain executives.
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VP, Chief Supply Chain & Procurement Officer
Kaiser Permanente
When:
February 25 at 1:00 p.m. ET
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SVP, Supply Chain Management
Trinity Health
When:
March 5 at 2:00 p.m. ET
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These webinars are for
ANAE members only.
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If you're not yet a member -
sign up to become a member now
! Membership plans are available from just $295/year. Members have full access to all past and future webinar recordings and live sessions where you can ask questions to the speakers!
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6 hospital, health system construction projects costing $300M or more
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1. Dell Children's to invest $300M in upgrades, expansions
Austin, Texas-based Dell Children's Medical Center plans to invest more than $300 million over the next three years to expand.
2. Mount Sinai Health System gets state OK on $1B campus upgrade
A state planning council has approved Mount Sinai Health System's plan to invest $1 billion in facility upgrades and expansions in downtown New York City.
3. Oregon health system plans $1B in expansions
Medford, Ore.-based Asante Health System plans to invest $1 billion in renovation and construction projects across its network.
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AdventHealth to drop Cerner, Athenahealth EHRs for Epic
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AdventHealth, a faith-based health system with 50 hospital campuses, plans to implement an integrated EHR and revenue cycle management system from Epic Systems Corp. over the next three years.
AdventHealth said it will install the Epic system at its more than 1,200 acute-care, physician-practice, ambulatory, urgent care, home health and hospice sites.
AdventHealth plans to kick off its transition to Epic's system in March. Bassler said the health system expects all of its sites to be live on the new system by the end of 2022.
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Kaiser Permanente triples income in 2019
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Kaiser Permanente reported a net income of $7.4 billion in 2019, nearly triple what the company made in 2018 and significantly higher than its past surpluses.
Kaiser Permanente attributed most of the new funds to a strong investment market, saying two-thirds of its net income came from investment performance.
Kaiser reported revenues of $84.5 billion, up 6% from 2018. It also saw its membership increase by 81,000 for a total of 12.2 million as of December.
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Tenet Healthcare to pay $1.4M to settle cardiac lawsuit
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Tenet Healthcare Corporation and its Southern California hospital Desert Regional Medical Center will pay $1.41 million to resolve allegations that they knowingly charged Medicare for implanting unnecessary cardiac monitors in patients.
Medicare only reimburses services and treatments that are reasonable and medically necessary.
Tenet acknowledged it settled the lawsuit “related to a portion of cardiac loop recorder devices implanted from 2014 to 2017” at Desert Regional Medical Center.
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Geisinger partners with Omnicell for automated medication dispensing
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Through a six-year sole source agreement with Omnicell, Geisinger will employ Omnicell XT Automated Dispensing Systems to help improve nurse-pharmacy workflows and medication safety and security.
This investment follows Geisinger’s recent upgrade to the XT Anesthesia Workstation, moving from manual processes to automation, for easy, yet secure access to medications in the operating room.
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FBI director says U.S. should protect medical device technology, proprietary information from China threat
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FBI Director Christopher Wray addressed the economic espionage threat posed by China at the Department of Justice China Initiative Conference on Feb. 6 in Washington, D.C.
China is threatening the U.S. economy—and national security—with its relentless efforts to steal sensitive technology and proprietary information from U.S. companies, academic institutions, and other organizations, Wray said.
Wray told the audience that China is targeting everything from agricultural techniques to medical devices in its efforts to get ahead economically.
The FBI is using traditional law enforcement techniques as well as its intelligence capabilities to combat these threats. He said the FBI currently has about 1,000 investigations into Chinese technology theft.
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McKesson to split-off interest in Change Healthcare
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McKesson Corporation announced the commencement of an exchange offer for the split-off of its wholly-owned subsidiary, PF2 SpinCo, Inc., which will hold all of McKesson’s interest in Change Healthcare LLC, as part of McKesson’s previously announced agreement with Change Healthcare Inc. to merge SpinCo with and into Change.
“This transaction better positions McKesson to focus on our core business and signifies another important step in McKesson’s transformation to become a simpler, more focused organization,” said Brian Tyler, CEO, McKesson.
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Thanks for reading! Please share this with your colleagues!
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Thank you to everyone who sent in stories this week!
ANAE's greatest strength is our ability to drive collaboration. You and our other members are each other's most powerful resource! Sharing knowledge is what this Association is all about.
When you come across a story that your fellow National Account Executives need to read, send it in and we'll get the word out!
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John Pritchard
Publisher of National Accounts Weekly
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