ANAE

In the first quarter of fiscal year 2021, Trinity Health reported improved operating results driven by strong cost controls, lower operating expenses, as well as improved operating revenue compared to the fourth quarter of fiscal 2020. Operating income of $112.1 million for the first three months of fiscal 2021 increased $18.1 million compared to $94.0 …

Trinity Health Reports Growth in First Quarter of 2021 Despite PandemicRead More

HealthTrust (Nashville, TN) was selected by Indiana Regional Medical Center (IRMC) (Indiana, PA) as the hospital’s exclusive national group purchasing organization (GPO), effective February 1, 2021. Serving Indiana County of Pennsylvania and surrounding communities, the acute care, nonprofit hospital anticipates significant savings from access to HealthTrust’s broad portfolio and performance improvement insights to help transform …

HealthTrust and Indiana Regional Medical Center Initiate Agreement for Supply Chain and Performance ImprovementRead More

Moderna said Monday it will request emergency clearance from the Food and Drug Administration for its coronavirus vaccine after new data confirms the vaccine is more than 94% effective in preventing Covid-19 and was safe. The new analysis from Moderna evaluated 196 confirmed Covid infections among the late-stage trial’s 30,000 participants. The company said 185 cases of Covid were …

Moderna says new data shows Covid vaccine is more than 94% effective, plans to ask FDA for emergency clearance later MondayRead More

Join us for The Journal of Healthcare Contracting and ANAE’s IDN Insights on December 9-11. You will hear how these IDNs measure successful contracts, selling to investor owned health systems, a Washington update, the challenges these health systems are facing through healthcare reform and a pandemic, how best in class suppliers formulate their product, and more! Tickets, which …

Join us next week for the virtual IDN Insights Meeting with Texas Health Resources, UPMC and more!Read More

Ascension is one of the leading non-profit and Catholic health systems in the U.S., operating more than 2,600 sites of care including 145 hospitals and more than 50 senior living facilities. They have reported $41b in assets and operating revenue of $6.6b for first 3 quarters. Read the full report below! Read More

Ascension’s reports $41b in assets and operating revenue of $6.6b for first 3 quartersRead More

On a webinar yesterday, Premier polled more than 750 attendees, and nearly 90 percent said that state and federal governments have either “not prepared them” or only “somewhat prepared them” for receiving and managing the vaccine. Another 43 percent cited lack of communication from the government as their biggest readiness gap, followed by lack of …

How Health Systems Are Preparing for a COVID-19 VaccineRead More

An analysis by Get Us PPE, a nonprofit group, found that while the PPE requests it received were almost evenly split between hospitals and nonhospital settings in April, in October over 90% of requests were from facilities such as homeless shelters, natural disaster relief groups, and nurses’ offices in schools. Smaller hospitals are also struggling. …

The PPE crisis didn’t go away: Across the U.S., grassroots supply networks are trying to fill the voidRead More

Amazon’s new online pharmacy, which opens Tuesday, lets users buy their medication and order refills on their phones or other devices and have it delivered to their doorsteps in a couple of days, just like a book or toilet paper. Shoppers have to set up a profile on Amazon’s website and have doctors send prescriptions to …

Amazon opens online pharmacy with prescription deliveryRead More

Supply Chain Sherpas’ mission is to unlock the bottlenecked healthcare supply chain for supplier and provider organizations. For the past three years Supply Chain Sherpas has surveyed healthcare supply chain professionals to understand what leadership attributes and competencies are most important for the Supply Chain Leader of the Future.  With your help, we will for …

Strategic Account Executive of the FutureRead More

Baxter Regional Medical Center (Mountain Home, AR) on Friday reported 55 staff members sick with COVID-19, including 25 who are nurses. As of Friday, there were 24 patients with COVID-19 at the hospital.The hospital is putting a temporary hold on non-emergency surgeries that would require an overnight stay. Hospital executives say the hospital has plenty …

Arkansas hospital reports 55 staff infected with COVID-19; ICU near capacityRead More

Join us for The Journal of Healthcare Contracting and ANAE’s IDN Insights on December 9-11. You will hear how these IDNs measure successful contracts, selling to investor owned health systems, a Washington update, the challenges these health systems are facing through healthcare reform and a pandemic, how best in class suppliers formulate their product, and more!  Tickets, …

Hear from UPMC, Penn State Health, TPC and more at the virtual IDN Insights MeetingRead More

The nation’s largest Catholic system is dealing with a significant increase in supply costs to treat patients who have been infected by COVID-19. Nevertheless, it was able to eke out a 7.7% increase in operating revenues compared to the same period in 2019. CommonSpirit has also been buoyed by a $527 million jump in investment …

Despite COVID-19, CommonSpirit Health reports $800M quarterly profitRead More

When the U.S. healthcare supply chain experiences panic buying, within the first four or five days, supply is wiped out faster than anyone can imagine. The moment the market signals a shortage, purchases increase tenfold the number of products relative to real demand. The only thing that stops the panic buy is how quickly a …

The implication of buyers reacting to false/panic driven demand and how it exacerbates supply disruptionRead More