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August 26, 2016

Sponsored

  • PWH to sponsor HIDA Pre-Conference Event, “Branding and the 2016 Election: How the Outcome Will Impact Healthcare"
  • Manufacturer News

  • Meridian malaria test wins prestigious innovation award
  • Hospital and IDN News

  • Mayo workers rally over change in food vendor
  • Geisinger Health COO to retire
  • Mount Sinai hospitals to pay $2.9M to settle false claims case
  • GPO News

  • Premier Inc statement on CMS ACO results
  • Tips for Greater Success

  • 11 Ways to Connect
  • News of the Weird

  • For 10 years, possibly biggest pearl ever was hidden under fisherman's bed
  • KFC launches "extra-crispy sunscreen" marketing campaign
  • Stock Watch

  • Health Stocks
  • Sponsored
    PWH to sponsor HIDA Pre-Conference Event, “Branding and the 2016 Election: How the Outcome Will Impact Healthcare"

    Professional Women in Healthcare (PWH) (Alexandria, VA) has partnered with American Medical Depot to sponsor the HIDA Pre-Conference Event, “Branding and the 2016 Election: How the Outcome Will Impact Healthcare,” held at the Hyatt Regency O'Hare, Chicago, on September 26, 2016 from 6:00 – 9:00 p.m., held in conjunction with the HIDA 2016 Streamlining Healthcare Conference. At this event, the moderator and panelists will review the impact the 2016 election will have on healthcare, the current trend for health systems and practices to brand their services to the patient population, and what can be done by the supplier community to support these initiatives. The event is open to men and women (members and non-members). For more information and to register, visit mypwh.org/event-2233055.

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    Manufacturer News
    Meridian malaria test wins prestigious innovation award

    Meridian Bioscience Inc (Cincinnati, OH) was awarded 1st place for innovation in emergency treatment and point-of-care testing for its illumigene Malaria test at the 2016 JIB/ACNBH Conference. Innovations from worldwide companies contributing to the development of the medical-biology industry were put under the spotlight at this year’s conference held in Paris, France and were reviewed by worldwide expert members in the medical biology field. For more, visit investor.meridianbioscience.com/phoenix.zhtml.

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    Hospital and IDN News
    Mayo workers rally over change in food vendor

    Members of Service Employees International Union Healthcare Minnesota, a union representing food service workers at Mayo Clinic (Rochester, MN), rallied Wednesday outside the health system's Saint Mary's hospital campus in response to Mayo's plans to outsource food and nutrition jobs. Supporters, city leaders and local lawmakers also participated in the rally. In response to the rally, Mayo officials provided a statement, saying they "understand the impact this has on our staff" and have "worked hard to ensure that employee well-being and prosperity is preserved through the transition." Mayo said all jobs will stay local, and existing active food and nutrition employees will be offered similar positions with the new food vendor, Morrison Healthcare, at their current rate of pay and will be credited for years of service. Mayo added that any transition offerings for union-represented employees, including offers of employment, should be negotiated with the unions representing those employees.

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    Geisinger Health COO to retire

    Geisinger Health System (Danville, PA) EVP and COO Frank Trembulak is retiring effective August 26. He has worked in numerous leadership positions at Geisinger for 40 years. Geisinger did not release any details on a successor.

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    Mount Sinai hospitals to pay $2.9M to settle false claims case

    Three hospitals that are part of Mount Sinai Health System (New York, NY) agreed to pay a total of $2.95 million for delaying repayment of more than $800,000 in Medicaid overpayments. In June 2014, the federal government intervened in a whistle-blower lawsuit alleging Continuum Health Partners in New York City (now part of Mount Sinai) had failed to return Medicaid overpayments to the government within the 60-day period required by the Affordable Care Act. The government alleged that between 2009 and 2010 Mount Sinai Beth Israel, Mount Sinai St. Luke's, and Mount Sinai Roosevelt erroneously submitted claims to Medicaid for payment due to a software error.

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    GPO News
    Premier Inc statement on CMS ACO results

    "Premier commends the continued successes of leading healthcare providers participating in Medicare Shared Savings (MSSP) and Pioneer Accountable Care Organization (ACO) Programs for their progress in improving the health of a Medicare population, reducing healthcare costs, and leading the change from a volume-based, sickness-focused model to a value-based, wellness-focused health system.
    We are also pleased to report that members of Premier’s Population Health Management Collaborative have significantly outpaced the nation for the third year in a row, with roughly 50 percent of our member MSSP and Pioneer ACOs achieving shared savings payments from Medicare..." To read the rest of the statement, visit https://www.premierinc.com/premier-inc-statement-cms-aco-results/.

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    Tips for Greater Success
    11 Ways to Connect

    In this week’s Tips for Greater Success, Dan Nielsen, founder of AmericasHealthcareLeaders.com and NIHCL.com, writes, "In a world driven by connections, it’s not often that we consider that the ability to connect with others isn’t a skill that comes naturally to everyone. I have the privilege of being the type of individual who happens to come by this naturally, but for those who struggle in this area, I recommend a great article titled, '11 Ways To Instantly Connect With Anyone,' by Dr. Travis Bradberry, author of Emotional Intelligence 2.0. In his article, Bradberry discusses how this ability to connect is completely under your control. It is a skill you can develop by following different tips, and is a matter of 'emotional intelligence.'" To read the 11 ways to connect and the rest of the article, visit http://dannielsen.com/2016/08/25/11-ways-to-connect/.

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    News of the Weird
    For 10 years, possibly biggest pearl ever was hidden under fisherman's bed

    A decade ago, a Filipino fisherman in western Palawan island found possibly the world's biggest pearl. For 10 years, the 75-pound pearl was hidden in a bag under his bed. The fisherman's family would rub it with their hands before going out to sea in the belief it would bring them luck, said relative Aileen Amurao. Amurao, who is also Puerto Princesa city's tourism officer, said the man gave her the pearl last month for safekeeping because he was moving to a new place. The pearl was sitting on a bench in her home for weeks until she found time to check the internet. She was shocked to learn that it could be the world's biggest at 2.2 feet long and 1 foot wide. The fisherman, his father and brothers found the irregular-shaped pearl inside a giant clam that stuck to their boat's anchor when they sought refuge from a squall on a reef, Amurao said. The fisherman did not want to be identified, she said. The fisherman and his family decided to turn over the pearl to the city mayor, who had it displayed in a glass case in Puerto Princesa's city hall to attract tourists. The fisherman will receive a still-unspecified reward from the local government, although he never intended to sell it.

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    KFC launches "extra-crispy sunscreen" marketing campaign

    Labor Day weekend should smell interesting this year, as KFC gives away supplies of a fried-chicken scented suncreen. The company and agency Wieden & Kennedy launched a hilarious video, once again featuring actor George Hamilton as the Extra Crispy Colonel, promoting the sunscreen. And this isn't just an on-screen gag - it really does exist. 3,000 bottles of SPF 30 Extra Crispy Sunscreen will be available online (for a free bottle, visitors must fill out a request form at the website). It's not the brand's first foray into toiletries/cosmetics: earlier this year in Hong Kong it introduced nail polish that tastes of fried chicken. To see the video, visit creativity-online.com/work/kfc-extra-crispy-sunscreen/48708.

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    Stock Watch
    Health Stocks

    Quotes last updated at 8/26/2016 10:00:45 AM EST

    Company Price Change Trends
    S&P 500 Index 2179.83 +7.36 Analyze
    NASDAQ Composite 5229.19 +16.99 Analyze
    ABBVIE INC 64.73 +0.01 Analyze
    AMERISOURCEBERGN 86.0491 +0.5391 Analyze
    ABBOTT LABS 42.61 -0.23 Analyze
    ALERE INC 40.98 +0.29 Analyze
    BAXTER INTL INC 47.28 +0.18 Analyze
    CR BARD INC 215.38 +0.06 Analyze
    BECTON DICKINSON 175.15 +1.01 Analyze
    BRISTOL MYERS SQ 58.89 +0.13 Analyze
    BOSTON SCIENTIFIC 23.89 +0.12 Analyze
    BOVIE MEDICAL CORP 4.49 +0.06 Analyze
    CARDINAL HEALTH 79.62 +0.26 Analyze
    CERNER CORP 64.43 -0.04 Analyze
    CLOROX 131.90 +0.85 Analyze
    CANTEL MEDICAL 71.66 -0.12 Analyze
    CONMED CORP 39.91 +0.00 Analyze
    CEPHEID 35.14 +0.59 Analyze
    CRYOLIFE 15.42 +0.09 Analyze
    DANAHER 81.09 +0.57 Analyze
    DIVERSICARE HEALTHCARE SERVICES 7.82 -0.48 Analyze
    DYNACQ HEALTHCARE 0.08 +0.00 Analyze
    EXPRESS SCRIPTS 72.02 +0.28 Analyze
    GENERAL ELECTRIC COMPANY 31.34 +0.13 Analyze
    HCA 75.21 +0.19 Analyze
    HMS HOLDINGS 21.90 -0.01 Analyze
    HOLOGIC INC 38.557 +0.127 Analyze
    HILL-ROM HOLDINGS INC 58.60 +0.16 Analyze
    HENRY SCHEIN 161.64 +0.82 Analyze
    HEALTHSTREAM INC 25.87 -0.04 Analyze
    INTEGRA LIFESCIENCES HOLDINGS CORP 85.185 +0.055 Analyze
    ICU MEDICAL 124.21 -0.20 Analyze
    JOHNSON & JOHNSON 119.2125 +0.6425 Analyze
    MASIMO CORP 57.98 +0.10 Analyze
    MCKESSON CORP 183.65 +0.35 Analyze
    MEDASSETS 31.35 +0.00 Analyze
    MEDTRONIC INC 85.89 +0.50 Analyze
    MIMEDX GROUP INC 7.25 +0.06 Analyze
    3M COMPANY 180.62 +1.04 Analyze
    MERIT MEDICAL SYSTEMS 23.645 +0.205 Analyze
    MICROSOFT 58.52 +0.35 Analyze
    MYLAN LABS 42.875 +0.025 Analyze
    OMNICELL 37.50 +0.03 Analyze
    OWENS & MINOR 33.53 +0.06 Analyze
    PHILIPS 29.16 +0.14 Analyze
    PREMIER INC 31.05 +0.08 Analyze
    QUIDEL CORP 21.50 +0.08 Analyze
    SUPERIOR UNIFORM GROUP 16.71 +0.00 Analyze
    SMITH & NEPHEW 32.76 +0.03 Analyze
    STERIS CORP 70.09 +0.77 Analyze
    STANLEY BLACK & DECKER INC 123.56 +1.77 Analyze
    STRYKER CORP 113.96 +0.65 Analyze
    TELEFLEX MEDICAL 181.96 +1.05 Analyze
    THERMO FISHER SCI 152.58 +1.23 Analyze
    ZIMMER HOLDINGS 113.56 +0.00 Analyze
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