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February 27, 2017

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  • PWH announces John Sasen Scholarship recipient
  • Manufacturer News

  • Mercury Medical strengthens international presence with Gulf Cooperation Council vendor approval
  • Bracco Diagnostics Inc receives FDA approval for VARIBAR PUDDING oral paste for Fluoroscopy
  • Johnson & Johnson completes $4.3B acquisition of Abbott Medical Optics
  • Sanofi and Lonza enter strategic partnership to establish large-scale biologics production facility
  • Provider Services News

  • Thales reports that 81% of healthcare organizations will increase information security spending in 2017
  • Government News

  • Virginia governor signs 4 bills aimed to combat opioid epidemic
  • CDC report shows heroin-overdose deaths increase fourfold from 2010 to 2015
  • Hospital and IDN News

  • Tenet names Warren Kirk as CEO of Central Valley market
  • Summa Health names Cliff Deveny as interim president and CEO
  • Stock Watch

  • Health Stocks
  • Sponsored
    PWH announces John Sasen Scholarship recipient
    PWH (Alexandria, VA) announced the recipient of the John Sasen Scholarship is Carmen Hamlin, sales training specialist for McKesson Medical Surgical. Carmen has been a member of PWH for 4 years and was a contributing writer for the company's newsletter. She is currently the instructional designer and developer for the McKesson sales training team. Carmen advocates for leadership and opportunity for women in the healthcare industry and is an ideal recipient for the John Sasen Scholarship. Several women were considered for this award, which honors someone in the healthcare industry who is an inspiring individual, demonstrates leadership, and is an ambassador to the industry. The scholarship is awarded to one woman each year and includes a one-year PWH membership as well as attendance to the HIDA (Alexandria, VA) Executive Conference.
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    Manufacturer News
    Mercury Medical strengthens international presence with Gulf Cooperation Council vendor approval
    Mercury Enterprises Inc (dba Mercury Medical) (Clearwater, FL) announced that it earned international recognition as a qualified vendor for the Gulf Cooperation Council (GCC), an intergovernmental political and economic union consisting of six countries of the Arabian Gulf. This recognition allows Mercury Medical to now sell its airway management devices to the GCC six member states of - the Kingdom of Saudi Arabia, Bahrain, Kuwait, Sultanate of Oman, Qatar, and the United Arab Emirates.
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    Bracco Diagnostics Inc receives FDA approval for VARIBAR PUDDING oral paste for Fluoroscopy
    Bracco Diagnostics Inc, the U.S. subsidiary of Bracco Imaging S.p.A., announced it received FDA approval for its VARIBARPUDDING for modified barium swallow (MBS) examinations to evaluate the oral and pharyngeal function and morphology in adult and pediatric patients six months and older. According to the company, accurate and reliable measures of oropharyngeal swallowing function are key to proper patient management and improved outcomes. Radiographic (x-ray) modified barium swallow (MBS) studies are the instrumental examinations of choice because they allow evaluation of both the oral and pharyngeal phases of swallowing, and are key to determine the nature and extent of the swallowing disorder.
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    Johnson & Johnson completes $4.3B acquisition of Abbott Medical Optics
    Johnson & Johnson (New Brunswick, NJ) completed the acquisition of Abbott Medical Optics (AMO), a wholly-owned subsidiary of Abbott (Abbott Park, IL), for $4.325 billion in cash. The acquisition was originally announced September 16, 2016 and includes ophthalmic products in three areas of patient care: cataract surgery, laser refractive surgery, and consumer eye health. These product lines will now join with the ACUVUE Brand Contact Lenses business, and the combined organization will operate under the brand name Johnson & Johnson Vision (J&J Vision).
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    Sanofi and Lonza enter strategic partnership to establish large-scale biologics production facility
    Sanofi (Paris, France) and Lonza (Basel, Switzerland) entered into a strategic partnership to build and operate a large-scale mammalian cell culture facility for monoclonal antibody production in Visp, Switzerland. The strategic partnership in the form of a joint venture combines the biologics development pipeline of Sanofi with the expertise of Lonza to design, construct, start-up, and operate a state-of-the-art, large-scale mammalian cell culture facility. The initial investment will be around $286.59 million to be split equally between each company. The initial phase of the facility will commence construction in 2017, pending necessary regulatory approvals, and is expected to be fully operational by 2020. Lonza has previously built and licensed three similar facilities in the U.S. and Singapore.
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    Provider Services News
    Thales reports that 81% of healthcare organizations will increase information security spending in 2017
    Thales (San Jose, CA) announced the results of its 2017 Thales Data Threat Report, Healthcare Edition, issued in conjunction with analyst firm 451 Research. According to the report, 81% of U.S. healthcare organizations and 76% of global healthcare organizations will increase information security spending in 2017. According to a release, “these numbers are reflective of an industry undergoing rapid technological and social change in the form of electronic health records and increasingly digitized personal health data.” Despite the risks that come from increased access points, 60% of U.S. healthcare respondents reported their organization were deploying to cloud, big data, and IoT or container environments without adequate data security controls. The healthcare industry is also adopting some of these technologies for sensitive data use wholesale, with 69% of U.S. respondents leveraging SaaS, 59% big data, 46%, and 35% IoT environments. To read more, visit http://www.prnewswire.com/news-releases/2017-thales-healthcare-data-threat-report-organizations-spending-big-on-cyber-security-300409803.html.
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    Government News
    Virginia governor signs 4 bills aimed to combat opioid epidemic
    Virginia Governor Terry McAuliffe on Thursday signed four bills into law intended to reduce the human cost of the opioid epidemic in Virginia. The new laws will collectively allow community organizations to retain and dispense the opioid overdose drug naloxone to those trained to use it; allow local health departments in parts of the state with high rates of HIV and hepatitis C to engage in harm-reduction initiatives like syringe exchanges; allow social services to initiate a care plan for families with a child exposed to opioids in utero; and mandate that all opioid prescriptions be transmitted to pharmacies electronically by 2020.
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    CDC report shows heroin-overdose deaths increase fourfold from 2010 to 2015
    According to a data brief from the CDC's National Center for Health Statistics, the share of heroin-related overdose deaths in the U.S. increased from 8% in 2010 to 25% in 2015. In 2010, there were 3,036 overdose fatalities related to heroin in the U.S. In 2015, that number increased to 12,989 heroin-related overdose deaths. This increase means that heroin surpassed gun homicides to become the most lethal killer in 2015. Friday's study also found the share of drug overdose deaths from prescription opioids dropped from 29 percent in 2010 to 24 percent in 2015. For more, visit http://www.reuters.com/article/us-usa-heroin-idUSKBN1630EO.
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    Hospital and IDN News
    Tenet names Warren Kirk as CEO of Central Valley market
    Tenet Healthcare (Dallas, TX) appointed Warren Kirk CEO of its Central Valley market, a three-hospital network. Kirk is currently CEO of Doctors Medical Center (Modesto, CA), a role he will maintain in addition to his new position. Kirk has served as Doctors Medical Center CEO for more than five years.
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    Summa Health names Cliff Deveny as interim president and CEO
    Cliff Deveny, MD, a former senior leader at Summa Health (Akron, OH) was named interim president and CEO of the health system effective March 13, 2017. Deveny replaces Thomas Malone, MD, who resigned last month. Deveny previously spent more than 20 years at Summa Health in a variety of clinical and senior leadership roles. Since last year, he has been president of Locus Health, which develops software solutions that enable healthcare organizations to improve their population health efforts. Over the next three to six months, the Summa board will work to identify the next permanent president and CEO for Summa Health. Dr. Deveny is expected to be among the candidates.
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    Stock Watch
    Health Stocks

    Quotes last updated at 2/27/2017 9:57:02 AM EST

    Symbol Company Price Change Trends
    MMM 3M COMPANY 187.06 -0.35 Analyze
    ABT ABBOTT LABS 45.47 -0.21 Analyze
    ABBV ABBVIE INC 62.05 -0.04 Analyze
    ALR ALERE INC 39.93 -0.02 Analyze
    ABC AMERISOURCEBERGN 91.79 -0.37 Analyze
    BAX BAXTER INTL INC 50.47 -0.02 Analyze
    BDX BECTON DICKINSON 182.82 -0.60 Analyze
    BSX BOSTON SCIENTIFIC 24.70 -0.08 Analyze
    BVX BOVIE MEDICAL CORP 3.2261 -0.0439 Analyze
    BMY BRISTOL MYERS SQ 56.83 +0.39 Analyze
    CMN CANTEL MEDICAL 81.14 +0.00 Analyze
    CAH CARDINAL HEALTH 82.209 +0.069 Analyze
    CPHD CEPHEID 52.95 +0.00 Analyze
    CERN CERNER CORP 55.32 -0.29 Analyze
    CLX CLOROX 135.81 -0.56 Analyze
    CNMD CONMED CORP 42.63 -0.03 Analyze
    BCR CR BARD INC 243.83 -1.35 Analyze
    CRY CRYOLIFE 17.30 +0.05 Analyze
    DHR DANAHER 86.0724 -0.0076 Analyze
    DVCR DIVERSICARE HEALTHCARE SERVICES 9.55 +0.00 Analyze
    DYII DYNACQ HEALTHCARE 0.0827 +0.0000 Analyze
    ESRX EXPRESS SCRIPTS 71.34 -0.21 Analyze
    GE GENERAL ELECTRIC COMPANY 30.0399 -0.1501 Analyze
    HCA HCA 87.17 +0.10 Analyze
    HSTM HEALTHSTREAM INC 24.005 -0.325 Analyze
    HSIC HENRY SCHEIN 173.60 +0.07 Analyze
    HRC HILL-ROM HOLDINGS INC 66.72 +0.01 Analyze
    HMSY HMS HOLDINGS 18.75 -0.08 Analyze
    HOLX HOLOGIC INC 40.74 -0.08 Analyze
    ICUI ICU MEDICAL 152.30 +0.05 Analyze
    IART INTEGRA LIFESCIENCES HOLDINGS CORP 41.98 -0.35 Analyze
    JNJ JOHNSON & JOHNSON 122.70 -0.03 Analyze
    MASI MASIMO CORP 89.02 +0.49 Analyze
    MCK MCKESSON CORP 150.885 +0.315 Analyze
    MDAS MEDASSETS 31.35 +0.00 Analyze
    MDT MEDTRONIC INC 80.80 -0.23 Analyze
    MMSI MERIT MEDICAL SYSTEMS 29.90 +0.30 Analyze
    MSFT MICROSOFT 64.225 -0.395 Analyze
    MDXG MIMEDX GROUP INC 8.06 +0.10 Analyze
    MYL MYLAN LABS 41.78 -0.38 Analyze
    ^IXIC NASDAQ Composite 5837.58 -7.72 Analyze
    OMCL OMNICELL 37.55 -0.60 Analyze
    OMI OWENS & MINOR 36.24 -0.03 Analyze
    PHG PHILIPS 29.86 +0.17 Analyze
    PINC PREMIER INC 31.22 -0.12 Analyze
    QDEL QUIDEL CORP 21.31 +0.16 Analyze
    ^GSPC S&P 500 Index 2364.26 -3.08 Analyze
    SNN SMITH & NEPHEW 30.25 -0.45 Analyze
    SWK STANLEY BLACK & DECKER INC 127.15 -0.04 Analyze
    STE STERIS CORP 70.25 +0.00 Analyze
    SYK STRYKER CORP 128.76 -0.51 Analyze
    SGC SUPERIOR UNIFORM GROUP 18.22 +0.00 Analyze
    TFX TELEFLEX MEDICAL 189.94 +0.15 Analyze
    TMO THERMO FISHER SCI 158.26 -0.72 Analyze
    ZMH ZIMMER HOLDINGS 113.56 +0.00 Analyze
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