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October 18, 2019

Market Research

  • Physician-led ACOs outperform hospital-led counterparts
  • Hospital CEO turnover down in 2019, while overall CEO turnover up
  • From the Publisher

  • Get ready for flu season!
  • Manufacturer News

  • Medtronic launches first AI system for colonoscopy at United European Gastroenterology Week 2019
  • FDA clears ORTHO Sera ID-MTS for use on the ORTHO VISION Analyzer
  • Francis Medical appoints new chief medical officer
  • Drugs are back in B. Braun regional anesthesia trays
  • Provider Services News

  • CVS Health's MinuteClinic expands to Washington, Oregon
  • Tips for Greater Success

  • Go where you are celebrated
  • Hospital and IDN News

  • OSF St. Mary Medical Center selects DeKezel as president
  • UVA Health implements case management platform connecting healthcare orgs to community groups
  • Molina Healthcare to acquire certain assets of YourCare Health Plan for $40M, expand NY presence
  • GPO News

  • HealthTrust Europe appoints Dale Robinson as COO
  • News of the Weird

  • World's largest Ouija board appears in Salem
  • Market Research
    Physician-led ACOs outperform hospital-led counterparts
    New analysis from consulting firm Avalere found that physician-led ACOs in the Medicare Shared Savings Program (MSSP) outperformed hospital-led ACOs by a significant margin. The MSSP is Medicare’s largest alternative payment model and seeks to transition Medicare into a value-based environment. Low-revenue, physician-led ACOs reduced Medicare spending by $739 million in 2018. The analysis is based on data from CMS. It examined 548 ACOs in the MSSP alternative payment model. Avalere found that, on average, 235 low-revenue, physician-led ACOs generated $180.41 in net savings to Medicare per beneficiary in 2018, nearly seven times the Medicare savings per beneficiary generated by 313 high-revenue, hospital-led ACOs. Read more about the analysis here.
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    Hospital CEO turnover down in 2019, while overall CEO turnover up
    Challenger, Gray, & Christmas, Inc. (Chicago, IL), a global outplacement firm, has found CEO turnover is down 3% in its Healthcare/Products category from this time last year. However, the overall CEO turnover for other industries is the highest ever recorded by Challenger, Gray, & Christmas, Inc., which has been charting CEO turnover since 2002. The firm tracks CEO turnover at companies that have been in business for at least two years with a minimum of 10 employees. Read more here.
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    From the Publisher
    Get ready for flu season!
    Get ready for flu season! Baseball season may be ending (...well, over for us Braves fans), but flu season is just starting! Get caught up on everything you need to know about this year’s flu season – from the new testing methods available to codes and reimbursement changes. In this 10 minute podcast, Scott Adams talks with Jonathan Overbey, director of corporate relations and business development for Sekisui Diagnostics, about:
    • Flu testing product categories (lateral flow, reader, and POC molecular)
    • How to help your customers get the right product for their unique practice, based on their unique needs
    • Talking points for reps – no matter what your customers are using 
    • Diagnostic codes and reimbursement
    • And they clear up some misconceptions that persist about the various types of testing (Spoilers: Lateral flow readers are not molecular tests!)

    Listen to the podcast now!

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    Manufacturer News
    Medtronic launches first AI system for colonoscopy at United European Gastroenterology Week 2019

    Medtronic plc
    (Dublin, Ireland) announced the launch of GI Genius intelligent endoscopy module, the first system using artificial intelligence to detect colorectal polyps. The GI Genius module uses advanced artificial intelligence to highlight the presence of pre-cancerous lesions with a visual marker in real-time. To bring this technology to market, Medtronic entered a worldwide distribution agreement with Cosmo Pharmaceuticals. Cosmo Pharmaceuticals is the sole manufacturer of the artificial intelligent software and device. GI Genius intelligent endoscopy module is CE-marked and is available in select European markets. GI Genius intelligent endoscopy module does not have FDA clearance and is not available for sale in the U.S.
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    FDA clears ORTHO Sera ID-MTS for use on the ORTHO VISION Analyzer
    Ortho Clinical Diagnostics (Raritan, NJ) announced that ORTHO Sera, a suite of extended antigen phenotyping, was cleared by the FDA for use on the ORTHO VISION Analyzer. ORTHO Sera’s extended phenotype testing covers more than 99% of the most commonly tested blood group antigens, the company said. Allowing virtually all testing to be done on one platform, ORTHO Sera expands the testing menu on the ORTHO VISION Analyzer, driving greater value and efficiency for customers and delivering results in a maximum of 20 minutes, the company said.
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    Francis Medical appoints new chief medical officer
    Francis Medical (Minneapolis, MN), a privately held medical device company developing a proprietary water vapor ablation therapy for the treatment of patients with prostate, kidney and bladder cancer, has appointed Dr. Jonathan Jarow as its chief medical officer. He will lead Francis Medical’s clinical and regulatory efforts, including the VAPOR trials evaluating water vapor ablation as a minimally invasive treatment for prostate cancer. Francis Medical has received FDA approval of its investigational device exemption (IDE) application and expects to commence enrollment of the VAPOR I early feasibility study in November.
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    Drugs are back in B. Braun regional anesthesia trays

    Braun Medical Inc.
    (Bethlehem, PA) announced it has made significant investments to help ensure a stable drug supply to reduce the risk of tray backorders associated with market drug shortages. “We are committed to providing you and your patients an uninterrupted supply of Regional Anesthesia procedural trays,” said Pete McGregor, director of marketing for pain control. “B. Braun continues to add products to our robust therapy portfolio that address post-operative pain and help reduce the use of opioids.”
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    Provider Services News
    CVS Health's MinuteClinic expands to Washington, Oregon
    MinuteClinic, CVS Health’s (Woonsocket, RI) retail medical clinic, has launched telehealth programs in Washington and Oregon. MinuteClinic video visits cost $59 per appointment and provide patients with access to medical care 24/7 from their mobile devices. The service is now available in 32 states. Read more here.
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    Tips for Greater Success
    Go where you are celebrated
    In this week’s Tips for Greater Success, Dan Nielsen, founder of AmericasHealthcareLeaders.com and NIHCL.com, writes,  “We all bring unique talents, skills, expertise, experience, and personalities to the table. We each tend to “click” with some people really well, and with others not as well. And while it may take some of us awhile to discover and identify our unique niche in life, I believe we all have passions and interests and areas of work and service that fit us “like a glove.”
    “But I think that too often in life people find themselves in the wrong place and/or with the wrong people. They find themselves somewhere they just don’t “click,” no matter how hard they try. They keep pressing on, thinking this is just how life is, or that it’s as good as can be expected, but deep down they know something is missing. The danger with staying where you don’t fit is that…” (Continue reading)
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    Hospital and IDN News
    OSF St. Mary Medical Center selects DeKezel as president
    Lisa DeKezel, RN, has been selected to serve as president of OSF St. Mary Medical Center (Galesburg, IL), effective Nov. 18. She was previously VP of physician and outpatient services and a compliance officer at Hammond-Henry Hospital (Geneseo, IL). She has also served as a consultant to several healthcare systems. DeKezel succeeds Jennifer Junis, RN, who was appointed as SVP of OSF St. Gabriel Digital Health.
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    UVA Health implements case management platform connecting healthcare orgs to community groups
    The University of Virginia (UVA) Health System (Charlottesville, VA) has integrated a digital referral network with its EHR to better connect patients with community resources that address their social determinants of health needs (SDOH). Pieces Iris is a cloud-based case management platform that helps communities target SDOH. It aims to connect healthcare organizations with community groups to jointly improve SDOH. UVA Health will be able to increase collaboration and communication with the participating organizations on behalf of its patients and residents.
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    Molina Healthcare to acquire certain assets of YourCare Health Plan for $40M, expand NY presence
    Molina Healthcare (Long Beach, CA) has entered into a definitive agreement to acquire certain assets of YourCare Health Plan, a nonprofit subsidiary of Monroe Plan for Medical Care, for $40 million. Molina will assume the right to serve approximately 46,000 Medicaid members in seven counties in the Western New York and Finger Lakes regions. Monroe and its affiliate MP CareSolutions will continue to provide certain management and administrative services related to member care and provider relations. Read more here.
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    GPO News
    HealthTrust Europe appoints Dale Robinson as COO
    HealthTrust Europe has appointed Dale Robinson as COO. In this role, Robinson will lead the strategic direction of the GPO and oversee programs “to further integrate providers and suppliers in advancing clinical excellence,” the company said. Robinson joined HealthTrust Europe as a legal adviser in 2012 specializing in public procurement law.
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    News of the Weird
    World's largest Ouija board appears in Salem
    Just in time for Halloween, a gigantic Ouija board has found a home in Salem, MA. Measuring 3,168 square feet and weighing more than 9,000 pounds, the world's largest Ouija board known as Ouijazilla debuted Saturday via the Talking Board Historical Society in Salem -- the infamous site of witch trials back in the 1600s. Ouijazilla was made using 99 sheets of plywood covered in 20 gallons of wood stain and paint. To use the board, players ask Ouijazilla questions and then maneuver a 400-pound planchette using a huge pencil to spell out the answers that come from beyond the veil. Ouijazilla is based on the same design created by William Fuld in 1917 and reproduced in 1967 by Parker Brothers board game company. Ouijazilla now holds the record as the world's largest Ouija board, beating out the 2016 record holder, the Grand Midway Hotel in Windber, PA.
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