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September 20, 2019

Market Research

  • Infection control an issue at some ambulatory surgery centers, OIG says
  • Hospitals earn greater profit than pharmaceutical manufacturers from physician-administered drugs
  • Sponsored

  • Health o meter Professional Scales introduces height rod redesign
  • Manufacturer News

  • Integra LifeSciences announces results of Cadence Total Ankle System retrospective study
  • FDA approves cobas Babesia, Roche's first whole blood test for donor screening
  • Provider Services News

  • Centene, WellCare receive 17-state approval for $17.3B merger
  • Tips for Greater Success

  • Learn From Others, They Will Learn From You
  • Hospital and IDN News

  • Consortium expected to bid for Philadelphia children's hospital bows out
  • Erlanger names William Jackson as CEO and president
  • NYU Langone Health improves operations using Amazon, Google methods
  • GPO News

  • Premier Inc. receives national recognition for ERP solution
  • Vizient honors Community Partners of Dallas with 2019 Norman Borlaug Humanitarian Award
  • News of the Weird

  • Thieves steal $5M gold toilet from London museum
  • ESPN's College GameDay beer sign raises money for Iowa children's hospital
  • Market Research
    Infection control an issue at some ambulatory surgery centers, OIG says
    During their most recent state-government inspection, 77% of ambulatory surgery centers had at least one violation, and 25% of them had serious deficiencies, according to a new report from the HHS Office of the Inspector General. Infection control was more common than other issues, with states citing 55% of ASCs with one or more deficiency.
    From 2013-2017, infection control issues were the most frequently cited type of deficiency, making up about one-fifth of all violations, OIG reported.
    Infection control was also a recurring issue among patient complaints, ranking as the second most common category of complaint (24%) after quality of care and treatment (35%). During the same time period, state governments substantiated nearly half of the 632 complaints they investigated through on-site evaluations, according to the OIG (Continue reading)
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    Hospitals earn greater profit than pharmaceutical manufacturers from physician-administered drugs
    According to analysis from the physician-led consultancy firm Partnership for Health Analytic Research, for every $100 spent on physician-administered drugs in the outpatient setting, the hospital retained $58, while the drug maker retained $42. The report compared how much of the gross profit of physician-administered drugs physician offices retained in comparison to hospital outpatient settings. It found that while physician offices and hospital clinics treat a similar number of patients in the commercial market, hospitals received a larger share of the gross profit margin compared to physician offices, which retained just 9%. Researchers concluded that the discrepancy indicates that commercial payers reimburse hospital clinics at a higher rate. Also, the discrepancy may be explained by the fact that hospital clinics are eligible for discounts not offered to physician clinics, including the 340B program. Read the report here.
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    Sponsored
    Health o meter Professional Scales introduces height rod redesign
    Health o meter Professional Scales announces an enhanced height rod design for the 1100KLHR scale and PROPLUSROD accessory. These products will now feature the Health o meter Professional 201HR height rod along with simple, weigheasier mounting brackets. The 201HR features a durable height rod construction and an easy-slide headpiece that allows caregivers to quickly and effortlessly measure and read a patient’s height. The 201HR upgrade also provides an increased measuring range of 2”-90” in 1/8” increments (6 cm-230cm in 1mm increments). The new and improved 1100KLHR and PROPLUSROD are available for purchase through Health o meter Professional Scales authorized distributors. Visit homscales.com or call 1-800-815-6615 for more information.
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    Manufacturer News
    Integra LifeSciences announces results of Cadence Total Ankle System retrospective study
    Integra LifeSciences Holdings Corporation (Plainsboro, NJ) announced positive findings from its Cadence Total Ankle System retrospective study. Study investigators reported that patients suffering from end-stage arthritis experienced improvements in quality of life, functional measures, and pain when treated with the Cadence prosthesis. In addition to this retrospective study, Integra also recently completed target enrollment ahead of schedule for two post-market studies – the U.S. and European Cadence Total Ankle System clinical studies. These studies are the first multi-center prospective studies ever conducted on the Cadence Total Ankle System. The Cadence Total Ankle System was launched in 2016. These clinical studies are designed to understand performance and survivorship of the Cadence prosthesis in cemented (U.S. study) and uncemented (European study) surgical techniques and explore how Cadence addresses common clinical concerns such as loss of bone support and high complication rates associated with ankle arthroplasty.
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    FDA approves cobas Babesia, Roche's first whole blood test for donor screening
    Roche (Basel, Switzerland) received FDA approval for the cobas Babesia test for use on the cobas 6800/8800 Systems for individual blood donation testing. This is Roche’s first commercially available whole blood test to screen donations and follows May 2019 FDA-updated industry guidance recommending screening and testing for Babesia, to reduce the risk of transmitting the parasite through transfusions. cobas Babesia detects parasites that live in red blood cells. This test is an important advancement because the Babesia parasite cannot be detected in traditional plasma or serum samples, the company says. The test is able to detect the four common species of Babesia and employs the new whole blood collection tube, which simplifies Babesia sample preparation by consolidating steps within the tube itself to provide an efficient solution for testing laboratories.
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    Provider Services News
    Centene, WellCare receive 17-state approval for $17.3B merger
    Centene Corp. and WellCare Health Plans have received approval from 17 states to combine operations. The $17.3 billion merger was announced in March. They expect the transaction to be completed by the first half of 2020. The following states approved the merger: Alabama, Arkansas, Florida, Kansas, Kentucky, Maine, Michigan, Mississippi, Missouri, Nebraska, New Hampshire, North Carolina, Oklahoma, South Carolina, Tennessee, Vermont and Washington.
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    Tips for Greater Success
    Learn From Others, They Will Learn From You
    In this week’s Tips for Greater Success, Dan Nielsen, founder of AmericasHealthcareLeaders.com and NIHCL.com, writes, "We all face challenges. We all experience hardships, disappointments, and losses. Everything we go through teaches us something; we discover our strengths, identify our weaknesses, learn what we’re made of, and find out who we can depend on.
    "No matter how we overcome adversity, the act of overcoming it teaches a lesson—a lesson that not only benefits us, but can also help others traveling the same road..." (Continue reading)
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    Hospital and IDN News
    Consortium expected to bid for Philadelphia children's hospital bows out
    A consortium of four health systems that was expected to submit a bid for St. Christopher’s Hospital for Children in Philadelphia bowed out of the auction. Instead, the hospital received two takeover bids, including one from Tower Health (West Reading, PA) and Drexel University (Philadelphia, PA) and another from KPC Global (Santa Ana, CA). The Philadelphia-based consortium, led by Jefferson Health, teamed up in July to explore acquisition of St. Christopher’s, but did not submit a bid. It also included Einstein Healthcare Network, Philadelphia College of Osteopathic Medicine and Temple Health.
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    Erlanger names William Jackson as CEO and president
    Erlanger (Chattanooga, TN) has named its CMO, Dr. William Jackson, as CEO and president of the public health system after it reached a separation agreement with former CEO Kevin Spiegel. Jackson has been Erlanger’s CMO for close to four years and previously served as CMO for Inova Alexandria Hospital (Alexandria, VA).
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    NYU Langone Health improves operations using Amazon, Google methods
    NYU Langone Health (New York, NY) has used randomized quality improvement projects to evaluate the effectiveness of routine patient care processes. Its findings were reported in The New England Journal of Medicine. Companies in the private sector such as Amazon and Google have often used these tactics in their workflow, but it is uncommon in the healthcare industry. The projects were implemented across inpatient units, outpatient offices and the emergency department at NYU Langone, focusing on improving care after hospital stays and capturing patient-reported outcomes. They did not require specialized tools or databases and were designed to be easy to implement. For example, one project tested the effectiveness of post-discharge phone calls to patients and showed that the calls were ineffective as patients who received the calls came back to the hospital at the same rate as patients who did not receive the calls.
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    GPO News
    Premier Inc. receives national recognition for ERP solution
    Premier Inc.’s (Charlotte, NC) enterprise resource planning (ERP) solution was recognized by KLAS Research, a healthcare IT data and insights company, and the Healthcare Financial Management Association (HFMA), the United States’ premier membership organization for healthcare finance leaders. In KLAS’s ERP 2019: Performance in the Cloud report, Premier’s ERP solution was named a top performer when compared to other offerings in the market using KLAS’s standard evaluation process, which is comprised of six customer experience pillars: culture, loyalty, operations, product, relationship and value. Additionally, HFMA added Premier’s ERP solution to its Peer Review Healthcare Business Solutions Short List, which recognizes healthcare products and services that earn top ratings following a thorough evaluation process. Learn more here.
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    Vizient honors Community Partners of Dallas with 2019 Norman Borlaug Humanitarian Award
    Vizient, Inc. (Irving, TX) selected Community Partners of Dallas as the winner of its annual Norman Borlaug Humanitarian Award honoring the organization’s work helping abused children. Vizient presented the award, which included a $50,000 grant, Sept. 18 at the 2019 Vizient Connections Education Summit in Las Vegas. Vizient’s humanitarian award is named for the late Dr. Norman Borlaug, an agronomist who was known as “the man who saved a billion lives” for his revolutionary approach to plant breeding that resulted in a wheat variety that exponentially increased yields while actively resisting drought and disease. Borlaug dedicated his life’s work to finding ways to end famine and feed the world’s hungry. Borlaug was one of only six people awarded the Nobel Peace Prize, the Presidential Medal of Honor and the Congressional Gold Medal.
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    News of the Weird
    Thieves steal $5M gold toilet from London museum
    Burglars have stolen a fully-functional 18-carat gold toilet from Britain’s Blenheim Palace, where it had been installed as an art exhibit. The toilet, valued at more than $5 million, was part of an exhibition of work by Italian conceptual artist Maurizio Cattelan which opened two days ago at the stately home 60 miles west of London, a major tourist attraction. The toilet, named was previously on display in a cubicle at New York’s Guggenheim Museum, where more than 100,000 visitors were able to use it. Thieves with at least two vehicles broke into the palace, the birthplace of World War Two leader Winston Churchill, and removed the toilet some time before 5 a.m. “Due to the toilet being plumbed in to the building, this has caused significant damage and flooding,” Detective Inspector Jess Milne added in a public statement. Police said they had arrested one 66-year-old man in connection with the theft, but had not recovered the artwork.
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    ESPN's College GameDay beer sign raises money for Iowa children's hospital
    Iowa State fan Carson King traveled to Ames, Iowa, for the annual Iowa-Iowa State football game this past Saturday, where ESPN was hosting its pregame college football show “College GameDay.” He brought a sign with him that read, “Busch Light Supply Needs Replenished – Venmo – Carson-King-25,” in case he appeared on television. He did and raised $400 in the first hour. When that dollar amount quickly rose into the thousands, he decided to give the donated money to the University of Iowa Stead Family Children’s Hospital (Iowa City, IA). King plans to keep the Venmo account open until the end of September.
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