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Medical Specialties Distributors names branch managerInnerSpace launches System 100Inverness Medical Innovations acquires Matria HealthcareSTERIS Corporation launches Class 6 productsXoran Technologies receives MDEA for CT scannerFTC seeks injunction against Inova's acquisition of Prince William HealthHISCI launches Vendor Credentialing ModuleProfessional Women in Healthcare announces networking luncheonTenet announces company's new board of directorsPremier Purchasing Partners awards agreements for pain managementStock Watch| Distributor News | Medical Specialties Distributors names branch manager
Medical Specialties Distributors LLC (MSD) (Stoughton, MA) appointed Jameie Parker as the branch manager for Hanover Park, Illinois. She will oversee all biomed services and distribution operations in the greater Chicago area. Prior to joining MSD, Parker was the service manager for Leica Microsystems, North America. She has over 14 years of experience in the biomed service industry. | | | -back to top- | | Manufacturer News | InnerSpace launches System 100
InnerSpace Corporation (Grand Rapids, MI), a provider of storage and inventory solutions for the healthcare industry, launched the System 100™, which uses embedded Radio Frequency Identification (RFID) technology and biometric security access to track and account for supplies in real time. The technology automatically tracks items without the need for manual processes. System 100 is capable of interfacing with hospitals’ business systems to provide additional savings by streamlining processes and reducing errors. The system is equipped with a backup battery allowing the cart to be moved from room to room without compromising security or losing data. | | | -back to top- | Inverness Medical Innovations acquires Matria Healthcare
Inverness Medical Innovations Inc (Waltham, MA) completed its acquisition of Matria Healthcare Inc (Marietta, GA) for approximately $143.9 million, and approximately 1.8 million shares of Inverness Series B Convertible Perpetual Preferred Stock. Also, existing options to purchase Matria stock have been assumed by Inverness and have converted into options to purchase approximately 1.5 million shares of Inverness common stock. Matria provides health enhancement, disease management, and high-risk pregnancy management programs and services. Matria's common stock will no longer trade on the NASDAQ Global Select Market. | | | -back to top- | STERIS Corporation launches Class 6 products
STERIS Corporation (Mentor, OH) launched its first Class 6 products, the Verify® SixCess™ Steam Emulating Indicators and Test Packs, which are now available in the U.S. The Verify SixCess indicators are reliable, high-performing monitoring devices that provide faster final reads to allow the immediate release of all loads and all items within the load. Unlike biological indicators, chemical indicators provide immediate results indicating whether the sterilizer, cycle, load or instrument pack has been exposed to one or more of the required variables necessary for a particular sterilization process or cycle. | | | -back to top- | Xoran Technologies receives MDEA for CT scanner
Xoran Technologies Inc (New York, NY) received a 2008 Medical Design Excellence Award (MDEA) for its xCAT, a compact, mobile CT scanner. The MDEA is the only awards program that exclusively recognizes contributions or advances in the design of medical products. To streamline the imaging process and bring imaging to the patient, Xoran shrunk CT technology into an ultra portable device that is about 1/10 the weight of a full-body scanner. The 2008 MDEA Winners will be honored at a ceremony during the Medical Design & Manufacturing East Conference and Exposition on June 4 in New York City. | | | -back to top- | | Providers and Provider Services News | FTC seeks injunction against Inova's acquisition of Prince William Health
The FTC filed an administrative antitrust complaint that challenges Inova Health System's (Falls Church, VA) plan to acquire Prince William Health System (Manassas, VA), and commissioners authorized FTC lawyers to seek a preliminary injunction against the acquisition from a federal judge. The FTC complaint states that if Inova acquires Prince William Health, it will gain control of 73 percent of the hospital beds in northern Virginia. Also, Inova and Prince William have collectively collected 78 percent of inpatient revenue paid by commercial payers in 2006. The FTC argues that adding Prince William Hospital to Inova would diminish insurers' ability to negotiate lower rates. | | | -back to top- | HISCI launches Vendor Credentialing Module
The Healthcare Industry Supply Chain Institute (HISCI) (Washington, DC) announced the launch of its Vendor Credentialing Module. The online educational presentation provides an in-depth analysis of the vendor credentialing issue. HISCI hopes to develop discussions about the issue to help identify possible solutions. HISCI will distribute the module to its members over the next few days. | | | -back to top- | Professional Women in Healthcare announces networking luncheon
Professional Women in Healthcare (PWH) (Alexandria, VA) will hold an informal, interactive networking luncheon on June 5, 2008 at McCormick & Schmick’s, Perimeter Center, 600 Ashford Dunwoody Parkway, Dunwoody from 12:30 - 2:00. The event will feature roundtable discussions on timely professional and personal topics. Registration is $20 in advance or $25 at the door. To register, visit www.123signup.com/register or contact Kerry Cronin at 678-291-3167 or Micah Winkler at 770-263-5255 for more information. | | | -back to top- | Tenet announces company's new board of directors
Tenet Healthcare Corp (Dallas, TX) announced the names of ten directors who will serve one-year terms on the company's board. Gov. John Ellis “Jeb” Bush, Trevor Fetter, Brenda J. Gaines, Karen M. Garrison, Edward A. Kangas, Sen. J. Robert Kerrey, Floyd D. Loop, M.D., Richard R. Pettingill, James A. Unruh and J. McDonald Williams were all named to the board of directors. | | | -back to top- | | GPO News | Premier Purchasing Partners awards agreements for pain management
Premier Purchasing Partners LP (Charlotte, NC), the group purchasing organization of Premier Inc (San Diego, CA), awarded new agreements for pain management – local anesthetic to Curlin Medical Inc (Huntington Beach, CA); I-Flow Corporation (Lake Forest, CA); MPS Acacia (Brea, CA); and Stryker (Kalamazoo, MI). The 36-month agreements are effective March 1, 2008 and are available to both acute-care and continuum-of-care markets. | | | -back to top- | | Stock Watch | Stock Watch
Quotes last updated at 5/12/2008 10:15:31 AM EST
| Company |
Price |
Change |
Trends |
| Dow Jones Industrials |
12755.65 |
+9.77 |
Analyze |
| S&P 500 Index |
1387.11 |
-1.17 |
Analyze |
| NASDAQ Composite |
2447.04 |
+1.52 |
Analyze |
| AMERISOURCEBERGN |
41.32 |
+0.13 |
Analyze |
| ABBOTT LABS |
52.54 |
+0.76 |
Analyze |
| BAXTER INTL INC |
61.33 |
+0.08 |
Analyze |
| CR BARD INC |
90.80 |
-0.42 |
Analyze |
| BECTON DICKINSON |
86.20 |
-0.79 |
Analyze |
| BECKMAN COULTER |
67.32 |
+0.02 |
Analyze |
| BRISTOL MYERS SQ |
21.81 |
+0.10 |
Analyze |
| BOSTON SCIENTIFIC |
13.45 |
+0.03 |
Analyze |
| BOVIE MEDICAL CORP |
7.2299 |
-0.1901 |
Analyze |
| CARDINAL HEALTH |
54.31 |
+0.16 |
Analyze |
| CERNER CORP |
45.91 |
-0.34 |
Analyze |
| CONMED CORP |
25.54 |
-0.07 |
Analyze |
| COVIDIEN |
48.66 |
-0.13 |
Analyze |
| CARDIAC SCIENCE CORP |
9.62 |
-0.03 |
Analyze |
| DANAHER (METREX) |
77.18 |
+0.11 |
Analyze |
| DYNACQ HEALTHCARE |
6.03 |
0.00 |
Analyze |
| EXPRESS SCRIPTS |
69.80 |
-0.99 |
Analyze |
| ev3 INC |
9.49 |
+0.05 |
Analyze |
| GENERAL ELEC CO |
32.25 |
-0.02 |
Analyze |
| GENZYME CORP |
68.72 |
-0.82 |
Analyze |
| HEALTH MGMT |
7.26 |
+0.01 |
Analyze |
| HMS HOLDINGS |
20.43 |
+0.06 |
Analyze |
| HOLOGIC INC |
22.07 |
-0.11 |
Analyze |
| HILL-ROM HOLDINGS INC |
28.48 |
+0.03 |
Analyze |
| HENRY SCHEIN |
54.46 |
-0.71 |
Analyze |
| INTEGRA LIFESCIENCES HOLDINGS CORP |
40.39 |
-0.24 |
Analyze |
| ICU MEDICAL |
24.30 |
-0.02 |
Analyze |
| INVERNESS MEDICAL INNOVATIONS |
34.51 |
-0.05 |
Analyze |
| IRIS INTERNATIONAL |
14.36 |
+0.18 |
Analyze |
| JOHNSON & JOHNSON |
66.77 |
+0.22 |
Analyze |
| KINETIC CONCEPTS |
37.75 |
-0.30 |
Analyze |
| KIMBERLY-CLARK |
62.40 |
+0.05 |
Analyze |
| MASIMO CORP |
32.375 |
+0.725 |
Analyze |
| MCKESSON CORP |
57.30 |
-0.07 |
Analyze |
| MEDASSETS |
17.88 |
+0.33 |
Analyze |
| MEDICAL ACTION INDUSTRIES |
15.79 |
+0.07 |
Analyze |
| MEDTRONIC INC |
47.81 |
+0.02 |
Analyze |
| 3M COMPANY |
76.29 |
-0.03 |
Analyze |
| MERIT MEDICAL SYSTEMS |
14.70 |
+0.28 |
Analyze |
| MICROSOFT |
29.54 |
+0.15 |
Analyze |
| MYLAN LABS |
11.625 |
+0.205 |
Analyze |
| OMNICELL |
13.44 |
-0.15 |
Analyze |
| OWENS & MINOR |
45.62 |
-0.08 |
Analyze |
| PSS WORLD MEDICAL |
17.49 |
+0.27 |
Analyze |
| QUIDEL CORP |
15.34 |
+0.34 |
Analyze |
| SIEMENS AG |
116.14 |
+0.61 |
Analyze |
| STERIS CORP |
31.09 |
+0.14 |
Analyze |
| ST. JUDE MEDICAL |
40.99 |
+0.06 |
Analyze |
| SRI SURGICL EXP |
3.98 |
0.00 |
Analyze |
| STRYKER CORP |
64.01 |
-0.47 |
Analyze |
| TELEFLEX MEDICAL |
57.01 |
+0.20 |
Analyze |
| THERMO FISHER SCI |
56.72 |
+0.46 |
Analyze |
| ZIMMER HOLDINGS |
69.43 |
+0.13 |
Analyze |
| ZOLL MEDICAL |
32.66 |
-0.08 |
Analyze |
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