Good Afternoon,
If you enjoy National Accounts Weekly please share with your colleagues!
Please keep the good news coming! Let me know what you think of this edition of National Accounts Weekly!
John Pritchard
jpritchard@ShareMovingMedia.com
(770) 263-5262
Enjoy back issues of National Accounts Weekly by clicking
here
|
|
|
|
Steve Pohlman of Cleveland Clinic named to 10 People to Watch
|
Steve Pohlman
Senior Director, Materials Management
Cleveland Clinic
A native of Southwest Ohio, Steve Pohlman received his undergraduate degree in industrial engineering from the University of Dayton. He also holds an MBA from Wright State University. Prior to beginning his healthcare career in 1997, he worked in manufacturing in both the auto and welding industries.
He joined Cleveland Clinic as part of the Akron General Health System acquisition in 2015. Prior to that, he held many positions with Akron General Health System, including associate vice president of service operations, director of materials management, director of linen services, manager of procurement and purchasing, and manager of sterile processing. Before joining Akron General, he worked as a sourcing manager for Premier Health Partners in Dayton, Ohio. Currently, he and his wife reside in Northeast Ohio with their two children.
|
|
|
|
Adventist Health System announces plans to become AdventHealth
|
Altamonte Springs-based Adventist Health System (AHS), one of the largest faith-based health care systems in the United States, with nearly 50 hospital campuses and more than 80,000 employees, today announced that it will soon become
AdventHealth. With the name change, the health system will move to being one consumer-centric, connected and identifiable national system of care for every stage of life and health.
As part of this transition, all of Adventist Health System’s wholly-owned hospitals and hundreds of care sites across its footprint will adopt the AdventHealth name and logo beginning Jan. 2, 2019. The naming structure will allow consumers to more easily distinguish AdventHealth’s care locations and services. While its name is changing, the organization is not changing in ownership or business structure.
|
|
|
|
Hospital mergers produce modest Healthcare Supply Chain savings
|
Those of us living in the epicenter of the U.S. Supply Chain often forget that mega mergers are not happening to save on supplies. But it is a very real unintended consequence of these mega mergers to chase supply chain savings.
A new study reports the savings are less than expected and modest at best.
By the numbers:
- Data was from 1,200 Hospitals from 2009-2015
- Hospitals saved approximately 1.5% after integration or $176k per year
- PPI decreased by 2.6%
- Hospitals bought by systems with 51 Hospitals or more saw the most savings
|
|
|
|
Most hospital, clinic execs agree Amazon will 'disrupt' healthcare more than Apple, Google
|
Fifty-nine percent of executives from healthcare providers agree Amazon will be the most "disruptive" tech giant to enter the industry, according to a Reaction Data
report
.
Reaction Data surveyed 97 C-suite executives and directors from various provider organizations, including hospitals, long-term care facilities and specialty clinics, about their view of the future of healthcare.
|
|
Premier stock soars as fiscal 4th quarter earnings are announced
|
After Premier (
NASDAQ:PINC
) announced pleasing fiscal 2018 fourth-quarter and full-year results, shares jumped 12% as of 11:01 a.m. EDT Tuesday.
Here's a look at the key headline numbers from the company's fiscal fourth quarter:
- Fourth-quarter sales jumped 8% to $434 million. The increase was driven by a 10% increase in supply chain services and a 2% bump in performance services revenue. For context, Wall Street was only expecting $412 million in revenue, so the result was a nice beat.
- Non-GAAP net income rose 35% to $94.8 million, or $0.70 per share. That also compares favorably to the $0.66 in adjusted earnings that the pros had forecast.
|
|
|
|
|
SSM Health explores transfer of ownership for ministries in Mid- and Northwest Missouri
|
St. Louis-based SSM Health has signed letters of intent with two Missouri health systems to explore transferring ownership of its ministries in Jefferson City, Mexico and Maryville, Missouri.
The Catholic, not-for-profit health system is in exclusive discussions with University of Missouri Health Care (MU Health Care) to transfer ownership of its ministries in Mid-Missouri, which include SSM Health St. Mary’s Hospital - Jefferson City and SSM Health St. Mary’s Hospital - Audrain, as well as outpatient, home care, hospice and medical group locations throughout the region.
SSM Health is also in exclusive discussions with Mosaic Life Care, based in St. Joseph, Mo., to transfer ownership of SSM Health St. Francis Hospital - Maryville and affiliated outpatient, home care, hospice and medical group locations in the area.
|
|
|
|
Thanks for reading this issue of National Accounts Weekly! Let me know what you think!
You are now in the know!
John Pritchard
P.S. You can follow us on twitter @NatAcctWeekly
P.S.S.: Please forward this to your friends and colleagues. They can receive their own free subscription to National Accounts Weekly by
clicking here
.
|
|
|
|
|
|
|
