Abbott closes acquisition of Alere Inc
Abbott (Abbott Park, IL) announced it completed the acquisition of Alere Inc (Waltham, MA) on October 3. Terms of the acquisition were not disclosed, but previous estimated valued the transaction at approximately $5.3 billion. Abbott also completed its previously announced tender offer to purchase for cash all outstanding shares of Series B Convertible Perpetual Preferred Stock of Alere at a price of $402.00 per share of Preferred Stock.
PWH announces HIDA SHC scholarship recipient
Professional Women in Healthcare (PWH) (Alexandria, VA) announced Nikki Moore is the recipient of the HIDA Streamlining Healthcare Conference Scholarship. Moore is director, core accounting for McKesson. She has been in the healthcare industry for three years and is passionate about leadership and development. She was recently accepted into her company’s Women in Leadership program and has led various groups in her company through mentorship, development, and innovation. In addition to attendance to the Streamlining Healthcare Conference, she also receives a one year membership with PWH. Congratulations to Nikki Moore, an aspiring leader who is very deserving of the scholarship.
Vizient Inc names new president
Vizient Inc (Irving, TX) announced that president and CEO Curt Nonomaque plans to retire. He will remain in his current role with the company through March 31, 2018. Byron Jobe, Vizient’s current president, chief administrative and financial officer, has been named president and CEO of the company by the Vizient Board of Directors effective April 1, 2018.
Henry Schein Medical signs exclusive agreement with Terason
Henry Schein Medical (Melville, NY) announced that its Emergency Medical Services (EMS) business entered an exclusive agreement with Terason® (Burlington, MA) to distribute uSmart® 3200T NexGen, a portable ultrasound device that enables emergency responders to perform exams in emergency medical transport vehicles and aircrafts. Responders use uSmart 3200T to identify issues at the point-of-care, continue assessment during transport, and alert emergency room staff of relevant vitals. uSmart 3200T NexGen weighs less than five pounds, features proprietary SuperHarmonic™ Imaging capabilities with fast processing speeds, and an intuitive touchscreen design.
HHS Secretary Tom Price resigns
Health and Human Services (HHS) Secretary Tom Price resigned. His resignation came amid multiple investigations into his use of private charter and military jets to travel around the country at taxpayer expense. Price has led HHS since his confirmation in February. President Donald Trump had said multiple times leading up to Price’s resignation that he was “not happy” about the optics of Price’s travel. The White House said that Mr. Trump intends to designate Don Wright as acting secretary. Wright is currently deputy assistant director for health and director of the Office of Disease Prevention and Health Promotion at HHS.
Wildfires cause hospital closures in Northern California
Firefighters are battling more than a dozen wildfires across Northern California that forced more than 20,000 people to evacuate the region. The devastation was severe in Santa Rosa, Calif., where two hospitals were forced to shut down. Sutter Santa Rosa Regional Hospital and Kaiser Permanente Santa Rosa Medical Center were forced to evacuate Monday morning due to the fires. Sutter Santa Rosa transferred 70 patients and 130 patients were moved from Kaiser Permanente Santa Rosa to several other area hospitals.