Pharmacolog AB has signed an agreement with Capstone Health Alliance to enter a long-term cooperation with sales in the U.S. Under the agreement, the parties will work together to promote the WasteLog device for drug diversion prevention in the U.S. for Capstone members. Capstone Health Alliance is one of the nation’s largest regional Group Purchasing Organizations … [Read more...]
Posey awarded three new group purchasing contracts with Premier Inc.
Starting Aug. 1, 2020, health systems under the Premier National, ASCEND, and SURPASS contracts can enjoy access to a variety of Posey patient safety and falls management products, the company announced. Posey, a TIDI Products brand, offers a full continuum of falls management products, restraint and restraint alternatives, and patient safety solutions, including alarms and … [Read more...]
Vizient teams up with suppliers to offer remote patient monitoring solutions in wake of COVID-19
Vizient, Inc. (Irving, TX) is partnering with suppliers to provide relief for hospitals from the strains of delivering patient care, monitoring and rehabilitation services brought on by COVID-19. The GPO says that the new resources and technology offerings “address hospitals’ immediate and unique needs but are also designed as sustainable approaches to care delivery and … [Read more...]
Intalere and Kurin, Inc. form agreement for Kurin Lock to impact contaminated blood cultures
Kurin Inc. (San Diego, CA) was awarded a contract by Intalere (St. Louis, MO) for the Kurin product line. Effective July 1, 2020 the new three-year agreement allows Intalere members to take advantage of special pricing and terms for the FDA 510(k) cleared line of products. “Kurin’s revolutionary and disruptive approach automatically and passively corrals potential … [Read more...]
Yankee Alliance President, CEO Spinney to retire at end of 2020
Cathy Spinney, president and CEO of Yankee Alliance, is set to retire in December after 30 years with the GPO. Spinney has played an integral role in the growth of the organization, serving in various capacities. She was unanimously voted president and CEO by the board of directors in September 2017. Yankee Alliance membership has grown from 1,200 to more than 1,800 members in … [Read more...]
New Purchased Services GPO launched by HealthTrust and Valify
HealthTrust (Nashville, TN) and Valify (Nashville, TN) have launched Valify Solutions Group (VSG), the first purchased services group purchasing organization (GPO) for healthcare. According to the companies, the new GPO leverages the largest data-driven market intelligence from $460 billion in categorized purchasing volume to generate savings for its members. Valify … [Read more...]
Premier Inc.: Closing the Gap Between Drugs Purchased and Drugs Charged
From the Premier Inc. blog: "Health systems concerned about the financial impact of COVID-19 are strategizing recovery options that may include rapid margin improvement or a shift toward more value-based payment models. Key to recovery will be tactics that do not just reduce expenses, but also grow revenue.A health system’s pharmacy is ripe with these types of opportunities. … [Read more...]
Premier, Inc.: Getting Back to Regulatory Readiness
From the Premier, Inc. blog: "COVID-19 interrupted many organizations’ daily operations – including, most likely, a reduced or suspended cadence of regulatory readiness planning. "Any regulatory readiness that’s been on pause, however, will need to pick up quickly. The Joint Commission announced it will begin resuming regular surveys and reviews this month. "Healthcare … [Read more...]
Vizient announces spot buy opportunities for PPE
Vizient Inc. (Irving, TX) announced new purchase opportunities through spot buys with contracted suppliers for certain personal protective equipment (PPE) for its member hospitals. Vizient’s spot buy strategy utilizes a variety of traditionally bid and no-bid contracted manufacturers, including non-healthcare manufacturers, to help expand capacity for essential products. … [Read more...]
Intalere launches Member Resources Express, an enhanced spend analytics & savings platform
Intalere (St. Louis, MO) announced the release of Member Resources Express, a streamlined, personalized version of Intalere’s Member Resources website, which the group purchasing organization (GPO) says maximizes the ability to reduce purchasing costs utilizing contract information, purchasing history and reporting. The Member Resources Express self-service experience … [Read more...]