Brad Hilton to lead HIDA board for 2024
Brad Hilton has officially assumed the role of Chair of the HIDA Board of Directors for
“Our industry is special,” said Hilton. “What we do matters. We help providers on the front lines of healthcare that are taking care of our family, friends, and neighbors. I enjoy connecting and engaging with our colleagues and suppliers. I don’t think that is common in most industries. And that feels good!” 2024. He succeeds outgoing Chair Cara Skowronski, President of Delasco.
Brad Hilton has nearly 30 years of experience in the healthcare distribution industry, including 11 years at McKesson, currently as Senior Vice President of Primary Care sales and previously as SVP of Operations and Customer Experience.
Prior to that, Hilton spent 18 years at PSS World Medical as Chief Service Officer and SVP of Operations. He began his medical supply career at Hilton Surgical Supply in Houston, Texas, working for his father. He is a graduate of Texas A& M University and earned an MBA from the Kellogg School of Management at Northwestern University.
“Brad is an exceptional leader who has devoted his career to medical distribution,” said HIDA President & CEO Matthew J. Rowan. “His in-depth industry knowledge is a tremendous asset that will benefit HIDA and the industry as a whole.”
“Brad brings an up close and personal understanding of this industry’s growth,” said outgoing Chair Cara Skowronski. “He has lived it and played an important role in leading the change to what is now a world class supply chain. With his years of experience as a leader in medical distribution, he has the vision and experience to guide HIDA into the future. He is the right person to continue our momentum and serve our membership.”
Mercy acquires SoutheastHEALTH
SoutheastHEALTH has joined Mercy after receiving all necessary third-party regulatory approvals. The first noticeable change for patients and the community of these organizations moving forward together starts this week with the placement of new Mercy signage at locations across southeast Missouri.
The two health care systems signed a definitive agreement in August for SoutheastHEALTH to become a member of the Mercy system strengthening health care delivery across southeast Missouri through increased patient access to high quality care.
Co-workers with SoutheastHEALTH are now Mercy co-workers. Southeast Hospital in Cape Girardeau is now called Mercy Hospital Southeast, while Southeast Health Center of Stoddard is now Mercy Hospital Stoddard.
Henry Schein enters extremity segment of orthopedic market
Henry Schein, Inc. announced plans to enter the upper- and lower-extremities specialty segment of the orthopedic market in line with its long-standing strategy.
Henry Schein announced that it has signed an agreement to acquire a majority interest in TriMed, Inc., a global developer of solutions for the orthopedic treatment of lower extremities (foot and ankle) and upper extremities (primarily hand and wrist).
Headquartered in Santa Clarita, CA, TriMed had 2022 net sales of approximately $48 million. The transaction is subject to certain regulatory approvals and closing conditions, and is expected to be completed in the first quarter of 2024. Henry Schein expects the transaction to be neutral to 2024 non-GAAP earnings per share and accretive thereafter. Financial terms were not disclosed.
In addition, Henry Schein has entered into a strategic relationship with Extremity Medical LLC, an innovative medical device company focused on developing new products for fusion, fixation, and motion preservation in the orthopedic treatment of the lower extremities and wrist. Headquartered in Parsippany, NJ, Extremity Medical will operate as a separate, stand-alone company.