Value-based payments are, essentially, a capped fee. So to succeed with a value-based payment model, it's about how efficiently and effectively you can deliver care within that capped fee that determines if you can maintain a profitable health system.
Intermountain Healthcare and devicemaker Ethicon, a subsidiary of Johnson & Johnson, are partnering to reduce waste by improving the reprocessing cycle for medical devices. The practice saves money and informs improvements on the design of products.
Brent Johnson, the outspoken CEO of Intalere, will retire next week, the company announced Wednesday. Johnson will stay on as an adviser until July 1, at which point he plans to serve in a mission for the Mormon Church in Oaxaca, Mexico.
Federal prosecutors say a drug and medical device manufacturer has agreed to pay up to $7.8 million for selling contaminated syringes.
Four major health systems have joined forces with two environmental organizations to launch a purchasing cooperative focused on “green” products that could compete with traditional group purchasing organizations.
McKesson Corp. announced two deals with big-box chain Wal-Mart Stores that are expected to boost the healthcare giant after recent struggles.
Several years ago our team was asked to establish a protocol for prolonged mechanical ventilation. Our unit at DeKalb Medical in Georgia specializes in mechanical ventilation. Patients receive physical, occupational, speech and nutritional therapies as well as pain management and help with anxiety.
Technology-related acquisitions fueled a third-quarter increase in earnings for Premier, the Charlotte, N.C.-based healthcare group purchasing and performance improvement company.
Hospitals—having spent the better part of the past decade working with their surgeons to narrow the variety of cardiovascular, orthopedic and other implants used in their operating rooms—are now looking for new ways to cut expenses related to these high-cost items.
Executives at AmerisourceBergen Corp. are concerned about the company's future, even though revenue growth was moderately positive this quarter.
Fourth-quarter and full-year earnings soared at healthcare giant McKesson Corp., mostly due to the absence of previous acquisition-related charges.
Suppliers and GPOs seem to have come down with a case of conference fatigue from attending a growing number of conferences and events. GPOs have decided that their own conference just isn't worth it from a sales perspective.