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May 21, 2018

Government News
  • CMS rejects Ohio's request to waive ACA individual mandate
  • GPO News
  • Premier statement on the FDA naming drug companies accused of blocking generics
  • Howard Univ. Hospital becomes newest academic health system member of Premier Inc
  • Provider Services News
  • EY announces BroadJumps David Ricker as a finalist for the Entrepreneur Of The Year 2018 Award in the Southwest region
  • Distributor News
  • Henry Schein rises to #238 on the FORTUNE 500
  • From Repertoire Magazine
  • RepConnect presents a NEW 2-Minute Drill on Microstream Capnography Monitoring
  • Hospital and IDN News
  • Detroit Medical Center to sell outpatient pharmacy business to Walgreens
  • Government News
    CMS rejects Ohio's request to waive ACA individual mandate
    CMS rejected Ohio's request to become the first state to waive the ACA individual mandate that requires residents to have health insurance. Ohio's Legislature called for a 1332 innovation waiver last summer, before Congress zeroed out the financial penalty for not having coverage in its tax bill in December. But the waivers must follow provisions of the ACA that require the number of people covered remains the same and that their benefits remain comprehensive. The CMS said Ohio did not meet those requirements. State officials also never provided a reason why they should be exempt from the individual mandate.
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    GPO News
    Premier statement on the FDA naming drug companies accused of blocking generics
    "We loudly applaud FDA's proactive leadership to promote competitive markets by calling out manufacturers that abuse well-intentioned programs like the Risk Evaluation and Mitigation Strategy (REMS) so as to maintain market exclusivity. This is an encouraging development, and we hope it is the start of more such actions to promote transparency. Similarly, we encourage FDA to also call out manufacturer efforts to their extend market exclusivity by abusing citizens petitions and pay-for-delay tactics. We also call on Congress to enact the CREATES Act (S.974/H.R.2212) that will create a legally enforceable, clear process for generic manufactures to obtain product samples. Commissioner Scott Gottlieb deserves enormous credit for taking proactive steps, and we cheer him on to do more."
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    Howard Univ. Hospital becomes newest academic health system member of Premier Inc
    Howard University Hospital (HUH) (Washington, DC) has chosen Premier Inc (Charlotte, NC) to support its total cost management and quality improvement efforts using a suite of supply chain and performance improvement solutions, analytics and consulting services. As a new Premier member, HUH and Howard University will leverage Premier’s group purchasing organization to improve efficiencies and lower operating costs. HUH will use advanced cloud-based analytics in the PremierConnect performance improvement platform to aggregate, standardize and analyze spend and utilization data, delivering full visibility into system-wide cost savings opportunities. Additionally, Premier’s consultants will work with HUH to drive and sustain efficiencies that streamline operations and optimize supply chain performance across its organization while maintaining or improving quality. The financial terms of the enterprise-wide agreement were not disclosed
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    Provider Services News
    EY announces BroadJumps David Ricker as a finalist for the Entrepreneur Of The Year 2018 Award in the Southwest region
    EY announced that David Ricker, founder and CEO of BroadJump, is a finalist for the Entrepreneur Of The Year 2018 Award in the Southwest region. The awards program recognizes entrepreneurs who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities. Award winners will be announced at a special gala event June 23, 2018 at the Hilton Anatole in Dallas, Texas. “I’m honored to be among the finalists,” says Ricker. “It’s rewarding to be validated at such a high level for our team’s contributions in transforming the healthcare industry.” BroadJump provides technology and expertise to hospital systems, “bringing unprecedented pricing transparency throughout the supply chain.” Its tools enable hospitals to save on non-labor costs by providing insight into materials pricing and bringing power back to hospitals for supplier negotiations.
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    Distributor News
    Henry Schein rises to #238 on the FORTUNE 500
    Henry Schein Inc (Melville, NY) announced that it has climbed to #238 in the FORTUNE 500 ranking, celebrating its 15th year as one of America's largest corporations. The company was ranked #243 in last year's edition of the FORTUNE 500. Henry Schein had net sales in 2017 of $12.5 billion. The FORTUNE 500 list is an annual ranking of America's largest corporations based on total revenues for their respective fiscal years.
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    From Repertoire Magazine
    RepConnect presents a NEW 2-Minute Drill on Microstream Capnography Monitoring
    Now on RepConnect – a new 2-Minute Drill on Microstream™ Capnography Monitoring.



    Click here or log in to the RepConnect app to view the new Drill!
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    Hospital and IDN News
    Detroit Medical Center to sell outpatient pharmacy business to Walgreens
    Detroit Medical Center, which is owned by Tenet Healthcare (Dallas, TX), entered into a definitive agreement to sell its outpatient and retail pharmacy business to Walgreens (Deerfield, IL) as part of its pharmacy reorganization plan. Officials expect to complete the transition by August. The financial details of the deal have not been disclosed.
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