eNews May 24, 2022

The latest news affecting you and your customers… from the Independent Medical Specialty Dealers Association

A bit of a stretch

Advocate Aurora and Atrium Health are betting that federal antitrust watchdogs will give a green light to their proposed merger, which would create a $27.1 billion nonprofit health system operating in six states, reports HealthLeaders. Advocate Aurora is based in Milwaukee, Wisconsin, and Downers Grove, Illinois. Atrium Health is based in Charlotte, North Carolina. The systems believe that their consolidation—which would create a footprint across Illinois, Wisconsin, North Carolina, South Carolina, Georgia, and Alabama—would not be contiguous, and would nullify anticompetitive concerns. The consolidated system would be headquartered in Charlotte and operate 67 hospitals and more than 1,000 ambulatory locations, supported by 148,000 employees, 7,600 employed physicians, 18,500 aligned and medical staff physicians, and 41,000 nurses.

 

Too many procedures?

U.S. hospitals performed more than 100,000 unnecessary and potentially harmful procedures on older patients between March and December 2020, according to a study by the Lown Institute, a healthcare think tank. The volume of eight low-value procedures in U.S. hospitals per Medicare claims:

  • Stents for stable coronary disease: 45,176.
  • Vertebroplasty for osteoporosis: 16,553.
  • Hysterectomy for benign disease: 14,455.
  • Spinal fusion for back pain: 13,541.
  • Inferior vena cava filter: 9,595.
  • Carotid endarterectomy: 3,667.
  • Renal stent: 1,891.
  • Knee arthroscopy: 1,596.

 

Patient and workforce safety

The National Steering Committee for Patient Safety issued the “Declaration to Advance Patient Safety,” urging healthcare leaders to recommit to advancing patient and workforce safety. The Declaration calls for leaders to take collective and coordinated action by 1) reviewing the 17 recommendations and tactics to advance patient safety presented in Safer Together: A National Action Plan to Advance Patient Safety; 2) identifying a senior sponsor and core team to evaluate the organization’s current state across four foundational areas prioritized as essential to total system safety; and 3) establishing and enacting strategies, tactics, and measure-and-improvement plans to sustain the organization’s performance on safety.

 

See and be seen

We look forward to welcoming you to the IMDA/HIRA Annual Conference, July 25-27, in suburban Chicago. Sponsoring a session or event will heighten your profile and enhance your networking opportunities among the professionals of IMDA and HIRA – the people who can help you build your market. Unable to attend in person? Don’t be forgotten! Display your support of IMDA and HIRA by becoming a sponsor. We’ll make sure your name is in front of all attendees. Find out more about sponsorship opportunities by contacting IMDA Executive Assistant Katie Sizemore or HIRA Executive Assistant Shannon Reddish.