McKesson (NYSE:MCK) agreed to pay $29 per share for PSS World Medical (NSDQ:PSSI) and its medical supplies business in a deal worth $2.1 billion.
McKesson to pay $2B for PSS World Medical | Wall Street Beat
Novation
GPO: Novation awards airway management contract to Intersurgical
National group purchasing organization Novation awarded a new agreement to Intersurgical for its i-gel supraglottic airway management device, the company announced today.
The i-gel system uses a gel-like thermoplastic cuff to seal the pharynx and esophageal opening in adults and pediatric patients, a change from traditional devices that use air to create a seal using inflation.
Tactile Systems touches $10M | Wall Street Beat
Tactile Systems Technology said it reeled in a $10.4 million Series B round led by Radius Ventures, with the proceeds to go toward acquiring "a leading new product" and patents for treating lymphedema, or fluid retention.
Hospital survey: Cost of healthcare supplies expected to increase 3% in 2013
Nearly 9 of 10 healthcare providers expect to freeze hiring or cut staff in the coming year, as cost pressures continue to mount for the U.S. hospital industry, according to a pair of new reports from group purchasing agency Novation.
The Irving, Tex.-based GPO released 2 reports this week showing that the economic picture for hospitals remains murky at best, with the overall cost of healthcare supplies expected to rise 2.9%. Novation represents more than 65,000 members of VHA Inc. and UHC, 2 national healthcare alliances, along with Provista LLC.
Medtronic: Defibrillator market is stabilizing | Wall Street Beat
Funding: Medical device companies raise $70M | Wall Street Beat
Four medical device companies reeled in more than $70 million in recent weeks, to develop technologies including a laser scalpel for minimally invasive surgeries, a peripheral vessel stapler, a thermal ablation system and a biliary stent.
Cambridge, Mass.-based OmniGuide led the charge with a $35 million round from Orbimed Advisors. OmniGuide chairman Yoel Fink told MassDevice.com in 2010 that the device uses the mirror technology he pioneered at the Mass. Institute of Technology in the 1990s.
Report: GPO Novation highlights St. Jude’s top 9 up-and-coming technologies
Group purchasing organization Novation put the spotlight on St. Jude Medical (NYSE:STJ) in the latest issue of the GPO’s EuroPCR report, CVWatch.
Healthcare group purchasers form global alliance to drive down costs
A team of 5 international healthcare group purchasing organizations, including U.S.-based Novation, joined forces to form the Global Healthcare Procurement Alliance.
The new partnership is committed to "continuing the dialogue and the expansion of the global effort to reduce health care supply chain costs," according to a press release.
Group purchaser Novation saves members more than $1B | MassDevice.com On Call
MASSDEVICE ON CALL — Group purchasing organization Novation this week celebrated having saved $1 billion for its members since the company’s founding.
Novation, which is owned by VHA Inc. and the University HealthSystem Consortium, represents more than 25,000 healthcare providers including hospitals, non-acute care centers and academic medical centers.
GPOs: Premier signs new contract with Carestream for imaging systems
Group purchasing organization Premier Healthcare signed a new contract with Carestream to provide diagnostic dental imaging systems to its 86,000-plus membership.
Premier has been offering Carestream imaging systems to its members since 2010, but the new contract extends the deal for another 3 years.
Medical device sales: Why GPOs rule the med-tech world – it’s the data, stupid
There’s ample evidence to suggest that the tip of the medical device industry’s spear is losing its point.
MassDevice.com, along with our channel partners at the Endovascular Forum, recently conducted a poll of endovascular specialists about the influence of medical device company sales reps on their decisions to use a specific device. The results were a bit stark, if you’re in medical device sales.
