Creating an electronic medical device system and changing processes comes at a cost, but based on the workgroup’s research, there is a sizeable ROI for all involved. To help organizations estimate their own savings, the LUC workgroup has created cost calculators for each of the key parties: manufacturers, distributors and providers. If you consider that there have been an average of 2,900 recalls per year since 2014, even if a provider only handled one-quarter of those recalls (725) and at the lowest estimated cost ($480), the annual savings would be nearly $350,000. Using a prototype medical device recall system developed by the work group, distributors estimated they could reduce time to handle
VALUE. DELIVERED. HEALTHCARE How to contact us
individual recalls from 50 to 30 hours, while manufacturers attribute their biggest costs to the notifi cation process and provider response time, both of which can be sig- nifi cantly streamlined with use of standard data and automated processes. But as with so many things in healthcare, the real bottom line cannot be measured in dollars. The most important and compelling reason is our collective ability to protect patient safety through better visibility, and faster response to adverse events and recalls. We will be able to minimize any negative impacts of care already delivered as well as the number of patients who could otherwise be treated with a faulty device. That’s deliver- ing value in healthcare. HPN
ADVERTISER INDEX Advertiser Page RS# Web
AESCULAP . . . . . . . . . . . . . . . . . . . . . . . 5 1
www.aesculapusa.com/greaterprecision CleanSpace Technology . . . . . . . . . . . . . . 3 2
www.cleanspacetechnology.com Cygnus Medical . . . . . . . . . . . . . . . . . . . 37 3
www.cygnusmedical.com Dale Medical Products Inc. . . . . . . . . . .BC 4
www.dalemed.com DSI Direct . . . . . . . . . . . . . . . . . . . . . . . 23 5
www.dsidirect.com Gojo Industries, Inc. . . . . . . . . . . . . . . . 31 6
GOJO.com/HPN7 Healthmark Industries . . . . . . . . . . . . . . 17 7
www.hmark.com Innovative Sterilization Technologies . . . 21 8
onetray.com Karl Storz Endoscopy . . . . . . . . . . . . . . . 19 10
www.karlstorz.com Key Surgical . . . . . . . . . . . . . . . . . . . . . 33 11
keysurgical.com Liebherr USA . . . . . . . . . . . . . . . . . . . . . 13 12
home.liebherr.com/lab McKesson . . . . . . . . . . . . . . . . . . . . . . . 11 13
mckesson.com/takecontrol Medela . . . . . . . . . . . . . . . . . . . . . . . . IBC 14
medelahealthcare.us MMIC Medical Systems . . . . . . . . . . . . . . 7 15
mmicmedical.com Ruhof Corporation . . . . . . . . . . . . . . . IFC 16
www.ruhof.com Ruhof Corporation . . . . . . . . . . . . . . . . . 1 17
www.ruhof.com
This index is provided as a service. The publisher does not assume liability for errors or omissions.
Statement of Ownership, Management & Circulation for HEALTHCARE PURCHASING NEWS Magazine Publication No. 1098-3716
HEALTHCARE PURCHASING NEWS published monthly in 2021, qualifi ed request circulation. Complete Mailing Address of Known Offi ce of Publication (Not Printer): Endeavor Healthcare Media I, LLC, 2477 Stickney Point Road, Suite 315-B, Sarasota, FL 34231. Complete Mailing Address of Headquarters or General Business Offi ce of Publisher (Not Printer): Endeavor Business Media, LLC, 331 54th Avenue North, Nashville, TN 37209. Full Names and Complete Mailing Addresses of Publisher, Editor, and Managing Editor: Publisher, Kristine Russell (Group Publisher); Rick Dana Barlow (Editor), Nancy Pasternack ( Man- aging Editor); Endeavor Healthcare MediaI II, LLC, 2477 Stickney Point Road, Suite 221-B, Sarasota, FL 34231. Owner (holding 1 percent or more) - Full name and complete mailing address: Endeavor Business Media, LLC (owns 100% of Endeavor Healthcare Media II, LLC), 331 54th Avenue North, Nashville, TN 37209; Endeavor Media Holdings I, LLC, 905 Tower Place, Nashville, TN 37205; Endeavor Media Holdings II, LLC; 905 Tower Place, Nashville, TN 37205; Reso- lute Capital Partners Fund IV, LP, 20 Burton Hills Blvd, Suite 430, Nashville, TN 37215; RCP Endeavor, Inc., 20 Burton Hills Blvd, Suite 430, Nashville, TN 37215; Northcreek Mezzanine Fund II, LP, A 312 Walnut Street, Suite 2310, Cincinnati, OH 45202; Invergarry Holdings, LP, 44235 Hillsboro Pike, Suite 300, Nashville, TN 37215, Everside Endeavor International Blocker, LLC, 10 Grand Central, 155 East 44 Street, Suite 210, New York, NY 10017 (each owns 1 percent or more of Endeavor Business Media, LLC). The known bondholders, mortgages, and other security holders owning or holding 1 percent or more of total amount of bonds, mortgages or other securities: None.
A. Total No. Copies
B. Paid and/or Requested Circulation 1. Paid/Requested Outside-County Mail Subscriptions
2. Paid In-County Subscriptions Stated
3.Sales Through Dealers and Carriers Street Vendors, Counter Sales, and Other Non-USPS Paid Distribution
4.Other Classes Mailed through the USPS
C. Total Paid and/or requested Circulation
D. Free Distribution by Mail 1. Outside-County 2. In-County
3. Other Classes Mailed Through the USPS
4. Copies Distributed Outside the Mail
E. Total Free Distribution F. Total Distribution
G. Copies not Distributed H. Total I.
Avg. number of copies each issue during preceding year
36,206 26,995 none
202 none 27,196
5,677 none none
82 5,760
32,956 204
33,160 Percent paid and/or requested circulation 82.52% I certify that the statements made by me above are correct and complete. Kristine S. Russell, Executive Vice President
copies of the single issue
36,210 27,504 none
206 none 27,710
5,534 none none
185 5,719
33,429 199
33,628 82.89%
Number of
PURCHASING EWS CLINICAL INTELLIGENCE FOR SUPPLY CHAIN LEADERSHIP
N
Kristine S. Russell, Publisher, Executive Editor Healthcare Purchasing News 2477 Stickney Point Road, Suite 315B Sarasota, FL 34231 Phone: (941) 259-0854 Fax: (941) 927-9588 Email:
krussell@hpnonline.com
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npasternack@hpnonline.com
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MIDWEST SALES Kristine S. Russell
Healthcare Purchasing News 2477 Stickney Point Road, Suite 315B Sarasota, FL 34231 Phone: (941) 259-0854 Fax: (941) 927-9588 Email:
krussell@hpnonline.com
WEST COAST SALES
Blake Holton Email:
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hpnonline.com • HEALTHCARE PURCHASING NEWS • October 2021 39
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