HEALTH

Cardinal Health ranks No. 1 on Gartner’s ‘Healthcare Supply Chain Top 25’

BY Michael Johnsen

STAMFORD, Conn. — Gartner on Monday released the findings from its third annual "Healthcare Supply Chain Top 25," ranking Cardinal Health No. 1. The top 25 ranking for 2011 identifies organizations using their supply chains to improve the patient care experience.
 
"Value chain leadership in a range of foundational and collaborative capabilities has allowed these organizations to make great strides in enabling high-quality patient care at optimal economic cost," stated Barry Blake, research analyst at Gartner.
 
"This year we see commonality between the strategies supply chain organizations from across the different segments are pursuing," Blake said. "Supply chain and customer segmentation, working capital optimization, resiliency, talent management, standardization and, of course, collaboration are mentioned in nearly every strategic supply chain document we’ve reviewed."
 
Cardinal Health captured the No. 1 spot this year. A complex combination of connected businesses, Cardinal Health combines the varied strengths of a medical surgical distributor, a pharmaceutical wholesaler and a large manufacturer. Its financials, relative to peers, remained impressive, even though its return on assets dropped this year, and its inventory turn performance remained essentially the same. Cardinal made significant gains in the opinion component of the poll, a reflection of the credibility it has established with healthcare providers, manufacturers and the analyst community, Gartner stated. "Cardinal has the closest thing to a ‘one-stop shop’ in serving providers and gets credit for having a unique ability to support its trading partners."

BD, which ranked No. 3, moved into the Top 5 for the first time in Gartner’s ranking. Consistent financial performance in both ROA and inventory turns, along with a strong surge in peer recognition, particularly from healthcare providers, fueled its move up the ladder.
 
The top-25 rankings are:

  1. Cardinal Health

  2. Mercy

  3. BD

  4. Mayo Foundation

  5. Owens & Minor

  6. Johnson & Johnson

  7. Intermountain Healthcare 

  8. Abbott

  9. Novartis

  10. Geisinger Health Systems

  11. Cleveland Clinic 

  12. AmerisourceBergen

  13. Boston Scientific

  14. McKesson

  15. Bristol-Myers Squibb 

  16. BJC Healthcare 

  17. CVS Caremark 

  18. Baxter 

  19. Pfizer 

  20. AstraZeneca 

  21. UPMC 

  22. Alcon

  23. GlaxoSmithKline 

  24. Amgen 

  25. Kaiser Permanente

More detailed analysis is available in the report "The Healthcare Supply Chain Top 25 for 2011." For the full report, click here.


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Star Nutrition launches increased circulation socks for fitness enthusiasts

BY Michael Johnsen

CHICO, Calif. — Star Nutrition on Monday announced the launch of the PRO-3 Thin Sport Incredisocks to its Incrediwear portfolio. The PRO-3 Incredisocks are designed with a carbonized charcoal anion technology that increases circulation, which in turn improves performance, decreases foot fatigue and leads to faster recovery times.

"The PRO-3 socks were designed specifically with runners and cyclists in mind, but all athletes will benefit from their exceptional properties after wearing them," Star Nutrition CEO Jackson Corley said. "With the increased circulation to the feet, athletes can perform better for longer periods and their feet will recover more quickly. We believe the overall qualities of the new PRO-3 socks will change the way athletes think about footwear."

PRO-3 Thin Sport was specially designed to ensure that athlete’s feet are protected by an advanced sock that not only increases circulation by up to 17%, but also wicks away moisture and is antimicrobial.

The PRO-3 Incredisocks are available in three different cuts: the PRO-3 No Sho is the lowest, the Down Low rests mid-ankle and the Cut Above, which rise farther up the ankle.


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Nipro Diagnostics named Florida Manufacturer of the Year

BY Michael Johnsen

FORT LAUDERDALE, Fla. — Nipro Diagnostics on Thursday was recognized by the Manufacturers Association of Florida with the 2011 Manufacturer of the Year Award.

Nipro was recognized in the large-company (500+ employees) category. The award, based on evaluation of leading-edge management practices, manufacturing and process quality, and other performance-excellence criteria, was presented at the 2011 MAF Manufacturers Summit & Marketplace award ceremony. The criteria for winning Manufacturer of the Year includes leadership, strategic planning, customer and market focus, measurement, analysis and knowledge management, workforce focus and process management. The panel of judges visited each finalist company’s facility to evaluate organizational practices pertinent to the six judging criteria categories.

“This award is a tribute to the employees of Nipro Diagnostics,” Nipro president and CEO and Scott Verner. “We build excellence into every aspect of our operations, and this recognition exemplifies our dedication to manufacturing quality blood-glucose monitoring systems. I congratulate every employee who has helped us achieve and maintain our quality/value leadership position in our industry.”

Nipro Diagnostics — formerly Home Diagnostics Inc. — is a manufacturer and marketer of diabetes monitoring and management products with headquarters and manufacturing facilities here.

Nipro Diagnostics also announced the purchase of two buildings in Fort Lauderdale. The company will expand manufacturing, as well as other operations, in these two facilities. “The acquisition of these buildings solidifies our presence in South Florida and is another example of our commitment to growing our business,” Verner stated.


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