NEWS
Contracting News & Notes Recent headlines and trends to keep an eye on
services provider specializing in protect-
Premier Inc. (Charlotte, NC) recently
tacks. The group purchasing contract also
issued a statement to CMS to recommend
benefits members of Provista, Vizient's
that, in light of its success, the Next
supply chain partner serving the non-acute
Generation Accountable Care Organiza-
market. Under the terms of the agreement,
tion (NGACO) program be extended or
CI Security will offer its Critical Insight
adapted. The NGACO model requires
Managed Detection and Response solution
participants to take the greatest level of
to Vizient and Provista members via their
financial risk of any ACO model, Premier
group purchasing portfolio to provide criti-
said. And yet, the organization recently
cal insight into the health of their security
announced that NGACOs reduced
posture and the ability to lower the impact
Medicare spending by $242 million in in
of cyberattacks through real-time threat
HealthTrust, Community Hospital Corporation renew exclusive supply chain relationship
2018, achieving nearly $221 million in
detection, investigation, and response.
HealthTrust (Nashville, TN) and Commu-
ing networks of healthcare organizations and critical infrastructure from cyberat-
Henry Schein Lilly MetroHealth Premier Inc Kaiser Permanente Kimberly-Clark UPMC Vizient Inc
net shared savings. NGACOs that are
nity Hospital Corporation (CHC) (Plano,
organized in Premier’s data-driven col-
TX) have signed a long-term partnership agreement to strengthen the operating
of $63 million in shared savings. The
IDNs, GPOs, and healthcare suppliers and distributors named to 2020 list of World's Most Ethical Companies
NGACO model is scheduled to sunset at
Ethisphere has announced its 2020 list of
or advises more than 100 acute care and
the end of this year. Premier has called on
the world’s “Most Ethical Companies.”
post-acute hospitals and healthcare facili-
CMS to build on these successes by either
This years list recognized 132 companies
ties. The contract renewal with Health-
extending the NGACO program or bet-
“for setting the global standards of busi-
Trust preserves the support structure and
ter adapting the new Direct Contracting
ness integrity and corporate citizenship.”
resources these community hospitals and
laborative realized nearly 30% of these savings, reducing total spending by more than $70 million and earning in excess
between models for NGACOs.
CI Security awarded contract with Vizient, Inc. to provide managed detection and response services CI Security (Seattle, WA) was awarded a group purchasing contract with Vizient, Inc. (Irving, TX). CI Security is a Managed Detection and Response (MDR)
performance of community-based hospitals. CHC is a nonprofit organization that owns, manages, consults with and/
non-acute providers have come to depend
Model to provide a stepwise progression
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Premier recommends modifications to Medicare Direct Contracting Model
The list includes 15 healthcare related
on to manage the escalating costs of
companies, including:
healthcare delivery, the company said.
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3M Baptist Health South Florida
Colgate-Palmolive Company
HCA reverses decision to close Plantation General Hospital when it opens new 200-bed facility next year
Covenant Health
HCA Healthcare (Nashville, TN) an-
HCSC (Health Care Service
nounced it no longer plans to close
Corporation)
Plantation General Hospital (Plantation,
blue California CareFirst Cleveland Clinic
April 2020 | The Journal of Healthcare Contracting
