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Articles by Neil S. Olderman
To Convert or Not to Convert: Our Take on Rural Emergency Hospitals | JD Supra
In response to the wave of rural hospital closures and financial difficulties, Congress created a new Medicare provider designation, the Rural Emergency Hospital (REH). The new designation was created in the Consolidated Appropriations Act of 2021, enacted December 27, 2020. REHs are designed to maintain critical emergency department and outpatient services in communities where small local hospitals or critical access hospitals are threatened with closure due to financial difficulties.
Small Pharma Perpetrates Big Fraud: $50 Million in TRICARE Fraud
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COVID-19 Case Studies: Supply Chain Leadership Solutions for Pandemic Preparedness | JD Supra
As part of our recent Health Care Amid and After COVID-19 webinar series, Faegre Drinker Partner Neil Olderman spoke to Brendan Schepis of Stamford Health and Suzzanne Thomson Quintero of Orlando Health to discuss each system’s COVID-19 experience and how institutions can change their supply chain operations to avoid future disruption of personal protective equipment (PPE) and other key supplies. Brendan Schepis is the executive director of supply chain at Stamford Health.
Main Street Nonprofit Organization Loan Facilities: Summary of Proposed Terms and Considerations | JD Supra
In early April, the Federal Reserve announced proposed terms for the Main Street Loan Program. The program is designed to provide small and medium-sized businesses that were in sound financial condition prior to the outbreak of the COVID-19 pandemic access to reasonably priced credit in light of market disruptions caused by the pandemic.
Main Street Nonprofit Organization Loan Facilities: Summary of Proposed Terms and Considerations
Monday, June 22, 2020 In early April, the Federal Reserve announced proposed terms for the Main Street Loan Program. The program is designed to provide small and medium-sized businesses that were in sound financial condition prior to the outbreak of the COVID-19 pandemic access to reasonably priced credit in light of market disruptions caused by the pandemic.
The Dental Supply Industry Needs a Thorough Cleaning
The nation’s three top leaders in the dental equipment and supplies industry—Henry Schein, Patterson Companies, and Benco Dental—are under fire from a slew of claims alleging deceptive and anticompetitive behavior. These claims stem from a variety of sources, including dental practices, dental labs, state attorneys general, and even the Federal Trade Commission (FTC).
Business Models to Advantage Amazon in Creating More Value for Hospital Customers
Saturday, November 17, 2018 In a previous article, we analyzed Amazon’s exploration of health care supply chain entry points and identified the challenges Amazon would face in attempting to become a major supplier to medium-sized and large health systems.
Lessons to be Learned from Amazon’s Step Back from Entry into the Hospital Supply Chain
Until recently, Amazon was making a series of moves to expand its current business of supplying health care commodities to small clinics and ambulatory surgical centers by getting into the drug and advanced medical device supply chain and expanding its clientele to include larger hospitals and health systems.1 Amazon promised to be “something new”2 for hospital and outpatient clinic purchasing departments.
Addressing GPO Concessions in your Participation Agreement
By 2022, Group Purchasing Organizations (GPOs) are estimated to save the U.S. health care system as much as $864.4 billion.1 While traditionally relied on exclusively for volume contracting, they often have more to offer than mere bulk pricing. Like others in the health care industry, GPOs continue to innovate and collaborate with their members to meet evolving demands by using tools, such as financial guarantees and fixed rates, to improve margins.
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