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Popular Articles
Hospitals Pursue Healthier Sourcing
Social Media & the Delivery of Healthcare
‘NHI tax introduction not immediate’
Three Lessons From Healthcare Procurement Applied More Generally
London NHS Trusts outsource buying to BMI
Coca-Cola supply chain helps medicine reach remote regions in Africa
Local procurement to boost South African drug industry
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Articles in category: Healthcare
JPMorgan: Takeover may value Adcock at R14bn
Explore iol.co.za (May 10 2013)
Johannesburg - Adcock Ingram Holdings, South Africa’s largest supplier of hospital products, may gain a further 12 percent from yesterday’s 30-month high after it got takeover offers, according to JPMorgan Chase. Adcock’s board has received non-binding proposals that could lead to an offer for the whole company or a controlling stake, the Johannesburg-based maker of Panado painkillers and Corenza cold medicine said yesterday. The stock rose 8.9 percent to 67.50 rand by the close in Johannesburg, its highest level since November 2010, valuing the company at $1.3 billion.
(Read Full Article)
Mentions: Africa South Africa Bloomberg
Bidvest’s 60% offer suggests backroom negotiating
The takeover battle between Bidvest and Adcock Ingram is turning into a ding-dong affair, and like many tough takeover battles, it is exposing an interesting and important part of takeover law. Just to recap a bit, here is what has happened so far. Bidvest, the widely diversified industrial group, sent Adcock, a pharmaceutical provider, a takeover proposal to acquire 60% of the company.......
(Read Full Article)
Mentions: India
Drug firms eye Africa as its health needs shift
Explore iol.co.za (Feb 13 2013)
For pharmaceutical firms, Africa is changing. Not only is the continent’s economic growth grabbing attention in boardrooms but the shifting nature of its disease burden is luring Big Pharma. Opportunities are opening up for treating chronic diseases afflicting the middle classes, rather than just firefighting infection. European firms in particular hope to reap rewards by investing early in a region where many of them already have historic commercial ties.
(Read Full Article)
Mentions: Reuters Africa South Africa
Competition authority approves Nestlé-Pfizer merger
The merger between the largest and third-largest companies in the South African infant milk formula market, Nestlé and Pfizer Nutrition, has been approved by the Competition Tribunal, but with a detailed list of conditions to alleviate concerns about lessening of competition and potential price increases. The tribunal found, in its investigation into the effect of the global transaction on the South African market, that Aspen was the only other major company in the country and that the merger would leave only two competitors in the market, increasing the likelihood of price increases.
(Read Full Article)
Glaxo supplier payment terms criticised
Explore Procurement Leaders Network (Jan 14 2013)
British newspaper, The Daily Telegraph, uncovered that GSK has begun extending its payment terms from 60 days at the end of last year to 90 days, a move which Phil Orford, chief executive of the Forum of Private Business said shows ’scant regard’ for small suppliers. One GSK supplier who spoke to The Daily Telegraph anonymously said: "This kind of borrowing from suppliers – whatever their size – is scandalous."
(Read Full Article)
Mentions: Dell
SA firms win big in HIV drug contract
Explore iol.co.za (Nov 30 2012)
South African drugmakers are the big winners in a $667 million contract to supply HIV drugs awarded this week by the government of Africa's largest economy, with three local companies taking nearly 60 percent of the deal. South Africa on Thursday awarded the two-year contract to 12 domestic and international firms to supply life-prolonging drugs to treat its biggest single health problem. Aspen Pharmacare, Africa's largest generic drugs maker, has won 20.6 percent of the contract, while smaller rival Adcock Ingram was awarded 14 percent, the health department said in a statement.
(Read Full Article)
Bad Pharma - procurement book review
Explore Dr Gordy (Nov 28 2012)
I suspect that Ben Goldacre's 'Bad Pharma' would not immediately come to mind as a recommended procurement read. Let me correct that misconception. While the book is primarily about the pharmaceutical industry, it has a sub-plot of market manipulation of buyers. It highlights how sales-forces, conferences, professional bodies, advertisements, magazine articles, and even academic journals are used to manipulate, within strategic marketing plans, to deliver sales. It is a book which should be read by every procurement manager, regardless of industry.
(Read Full Article)
Baragwanath may get trigeneration power plant
Explore Engineering News (Nov 16 2012)
Gauteng MEC for infrastructure development Qedani Mahlangu was exploring the feasibility of installing a gas-fuelled trigeneration power plant at the Chris Hani Baragwanath Hospital, in Johannesburg, to mitigate the facility’s power challenges. The MEC, who toured telecoms group MTN’s 2 MW, R22-million methane-powered plant at its Fairland offices on Friday, said that a trigeneration plant could reduce the hospital’s reliance on coal-fuelled power generation and its often unreliable boilers.
(Read Full Article)
Mentions: Johannesburg Gauteng
Plan to ease morphine procurement for use in pain relief
Explore Business Standard (Oct 4 2012)
The Indian government has planned changes in the Narcotic Drugs and Psychotropic Substances (NDPS) Act to make morphine easily available for use in patients. This comes in the wake of concerns that stringent regulations on the narcotic pain reliever bars access to it for those suffering from serious diseases such as cancer and HIV.
(Read Full Article)
Mentions: India
Coca-Cola supply chain helps medicine reach remote regions in Africa
Explore supplymanagement.com (Oct 2 2012)
Patients in three African nations will now receive AIDS, tuberculosis and malaria medicine through the Coca-Cola Company’s supply chain following the success of a pilot project in Tanzania. Since 2010, Project Last Mile has helped deliver life-saving drugs to Tanzanian’s through a more efficient supply chain by using Coca-Cola's proven logistics models.
(Read Full Article)
Mentions: Coca-Cola Africa Mozambique
Imperial spends R500m on pharmaceutical supply chain acquisition
Explore Engineering News (Sep 18 2012)
JSE-listed Imperial Holdings said on Tuesday that it would buy the pharmaceutical and consumer healthcare supply chain services business of RTT Health Science for R500-million.The businesses include RTT Medical, RTT Trans Africa, RTT Consumer Health and RTT Essentials, as well as 100% of Fuel Africa Logistics, RTT Kenya and RTT Ghana.
(Read Full Article)
Mentions: South Africa Kenya
Hospitals Pursue Healthier Sourcing
Explore mypurchasingcenter.com (Jun 7 2012)
Kaiser Permanente in Oakland, Calif., and Partners Healthcare in Boston, Mass., both report they are savings millions of dollars this year through substitution of components made from polyvinyl chloride (PVC) with products made from alternative chemistries…
(Read Full Article)
Aspen exceeding contract for ARV supply
Explore iol.co.za (Jun 1 2012)
Pharmaceutical company Aspen Pharmacare said that, in no way, could it condone the reported shortages of Tenofovir (TDF) in certain provinces and hospitals where patients are receiving ARV treatment. “These reports seem to have manifested again this week and some allegations have emerged that the contracted TDF suppliers are in part responsible for these shortages,” the company said.
(Read Full Article)
Start quickly to set up a strong supply chain
Explore supplymanagement.com (May 10 2012)
The logistics firm handling the supply chain for antiretroviral drugs in South Africa adopted a 'learn by doing' approach to distribution. Speaking at the CIPS Pan African Conference in Johannesburg this week, Dr Iain Barton explained in order to establish a strong supply chain for antiretroviral drugs for HIV patients in South Africa, the company got up and running quickly in order to gather data and refine demand forecasting.
(Read Full Article)
Mentions: Africa South Africa CIPS
Social Media & the Delivery of Healthcare
Explore Supply Chain Management Review (May 7 2012)
Based on data collected in 2010, about 42% of physicians accessed social media sites for personal use. One year later, the numbers grew to 90%, higher than the general adult population. Still, physicians for the most part do not use digital media channels professionally.
(Read Full Article)
Local procurement to boost South African drug industry
Explore supplymanagement.com (Apr 24 2012)
The South African government is finalising a list of 70 pharmaceutical products designated for local procurement. The plans, which have been developed by the Department of Trade and Industry (DTI) and Department of Health, are in line with the Preferential Procurement Policy Framework Act, which aims to use public sector spending to strengthen domestic industry.
(Read Full Article)
Improved estate procurement could save NHS £1 billion
Explore supplymanagement.com (Feb 23 2012)
Neighbouring trusts should work together to maximise economies of scale and cut down on wasted space, says consultancy EC Harris.
(Read Full Article)
NHS hires buyers to treat efficiency ills
Explore supplymanagement.com (Feb 18 2012)
UK health trusts are seeking additional procurement support to help with ambitious cost improvement programmes.
(Read Full Article)
Mentions: NHS
12 for 12 #2: Continued economic turmoil will keep the focus on procurement: structured data is key in the NHS
Explore science warehouse (Feb 14 2012)
In the second post in our ‘12 for 12’ series, Greg Staryk-Mills, Business Development Manager at Science Warehouse discusses how the drive for health service savings is keeping the focus on NHS procurement. He addresses how the NHS can use … Continue reading →
(Read Full Article)
Mentions: NHS Department of Health
Political rivalry affecting supplier payments
Explore Home - BusinessDay (Jan 27 2012)
THE government should consider approaching the courts to interdict suppliers of essential items such as food to avoid patient care being compromised, the South African Medical Association (Sama) said this week. (Read Full Article)
Mentions: Pravin Gordhan Department of Health Democratic Alliance
London NHS Trusts outsource buying to BMI
Explore supplymanagement.com (Dec 6 2011)
Private hospital operator takes on medical consumable procurement for four trusts in 10-year deal - with more expected to follow. (Read Full Article)
Mentions: London
US university hospital operates on supply chain optimization
Explore Procurement Leaders Network (Dec 6 2011)
The Medical University Hospital Authority (MUHA) in Charleston, South Carolina has disclosed details of a programme to help automate its purchasing and accounts payable processes, increase visibility into spend and improve contract compliance. (Read Full Article)
Three Lessons From Healthcare Procurement Applied More Generally
Explore Spend Matters (Nov 28 2011)
Over on Healthcare Matters, Tom Finn recently penned a great post examining three key lessons from where to focus procurement and supply chain initiatives in healthcare. But I believe we can apply his recommendations more generally. As Tom opines, wh... (Read Full Article)
Mentions: Tom Finn
Physician Practice, Meet Wal-Mart -- Your New Largest Supplier
Explore Spend Matters (Sep 29 2011)
You've got to credit Wal-Mart with finding new markets to drive growth – in this case, in its own back yard. Over on Healthcare Matters , Tom Finn recently penned a piece summarizing and analyzing Wal-Mart's recent move to tap the growing market for ... (Read Full Article)
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