January 4, 2022 – Here are some of the most read stories that ran in the JHC’s Dail-eNews in 2021:
Private-equity group to buy Medline for over $30 billion
June 7, 2021 – Medline Industries, Inc. (Northfield, IL), has entered into a definitive agreement through which it will receive a majority investment from a partnership comprised of funds managed by Blackstone, Carlyle, and Hellman & Friedman. Following the close of the transaction, Medline will remain a privately held, family-led company. Medline will continue to… Read Full Story
Sri Trang to bring production of exam gloves to the USA
June 29, 2021 – Sri Trang Gloves (Thailand) Public Company Limited (“Sri Trang”), has a strong interest in expanding their glove manufacturing footprint with a campus in the USA. Sri Trang is exploring several locations in both the Southwest and Southeast as candidates. The proposed 100-plus acre campus will serve as… Read Full Story
Cardinal Health to sell its Cordis business to Hellman & Friedman
March 12, 2021 – Cardinal Health (Dublin, OH) announced it has signed a definitive agreement to sell its Cordis business to Hellman & Friedman (H&F) for approximately $1 billion, which includes buyer’s assumption of certain liabilities and seller’s retention of certain working capital accounts. After closing, most assets and liabilities associated with the Cordis business will transfer… Read Full Story
Houston paid $1.7M in counterfeit N95 masks
June 23, 2021 – The city of Houston, Texas, spent more than a million dollars on counterfeit masks, a local NBC affiliate reports. The court records said the city paid a company called Med-Tech Resource about $1.7 million for around 900,000 3M N95 masks that were intended for frontline employees. A city employee grew suspicious after… Read Full Story
Malaysian glove manufacturers suspend operations due to EMCO
July 8, 2021 – A recent EMCO (Enhanced Movement Control Order) imposed in Malaysia has led to a temporary suspension of production for some of the world’s largest glove manufacturers. Malaysia, according to the Malaysian Rubber Glove Manufacturers Association (MARGMA), produces around 60% of the world’s nitrile exam gloves… Read Full Story
Ochsner Health to start PPE manufacturing company
July 6, 2021 – Ochsner Health (New Orleans, LA), a health system, is starting a new manufacturing business to make personal protective equipment (PPE). Not only will Ochsner be making gloves, gowns, masks and N95 respirators, it will manufacture the materials used to make those items, such as the liquid nitrile needed for… Read Full Story
Amazon plans new Diagnostics business to offer at-home medical tests
May 19, 2021 – Amazon is considering launching a business that offers an array of at-home medical tests and a third-party marketplace for general home-diagnostics services, according to Insider. The company is in talks to first launch its own COVID-19 testing kit in June, potentially around… Read Full Story
The Advantages and Challenges to Self-Distribution During the Pandemic
March 17, 2021 – Many hospitals and IDNs have implemented a self-distribution strategy taking on the costs and responsibilities that used to fall to a distributor. What were some of the advantages and challenges during the height of the pandemic for Consolidated Service Centers (CSCs) and self-distribution? Panelists from… Read Full Story