Private Companies 22

USA

June 19, 2018: Medline Industries issued new U.S. design patent [D820,675]

NEWS BITES - PRIVATE COMPANIES

Medline Industries has been issued a new U.S. design patent titled "Package" by the US Patent and Trademark Office.

CLAIM

The ornamental design for a package, as shown and described.

Appl. No.D/577,636

INDEX

SECTION 1 MEDLINE INDUSTRIES FINANCIALS

SECTION 2 MEDLINE INDUSTRIES PROFILE

SECTION 3 MEDLINE INDUSTRIES RANKING

SECTION 4 MEDLINE INDUSTRIES ACQUISITIONS

SECTION 5 PRESS RELEASES: 2016

SECTION 6 MEDLINE INDUSTRIES PATENTS

SECTION 7 MEDLINE INDUSTRIES TOP MANAGEMENT

SECTION 1 MEDLINE INDUSTRIES FINANCIALS

Medline Industries, Inc.

Estimated Revenue (TTM): $7.3B

Estimated Employees: 12,296

SECTION 2 MEDLINE INDUSTRIES PROFILE

2.1 ACTIVITIES

Medline is the largest privately held manufacturer and distributor of healthcare supplies in the United States, providing more than 350,000 products that serve the entire continuum of care. Our innovative products and programs can be found in most hospitals, extended-care facilities, surgery centers, physician offices, home care dealers, home health agencies and retail outlets.

2.2 SUMMARY

PermID: 4296374578

Website: http://www.medline.com/

Industry: Health Care Services

Address:

Mundelein, Illinois, USA

SECTION 3 MEDLINE INDUSTRIES RANKING

Medline Industries, Inc. was ranked 47 in the Forbes list of Top 216 American Private Companies by Total Revenues in 2016.

SECTION 4 MEDLINE INDUSTRIES ACQUISITIONS

Acquisition DateAcquired
Apr 2016Medical Mart Supplies Limited
Apr 2014Key Spine Surgery Technology, Amendia, Inc
Feb 2014Professional Hospital Supply

SECTION 5 PRESS RELEASES: 2016

September 19: Medline Industries : Medline Awarded Distribution Agreement with Wisconsin Hospice Collaborative

In an effort to improve purchasing power, expand operational efficiencies, and ultimately enhance their supply chain operations, a group of five non-profit hospice providers known as the Wisconsin Hospice Collaborative recently awarded Medline a distribution agreement that will offer clinical expertise and competitive pricing on essential supplies and the ability to standardize care. The deal is expected to save the group 12 percent on supplies while providing benefits related to operational and clinical outcomes.

One of the providers benefiting from this partnership is Agrace Hospice & Palliative Care, the largest hospice organization in the state of Wisconsin. Serving more than 700 patients each day, the organization has been nationally recognized for its in-home and inpatient hospice care. The new partnership will provide Agrace with products to address critical care issues such as incontinence and wound care. Additionally, to help the organization better control spending, Agrace can access an online tool called Medline INSIGHT, which will provide them with on-demand reporting to understand and manage the true cost drivers related to the supply chain. The tool will help the agency process information on their overall supply spend and on specific purchases from a clinician and patient point of view.

While this collaboration partnership is new, Agrace is already a Medline customer. Particularly, staff members working from their four locations are using the Medline Remedy(Registered) line, which combines advanced skin care science with beneficial botanicals to create solutions specifically formulated to nourish and moisturize sensitive skin, and provide greater patient comfort and satisfaction.

"As a trusted organization for nearly 40 years, it is critical that our staff be equipped with high-quality products.

September 19: Medline Awarded Distribution Agreement with Wisconsin Hospice Collaborative

In an effort to improve purchasing power, expand operational efficiencies, and ultimately enhance their supply chain operations, a group of five non-profit hospice providers known as the Wisconsin Hospice Collaborative recently awarded Medline a distribution agreement that will offer clinical expertise and competitive pricing on essential supplies and the ability to standardize care. The deal is expected to save the group 12 percent on supplies while providing benefits related to operational and clinical outcomes.

One of the providers benefiting from this partnership is Agrace Hospice & Palliative Care, the largest hospice organization in the state of Wisconsin. Serving more than 700 patients each day, the organization has been nationally recognized for its in-home and inpatient hospice care. The new partnership will provide Agrace with products to address critical care issues such as incontinence and wound care. Additionally, to help the organization better control spending, Agrace can access an online tool called Medline INSIGHT, which will provide them with on-demand reporting to understand and manage the true cost drivers related to the supply chain. The tool will help the agency process information on their overall supply spend and on specific purchases from a clinician and patient point of view.

While this collaboration partnership is new, Agrace is already a Medline customer. Particularly, staff members working from their four locations are using the Medline Remedy(Registered) line, which combines advanced skin care science with beneficial botanicals to create solutions specifically formulated to nourish and moisturize sensitive skin, and provide greater patient comfort and satisfaction.

"As a trusted organization for nearly 40 years, it is critical that our staff be equipped with high-quality products.

September 14: Medline and Scripps Health Extend Prime Vendor Distribution Partnership

Scripps Health, ranked among the top 15 health systems in the country, initially awarded prime vendor distribution to Medline in 2012. The global medical supplies company worked closely with Scripps supply chain leadership to provide supply management services across its entire continuum of care network. After nearly four years, Scripps Health has recently extended its distribution agreement with Medline. The three-year agreement has a value in excess of $180 million.

The prime vendor partnership provides Scripps Health with supply chain services for the entire continuum of care, including self-manufactured products, advanced logistics and technology platforms. The agreement will give Scripps ongoing access to Medline's price integrity management tool, Insight Price Assurance.

Scripps and Medline will be implementing new products and programs during the new agreement extension.

"Scripps is a very forward thinking Health System. The strong collaboration between Scripps supply chain and Clinical leadership meshed well with Medline's One Medline sales and support teams. Together we were able to strategically implement customized programs across the entire health system to help achieve clinical and financial goals," says Marc Fairon, senior vice president of sales at Medline.

September 14: Medline Industries : Medline and Scripps Health Extend Prime Vendor Distribution Partnership

The prime vendor partnership provides Scripps Health with supply chain services for the entire continuum of care, including self-manufactured products, advanced logistics and technology platforms. The agreement will give Scripps ongoing access to Medline's price integrity management tool, Insight Price Assurance.

Scripps and Medline will be implementing new products and programs during the new agreement extension.

"Scripps is a very forward thinking Health System. The strong collaboration between Scripps supply chain and Clinical leadership meshed well with Medline's One Medline sales and support teams. Together we were able to strategically implement customized programs across the entire health system to help achieve clinical and financial goals," says Marc Fairon, senior vice president of sales at Medline.

August 25: Medline Awarded New Group Purchasing Agreement with Premier Inc.

Mundelein, Ill., Aug. 25, 2016 - Premier Inc., a leading healthcare improvement company that unites an alliance of approximately 3,750 U.S. hospitals and 130,000 other providers to transform healthcare, recently awarded Medline with a new group purchasing agreement to help facilities maximize cost savings on surgical gloves.

Through this new three-year deal, Premier members will receive negotiated pricing on Medline's more than 20 lines of surgical gloves, including Sensicare, Triumph, and Neolon.

"Knowing that surgical gloves are one of the most important pieces of protective wear for surgeons, Medline has created a comprehensive line that offers Premier members the opportunity to select the product that best matches their functional requirements and preferences," said Derrick Fitchena, senior director of national accounts, Medline.

Furthermore, to ensure Premier members receive products when and where they need them, Medline has more than 40 distribution centers strategically located throughout the country.

The contract is effective through April 30, 2019.

SECTION 6 MEDLINE INDUSTRIES PATENTS

6.1 Number of Patents Issued to Medline Industries (Past 12 Months)

There were a total of 83 patents issued to Medline Industries in the past 12 months. The highest number (19) were issued in August, 2017.

MonthNo. of Patents Issued
June2
May5
April4
March3
February4
January9
December2
November11
October6
September7
August19
July11
Total (Past 12 Months)83

6.2 Patents issued by the US PTO and the EPO on same inventions

In the past 24 months the following 2 patents were issued by the USPTO and the European Patent Office (EPO) to Medline Industries.

TitleUS PTOEPO
Catheter Tray, Packaging System, And Associated Methods9,808,596; 07 Nov, 2017EP3100760 (A1); 07 Dec, 2016
Repair Or Refurbishment Of Limited Use Medical Devices9,578,773; 21 Feb, 2017US2017156710 (A1); 08 Jun, 2017

6.3 Previous 10 MEDLINE INDUSTRIES Patent titles:

Issue DateIssuing OfficePatent TitlePatent Number
Jun 19, 2018US PTOSkin antiseptic applicator and methods of making and using the same9,999,757
Jun 12, 2018US PTOMethod and apparatus for a locking caster9,993,378
Jun 5, 2018US PTOWindow dressing having force concentrating adhesion elements9,987,465
May 29, 2018US PTOHeel protector and corresponding rehabilitation systems and methods for using the same9,980,845
May 22, 2018US PTOConnectorD818,582
May 22, 2018US PTOProphylactic kit apparatus9,974,624
May 15, 2018US PTORollator9,968,509
May 1, 2018US PTOProphylactic kit apparatus9,956,052
Apr 24, 2018US PTOScrub capD815,807
Apr 24, 2018US PTOScrub capD815,806

6.4 Previous 5 MEDLINE INDUSTRIES Patent abstracts:

June 19, 2018 Medline Industries issued new U.S. patent [9,999,757]

ABSTRACT

The invention relates to applicators for applying a solution or other composition (e.g., an antiseptic composition) to skin of a patient. The applicator may include a container body having a proximal end, a distal end, and a frangible member disposed at the distal end of the body. The applicator includes a first position where the container body and frangible member are a unitary piece (e.g., blow molded as a single piece), and a second position when the frangible member is rotated relative to the body to irreversibly break a weak point therebetween, releasing the composition in the hollow body through an opening. A porous applicator head may be positioned adjacent the distal end of the body and frangible member, so that the composition flows out the body, through the opening, and onto the head. The applicator may be formed in a blow-fill-seal process for improved sterility and ease of manufacture.

June 12, 2018 Medline Industries issued new U.S. patent [9,993,378]

ABSTRACT

A lockable swivelable caster provides for an interaction between a centering element and a locking element to pivotally urge the locking element into a locking notch of the centering element such that the locking element is captured by the locking notch to prevent swiveling of the caster wheel.

June 5, 2018 Medline Industries issued new U.S. patent [9,987,465]

ABSTRACT

A dressing includes a cover layer and a plurality of force concentration elements disposed about a perimeter of the cover layer. Each force concentration element is configured to collect and distribute shearing forces applied to the dressing so as to retain the dressing to a patient. When configured as a window dressing, the window dressing can include a top layer defining a window and a backing layer coupled to the top layer and spanning the window. A plurality of adhesive islands can be disposed about a perimeter of the top layer, with each of the adhesive islands having a first adhesion coefficient associated therewith. An adhesive layer can be disposed about the adhesive islands. The adhesive layer can have a second adhesion coefficient associated therewith that is less than the first adhesion coefficient. Window dressings are well suited for catheterization procedures.

May 29, 2018 Medline Industries issued new U.S. patent [9,980,845]

ABSTRACT

A device (100) includes a leg engaging section (101) and a foot engaging section (102) intersecting at a heel receiver (103). The leg engaging section and the foot engaging section define a leg insertion aperture (104). A compressible cushion layer (402) is disposed at least in the leg engaging section. At least one bolster tube (401) is disposed interior the leg engaging section. The bolster tube (401) can be selectively removable through one or more apertures (1105,1106).

May 22, 2018 Medline Industries issued new U.S. design patent [D818,582]

CLAIM

I claim the ornamental design for a connector, as shown and described.

SECTION 7 MEDLINE INDUSTRIES TOP MANAGEMENT

Charlie Mills, CEO

Andy Mills, President

Andy started with Medline as a sales representative in Dallas, Texas. He then worked in Medline's O.R. product division and went on to manage the company's marketing department before assuming his current position in 1997. Prior to working for Medline, Andy worked in brand management for Procter and Gamble. He received his Bachelor of Science degree from Tulane University and earned his MBA from the J.L. Kellogg School of Management at Northwestern University.

Jim Abrams, Chief Operating Officer

Jim joined Medline in 1992 where he started as a sales representative. Since then he has held various management positions within the company until being named COO in 1997. He graduated from the University of Michigan with a Bachelor of Arts degree and earned his law degree from the University of Chicago. Upon graduation from U of C, he worked for the law firm Kirkland and Ellis.

PermID: 4296374578

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