Our Website Is Up with Product Info!

Our website is finally up and running with most of the product line details. Our two lines of products that are completely outlined on the site are Cardiology and Electrophysiology. We're bringing products to you that are identical to some of those sold by industry giants but at a much lower cost. We're also working on adding the details of our General Surgery and Urology lines of products. So, head over to the website look around an let us know what you think! If you have any questions or comments feel free to add them below, or at any of our social media pages. If you would like to inquire about pricing and ordering feel free to Contact Us. Check back often as we'll be outlining our different product offerings here on the blog over the next week or so!

Transparency in the Medical Supply Industry

The reason some may be confused by the title is part of the problem. There is very little transparency in the current market. Very few of the items that have been used in procedures on you, by you or at your hospital are actually manufactured by the company with its logos all over the packaging. Many of the big easy to recognize brands if they even manufacture at all only manufacture a very small portion of their product line up.

If they don't make it who does? Great question! Most items are manufactured by small medical OEM's that make products at a relatively low cost. By the time it hits the storeroom shelf at your hospital it has traded hands a few times. It has been shipped and distributed multiple times all the while increasing the price. Some companies are more efficient than others but the bottom line is there is a lot of steps and overhead involved in getting that product to the point of use that unnecessarily inflate the price.

What does lack of transparency and the fact that there is a complicated hidden supply chain have to do with each other much less Dominions Medical? Well, we aim to add that transparency to your supply chain to show you who you are getting the product from. We will highlight those small independent OEM's and show you exactly what you are getting and who you are getting it from when you buy from Dominions. Most often we are showing you the exact same product that is marketed by a much larger brand name that sells them at an incredible mark up with an inefficient process.

If you are being so transparent why should we buy from Dominions rather than buy direct? We exist to help add clarity to your supply chain and reduce your supply spend. We help you get the benefit of essentially buying direct from these OEM's who, while they are great at manufacturing top notch products are not great at getting their product directly to the client. Using our experience and relationships, we help these OEM's get their product into hospitals and into caregiver’s hands more efficiently and at a lower price.

The Bottom Line: Dominions is doing the work to find these OEM's. We help them get their products out there to you, to save you money and increase their direct sales in the process. Our unique network and skill set allows us to efficiently bring these products to the forefront and increase their visibility in the market. This fosters the growth of small medical OEM's as well as the reducing hospital supply spend.

St. Jude vs Medtronic on CRM Patient Deaths

This is an interesting continuing saga from these two companies. Even more reason why transparency in the cardiovascular device space is needed beyond the two industry channel controllers beating each other up. Industry leaders are taking note of these types of articles and recent healthcare trends are coming together to force change and action

"St. Jude Medical Inc. is waging a public relations campaign to protect it's line of implantable heart devices by claiming that more patient deaths are associated with rival products marketed by Medtronic Inc.

On Tuesday, St. Jude lost one round of the battle when the editor of a medical journal said he planned to proceed with print publication of an article released online last month that linked of its products to patients' death. The company, in a press release last month, said it was "seeking a retraction" of the article claiming that it significantly undercounted deaths involving Medtronic devices"

Read the Rest of this article by Christopher Weaver & Anjali Athavely at The Wall Street Journal 

Born Through Social Media

Dominions Medical is aiming to do things different from traditional medical companies; from process to purpose and even media. While the medical industry is always on the cutting edge of patient care and surgical techniques the rest of the industry from supply chain to ERP systems and procurement are sometimes left behind. Dominions, in launching a new organization, has made the decision to be on the cutting edge of media and relationships with our customers and peers.

Dominions is committed to making sure that we are fully engaged in social media, and as far as we know, will be the first Medical Company launched through Social Media. What does that mean for an industry that is largely underrepresented in Social Media? It means unprecedented access and insight into the company. We will be updating the Blog, Facebook, Twitter, and LinkedIn frequently with updates on what's going on here at Dominions as well related industry news and information. What it also represents is an ongoing conversation and relationship. Social Media is often represented as Mass Media. While it can be an efficient way to get information out to a lot of people at once it's also a way to engage people individually. From blog comments or Facebook postings each will be read, responded to an considered. If we post about an upcoming change in the company, its offerings or a request for insight from our customers we want 100% straight forward responses. Likewise, you should expect straight forward posts here. If you are looking for over-wordy complicated press releases that are heavy on buzz words and light on information or magazine quality articles you are in the wrong place. While formalities have their place this isn't it. This will be space for Dominions to come put our thoughts and ideas right in front of you. All to make sure we haven't lost touch with your needs as a customer.

While we know we have a great business model focused on saving health care providers money and giving medical OEM's increased value and visibility we want to share it with you and engage you in an ongoing conversation. If you are fully engaged in social media follow along in whatever way suits you best. If not, you can always save the URL to your favorites or subscribe by e-mail using the link at the top of the page. We hope you enjoy our blog and the transparency it will provide and continue to follow along as Dominions grows from an idea to a major player in the healthcare industry.

Who is Dominions Medical?

Dominions Medical is a new company that aims to bring a solution to the healthcare industry that has tremendous financial impact while changing traditional mindsets and process. Our two main goals are simple, save healthcare providers money and in turn also increase the visibility of quality OEM's and increasing their value. We'll expand on how we're doing that soon but prior to that we'd like to introduce our leadership.

First is our CEO, Marshall Simpson. He is a graduate of Virginia Military Institute and has 20 years experience in the healthcare industry. Prior to Co-Founding Dominions Medical he served in various executive leadership roles at Owens & Minor, Inc. In his last role as Corporate Officer and Senior Vice President, Sales and Operations Marshall negotiated agreements and managed long term relationships with providers, GPOs and Suppliers. During his tenure at Owens & Minor sales grew from $1.02b to $8.63b. His experience provides Dominions Medical and it's customers with access to his vast network and knowledge. On the other side Marshall enjoys spending time with his family, golf, running and fly fishing.

Next is our COO Tim Gill. Tim went to Virginia Tech and received his MBA from University of Richmond. He has more than 25 years of healthcare and manufacturing experience. He has broad based knowledge and experience working for several fortune 500 companies from business start-up and development to financial management and strategic planning. In his last role prior to Dominions at OMSolutions (an operating unit of Owens & Minor), he lead a group of more than 50 top level consultants that serviced some of the nations leading hospitals in various capacities from value analysis to purchased services. Aside from his professional life Tim loves spending time with his wife and 3 kids and coaching youth basketball.

Lastly, is our Director and Strategic Advisor, Tim Callahan. Tim has more than 30 years experience in the healthcare industry. He's led various executive leadership roles in sales, marketing and operations and has a vast understanding of supply chain and peri-operative services. He's also owned and launched successful entrepreneurial ventures in healthcare, where he maintained strategic and executive roles. Among these ventures have been a surgical packaging company and a pediatric and adult extended care facility for homebound patients. Outside of his professional career he enjoys spending time with his family and coaching basketball.

Dominions Medical Launching Soon!

Thanks for stopping by our blog! Dominions is dedicated to reducing supply costs for healthcare providers while enabling quality independent manufacturers to establish their brands and grow sales.

We are also dedicated to using social media as a way to engage our peers and customers to not only keep you all informed but to grow our business and listen to what you all have to say. 

Check back often as we will be launching our full website soon and putting up some great blog posts for you to get to know Dominions Medical, the people behind it, and how we aim to change the healthcare supply chain!