Habakkuk And Heraeus Terminate Agreement
Effective Oct. 16, 2020, Habakkuk and manufacturer partner Heraeus’ agreement will terminate. Habakkuk will no longer be a distributor of the Heraeus product PALACOS® bone cement.
A manufacturer partner since 2018, Habakkuk utilized Heraeus’ PALACOS® bone cement line to help serve the greater Oklahoma City market.
Habakkuk’s mission is to prioritize our surgeons and their patients with exceptional product and performance. After much thought, Habakkuk’s executive team decided to discontinue the partnership with Heraeus. Heraeus is an exceptional manufacturer and Habakkuk is honored to have partnered with them.
Surgeons and facilities can place orders until the termination deadline.
Habakkuk Manufacturer Partner Divests Business
Habakkuk manufacturer partner, Integra Lifesciences, announced a definitive agreement to divest its Extremity Orthopedics business to Smith+Nephew. Integra anticipates that the deal will close at or near the end of 2020 and not materially impact financial results for the year.
Integra’s Extremity Orthopedics business generated $90 million in 2019 and $32.7 million in 1H20 sales, but the company struggled to get it on track in recent years. Sales declined in the three consecutive years between 2017 and 2019. COVID’s cancellation of elective procedures significantly impacted the business as well, with a -26.6% decline in 1H20 compared to the prior year.
A manufacturer partner since 2014, Habakkuk has utilized Integra’s shoulder product line to help serve the greater Oklahoma City market. Habakkuk’s contract with Integra runs until Jan. 1, 2021. During Integra’s transitional period, Habakkuk will continue to offer Integra’s exceptional shoulder products until the end of 2020. Habakkuk’s mission is to prioritize our surgeons and their patients with clear communication and exceptional product and performance.
Habakkuk Signs Contract With New Manufacturer Partner
Habakkuk recently signed a contract with Gramercy Extremity Orthopedics, otherwise known as GEO. GEO was formed from the idea that a more cost-effective, user-friendly, and efficacious way to deliver Orthopedic Medical Implants could exist in today’s healthcare environment. This is achieved through proprietary RFID technology, a groundbreaking Point-of-Sale delivery system, and best-in-class sterilized, single-use orthopedic implants and instruments.
Habakkuk now offers the GEO CART. The GEO CART is a computerized mobile implant and instrumentation inventory system based on RFID technology. The GEO CART system reduces delays in surgery, decreases sterility risks to the patient, eliminates billing mistakes and handwritten forms, automatically generates the Implant Usage Form, removes the cost to clean and sterilize components and instrumentation and reduces facility operating expenses.
Habakkuk is proud to partner with GEO and offer the Oklahoma community access to this revolutionary and excellent product. Contact us to begin using GEO CART at your facility today.
Habakkuk Receives Paycheck Protection Program Loan
Habakkuk is an orthopedic device distributor and consulting firm that exists to help restore life within the orthopedic community. Our four core values – servant heart, teamwork, excellence and perseverance – act to guide us as we humbly strive to serve our surgeons and patients every step of the way.
The effects of COVID-19 have reached far and wide and the orthopedic community was just one of the many industries impacted. Due to the 5-week government mandated shutdown of elective surgery, Habakkuk was met with a near complete loss of revenue during that time. However, the Paycheck Protection Program allowed Habakkuk to prioritize its team members during that time while staying economically competitive. Habakkuk retained 100 percent of its work force at 100 percent of their pay and managed to avoid furloughs and layoffs of any sort.
The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. Habakkuk utilized this loan program for exactly that purpose and was able to maintain its mission to help restore life and remain an active member of the orthopedic community. Habakkuk is grateful for the opportunity and ability to contribute within the Oklahoma economy.
Habakkuk Internship Program
Habakkuk is proud to announce the Habakkuk Internship Program, otherwise known as HIP. The 2020 summer HIP will be a hands-on, full access experience through Habakkuk.
HIP participants will be exposed to a unique faith-based, small business working within a very large industry. They will also be exposed to Habakkuk’s mission and values, strong leaders and successful leadership qualities.
HIP participants will learn about their personal gifts and strength and how they can be used in the work place to help restore physical and spiritual life. They will receive spiritual, personal, and professional development.
Team Development Intern
Team Development HIP participants will learn how to effectively utilize, prepare, and execute professional and personal growth development opportunities within a small business. Candidates with enthusiasm for professional and personal development, project management, event management, teaching, and MBTI, strength finders or enneagram are encouraged to apply.
Compensation: $10/hr, up to 40 hrs/week for 5 weeks- June 29th-July 31st
Creative Media Intern
Creative Media HIP participants will gain practical first hand knowledge and understanding on how to effectively communicate and market to the orthopedic community. Candidates with skills regarding writing, editing, marketing materials design, social media, photography and strategic planning are encouraged to apply.
Compensation: $10/hr, up to 40 hrs/week for 5 weeks- June 29th- July 31st
Data Analytics Intern
Data Analytics HIP participants will learn how to strategically present small business data, be an effective business partner, and how to manage and evaluate inventory. Candidates with an interest in excel, Tableau, inventory management and data reporting are encouraged to apply.
Compensation: $10/hr, up to 40 hrs/week for 5 weeks- June 29th-July 31st
Interested applicants should send a full resume to Quincy Taylor at HR@Habakkuk.Health by June 3rd at 5pm.
Habakkuk Launches Monthly Newsletter
Habakkuk is excited to announce the launch of the Restoring Life Dispatch (RLD). The RLD aims to serve as a monthly resource for orthopedics and leadership – straight from the desk of CEO Clay Steves!
Clay’s hope is to provide a single hub with timely news and credible sources that are beneficial to both work and life. Additionally, he’ll share what lessons he is learning from his own experience in leading a small orthopedic business.
Be on the lookout at the end of every month for The RLD and please share with others!
Not yet subscribed? Click here to get on the list for next month’s RLD!
Habakkuk and Corin Announce Partnership
Earlier this year, we announced that Corin acquired OMNI, a longtime Habakkuk partner. Today, Habakkuk is pleased to announce its strategic distribution partnership with Corin, a world leader in clinically proven hip and knee solutions.
With this partnership, Habakkuk will continue to lead the orthopedic market with exceptional top-of-the-line products. This will include our robotic-assisted total knee platform, which couples a robotic saw guide and the first ever robotic ligament balancing device. This platform also utilizes the Apex Total Knee Arthroplasty product, which will be available mid-2020 in a Titanium Nitride (TiN) gold coated option. Early clinical data reveals the combination of these products are providing revolutionary results for our surgeons and their patients.
In the hip division, we are excited to introduce Corin’s Optimized Positioning System, OPS™, which is redefining our understanding of the Spino-Pelvic relationship and improving the way we plan and perform Total Hip Arthroplasty. Combined with intuitive and accurate delivery systems, OPS™ is a comprehensive technology that delivers a truly patient specific solution.
Corin is revolutionizing orthopedics with technology that is focused on assisting surgeons to meet the needs of their patients. Their deep insight and understanding of the orthopedic industry lead to advanced, patient-specific solutions that exceed expectations, maximize value in healthcare and positively impact lives.
Find out how you can begin utilizing Corin products in your practice here.
Habakkuk Supports 7th Annual Cody’s Run
Habakkuk was honored to participate in the 7th Annual Cody’s Run supporting the Cody Ponder Emergency Endowment Fund established through The University of Oklahoma Foundation to benefit patients at OU’s Stephenson Cancer Center.
Cody’s Run consists of a 5K Race and 1-mile Fun Walk at The University of Oklahoma’s Norman campus. Cody proudly called Norman home and was actively involved through several non-profits and city committees.
Habakkuk team members and their families were proud to walk/run for a purpose and support our community!
Check out how you can support Cody’s Run here. #screwcancer
Corin Signs Binding Agreement for the Acquisition of OMNI
Habakkuk is excited to announce that Corin has signed a binding agreement to acquire OMNI Orthopedics, Inc.
Founded in 1985 in the UK, Corin is a worldwide leader in arthroplasty innovation and one of the fastest growing companies in the orthopedic industry. Corin has tripled in size over the last 4 years and now employs over 750 people globally and has operations in 11 direct subsidiaries in the USA, Japan, Australia and the most prominent Western European markets, as well as over 35 distributors.
This OMNI addition represents a key milestone to complement Corin’s state-of-the-art Optimized Positioning System (OPSTM) hip technology with robot-assisted total knee replacement to uniquely position the company as a revolutionary leader in functional patient specific joint replacement. This combination provides tremendous growth opportunities.
This pending acquisition is an incredible opportunity to combine the exceptional talents of both organizations to further develop OMNI’s presence in the United States and globally. The complementary strengths of each company provide ample opportunity to improve patient satisfaction and aligns with Habakkuk’s core value to provide exceptional product and performance to our surgeons.
Read more about the acquisition here.
Habakkuk Introduces New Product Line
Habakkuk is proud to announce a new partnership. Habakkuk will take over as the Central Oklahoma MedShape distributor.
MedShape, Inc. is a privately held orthopedic device company located in Atlanta, GA working to provide innovative surgical solutions to foot and ankle surgeons using a patented NiTiNOL and shape memory polymer technologies. Revolutionizing the way we treat ankle fusions, the DynaNail® TTC Fusion System is designed for use in tibiotalocalcaneal (TTC) fusion procedures to address degenerative conditions, correct joint deformities and revise failed total ankle replacements or arthrodesis non-unions.
SSM Health Bone & Joint Hospital at St. Anthony’s Achieve Innovative Milestone
Congratulations to SSM Health Bone & Joint Hospital at St. Anthony on becoming the first hospital in Oklahoma to officially utilize the Aerobiotix Illuvia HUAIRS® system within a select few of their operating rooms.
Recognized as one of the top orthopedic hospitals in the nation, Bone & Joint Hospital offers a wide range of services including hip and knee replacement, spine surgery, pain management, sports medicine, arthroscopic procedures, foot and ankle surgery, hand surgery and robotic surgery.
Habakkuk is proud to partner with industry-leading organizations like Bone & Joint, who invest in innovative air purification techniques in order to create the cleanest possible environments for their patients. Aerobiotix gives hospitals and total joint surgery centers the opportunity to optimize operating rooms and provide exceptional patient care.
Congratulations to Bone & Joint for being the first to achieve this milestone in Oklahoma City.
Want to find out how you can maximize your operating room air quality? Click here for more information on Aerobiotix’s Illuvia HUAIRS® system.
PALACOS® Products Gain Momentum
Since partnering with Heraeus Medical, the inventor and exclusive manufacturer of PALACOS®, several elite institutions such as OU Medical Center, McBride Orthopedic Hospital and Community Hospital of HPI, have taken advantage of Habakkuk’s limited-time PALACOS® discount.
These prestigious medical facilities are committed to being pacesetters within the industry by providing exceptional products to their patients in order to maintain the highest levels of excellence. Holding distinctions such as Blue Distinction Center+, Oklahoma’s only Level One Trauma center as verified by the American College of Surgeons and the Guardian of Excellence award, these facilities will have the opportunity to impact hundreds of patients with the PALACOS® product.
As PALACOS® moves closer to celebrating sixty years as the gold standard in joint fixation, Habakkuk is excited to provide Oklahoma customers with this discount through a direct purchasing relationship, ensuring immediate and seamless access to the PALACOS® portfolio of high-quality cements and mixing systems.
Habakkuk is excited to bring the best bone cement in the world at its best price yet.
Click here for more information about how you can get your PALACOS® discount.
Habakkuk Celebrates 4 Year Anniversary
December 1, 2017 marks the 4 year anniversary of Habakkuk. We are completely humbled and amazed at all that has happened over the last 4 years. However, we would not be where we are today without the support from our community. So, we want to take a moment to reflect on all the incredible things we’ve achieved and say thank you to our supporters. Take a look at how we’ve grown!
Habakkuk Attends AAHKS Annual Meeting In Dallas
Habakkuk employees recently attended the Annual Meeting of the American Association of Hip and Knee Surgeons (AAHKS) in Dallas, TX. The AAHKS annual meeting addresses a broad array of scientific topics such as implant design, outcomes, surgical techniques and complications of primary and revision total joint arthroplasty (TJA) for hip and knee surgeons.
One of the company’s core values is to deliver exceptional product and performance. Habakkuk demonstrates this commitment to excellence through education and innovation, both of which are provided through events like AAHKS.
Josh Rich, Habakkuk Orthopedic Sales Representative said, “AAKHS was an incredible experience and a great opportunity to be exposed to innovative and exceptional products. I’m excited to utilize this knowledge to better serve the orthopedic community of Oklahoma.”
Habakkuk Champion, Dr. Corey Ponder, Completes 2,222 OMNIBotics Robotic-Assisted Total Knee Replacement Surgery
Habakkuk champion, Dr. Corey Ponder, orthopedic surgeon at St. Anthony’s Bone and Joint Hospital, recently completed his 2,222 OMNIBotics® robotic-assisted total knee replacement surgery on Sept. 25. The first orthopedic surgeon in Oklahoma to utilize OMNIBotics® technology, Dr. Ponder’s milestone contributes to OMNIlife science™, Inc.’s 17,000 total procedures.
The OMNIBotics® technology allows Dr. Ponder a variety of advantages including intraoperative flexibility, ultra-fine precision, patient specific planning and confirmation of proposed corrections. The patient, suffering from severe pain and difficulty standing and walking, benefitted greatly from the total knee replacement.
“The advanced technology of OMNIBotics® provides me the tool to perform knee replacements with patient-specific accuracy and precision. The platform allows for maximal efficiency and flexibility to restore joint alignment and kinematics and achieve successful surgical outcomes. Combined with the industry leading service and wisdom provided by the team at Habakkuk, the future of robotically-assisted joint replacement is more promising than ever,” says Dr. Ponder.
OMNIlife Science™ Inc. explains that the OMNIBotics’® system enables optimized implant placement using robotics driven by OMNI’s proprietary ART™ software. This equipment gives surgeons the ability to efficiently plan a specific procedure for each individual patient using a patented intra-operative 3-D modeling technique that no longer requires preoperative CT scans or x-rays. Therefore, resulting in a more precise alignment of the knee implant that many surgeons believe can lead to more rapid recovery and a more natural feeling knee replacement.
Habakkuk’s Founder and CEO, Clay Steves, is proud to partner with some of the best surgeons in the region and provide them with quality technology.
200th OMNIBotics Total Knee Replacement
Dr. Knutson performed his 200th Robotic Assisted Total Knee replacement surgery this week using the OMNIBotics platform. The picture shows Dr. Knutson (left) and his PA Beau Burton (right) standing with ‘Sheldon’ the OMNIBotics station that Dr. Knutson uses in the operating room. Dr. Knutson knows that all of his patients have a unique knee anatomy. He believes in the patented OMNIBotics Bone Morphing technology that generates a unique 3D digital model of his patient’s knee in the surgery, with a high level of accuracy and precision. Using this technology eliminates the need for any pre-operative imaging such as CT scans or MRIs, reducing the risk of radiation exposure.
Gold Knee Billboard
Together with one of our partners, Aesculap, we have put a billboard up in OKC promoting Aesculaps Advanced surface technology. Aesculap Implant Systems is the only provider to offer the 7-layer Advanced Surface Technology. This technology delivers unparalleled surface hardness, substantially decreased wear rates and greatly improved scratch resistance.
The Advanced Surface Technology creates a potential barrier against the release of metal ions including: molybdenum, nickel, cobalt and chromium in laboratory wear testing.
Aesculap Implant Systems offers a broad selection of knee implants to meet your individual needs:
-Comprehensive sizing for a personalized implant fit to your anatomy
-Advanced Surface Technology for significant reduction in wear rates
-Maximum range of motion to help you resume your active lifestyle
-Special design to accommodate minimally invasive procedures
-Improved stability through computer navigated surgical technique
To learn more check out www.goldknee.com.
Cody’s Run 2017
The chilly April morning didn’t stop the crowd of people at the start line supporting Cody’s Run for Esophageal Cancer.
This year our Habakkuk Family was at the run in full spirit, bringing along spouses and children. Cody’s Run is near to our hearts, as we participate in support of one of our surgeons whose brother lost his fight with Esophageal Cancer in 2013.
Cody’s Run is a 5K dedicated to helping the Stephenson Cancer Center and Oklahoma Cancer Patients. All proceeds from the run go directly to the Cody Ponder Emergency Endowment Fund.
Habakkuk is proud to show our support!