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TEMPE, Ariz., Sept. 6, 2024 /PRNewswire/ — Economic activity in the hospital subsector grew in August for the 12th consecutive month after contracting twice in the previous four-month period, with 35 consecutive months of growth prior to that, say the nation’s hospital supply executives in the latest Hospital ISM^® Report On Business^®.

The report was issued today by Nancy LeMaster, MBA, Chair of the Institute for Supply Management^® (ISM^®) Hospital Business Survey Committee: “The Hospital PMI^® registered 58.6 percent in August, a 5.3-percentage point increase from the July reading of 53.3 percent, indicating a 12th consecutive month of growth after a contraction in August 2023. The Business Activity Index expanded for the 12th consecutive month. The New Orders Index expanded in August after an ‘unchanged’ reading the previous month, and the Employment Index remained in expansion territory for the fourth straight month. The Supplier Deliveries Index remained in expansion (which indicates slower delivery performance) for the 12th consecutive month. The Case Mix Index expanded in August, registering 52.5 percent, 0.5 percentage point lower than the previous month’s figure of 53 percent. The Days Payable Outstanding Index was ‘unchanged’ in August, registering 50 percent, down 1.5 percentage points from the July reading of 51.5 percent. The Technology Spend Index reading of 57 percent is an increase of 2.5 percentage points compared to the 54.5 percent recorded in July. The Touchless Orders Index returned to expansion territory in August, registering 53.5 percent, up 5 percentage points from the 48.5 percent reported in July.”

LeMaster continues, “Panelists commented on volumes exceeding historical August levels. Most indicated the volume was driven by a resurgence in COVID-19 cases, while a few mentioned increased elective surgical volumes. Hospitals were successful in increasing staffing levels to keep pace with the volumes. Overall, supplier delivery performance continued to improve, with limited shortages and back orders. Pricing pressure continued to have a negative effect on margins. One panelist indicated the facility was fully recovered from the Change Healthcare cyberattack, while another indicated the organization was shifting more focus and resources on cybersecurity.”

About This Report
The information compiled in this report is for the month of August 2024.

The Hospital PMI^® was developed in collaboration with the Association for Health Care Resource & Materials Management (AHRMM), an association for the health care supply chain profession, and a professional membership group of the American Hospital Association (AHA).

The data presented herein is obtained from a survey of hospital supply executives based on information they have collected within their respective organizations. ISM^® makes no representation, other than that stated within this release, regarding the individual company data collection procedures. The data should be compared to all other economic data sources when used in decision-making.

Data and Method of Presentation
The Hospital ISM^® Report On Business^® is based on data compiled from hospital purchasing and supply executives nationwide. Survey responses reflect the change, if any, in the current month compared to the previous month. For each of the indicators measured (Business Activity, New Orders, Employment, Supplier Deliveries, Inventories, Prices, Prices: Pharmaceuticals, Prices: Supplies, Backlog of Orders, Imports, Inventory Sentiment, Case Mix, Days Payable Outstanding, Technology Spend, and Touchless Orders), this report shows the percentage reporting each response and the diffusion index. Responses represent raw data and are never changed. Beginning in January 2021, the Report On Business^® staff and consultants are gathering market information to better validate the Exports Index. Exports Index data are still being collected.

The Hospital PMI^® is a composite index computed from the following, equally weighted indexes: Business Activity, New Orders, Employment and Supplier Deliveries. Diffusion indexes have the properties of leading indicators and are convenient summary measures showing the prevailing direction of change and the scope of change. A Hospital PMI^® index reading above 50 percent indicates that the hospital sub-sector is generally expanding; below 50 percent indicates that it is generally declining. For the sub-indexes, except Supplier Deliveries, an index reading above 50 percent indicates that the sub-index is generally expanding; below 50 percent indicates that it is generally contracting. A Supplier Deliveries Index above 50 percent indicates slower deliveries and below 50 percent indicates faster deliveries.

The Hospital ISM^® Report On Business^® survey is sent out to the Hospital Business Survey Committee respondents the first part of each month. Respondents are asked to ONLY report on U.S. operations for the current month. ISM^® receives survey responses throughout most of any given month, with the majority of respondents generally waiting until late in the month to submit responses to give the most accurate picture of current business activity. ISM^® then compiles the report for release on the fifth business day of the following month.

ISM ROB Content
The Institute for Supply Management^® (“ISM”) Report On Business^® (Manufacturing, Services, and Hospital reports) (“ISM ROB”) contains information, text, files, images, video, sounds, musical works, works of authorship, applications, and any other materials or content (collectively, “Content”) of ISM (“ISM ROB Content”). ISM ROB Content is protected by copyright, trademark, trade secret, and other laws, and as between you and ISM, ISM owns and retains all rights in the ISM ROB Content. ISM hereby grants you a limited, revocable, nonsublicensable license to access and display on your individual device the ISM ROB Content (excluding any software code) solely for your personal, non-commercial use. The ISM ROB Content shall also contain Content of users and other ISM licensors. Except as provided herein or as explicitly allowed in writing by ISM, you shall not copy, download, stream, capture, reproduce, duplicate, archive, upload, modify, translate, publish, broadcast, transmit, retransmit, distribute, perform, display, sell, or otherwise use any ISM ROB Content.

Except as explicitly and expressly permitted by ISM, you are strictly prohibited from creating works or materials (including, but not limited to tables, charts, data streams, time-series variables, fonts, icons, link buttons, wallpaper, desktop themes, online postcards, montages, mashups and similar videos, greeting cards, and unlicensed merchandise) that derive from or are based on the ISM ROB Content. This prohibition applies regardless of whether the derivative works or materials are sold, bartered, or given away. You shall not either directly or through the use of any device, software, internet site, web-based service, or other means remove, alter, bypass, avoid, interfere with, or circumvent any copyright, trademark, or other proprietary notices marked on the Content or any digital rights management mechanism, device, or other content protection or access control measure associated with the Content including geo-filtering mechanisms. Without prior written authorization from ISM, you shall not build a business utilizing the Content, whether or not for profit.

You shall not create, recreate, distribute, incorporate in other work, or advertise an index of any portion of the Content unless you receive prior written authorization from ISM. Requests for permission to reproduce or distribute ISM ROB Content can be made by contacting Rose Marie Goupil in writing at: ISM Research, Institute for Supply Management, 309 W. Elliot Road, Suite 113, Tempe, AZ 85284-1556, or by emailing [email protected]; Subject: Content Request.

ISM shall not have any liability, duty, or obligation for or relating to the ISM ROB Content or other information contained herein, any errors, inaccuracies, omissions or delays in providing any ISM ROB Content, or for any actions taken in reliance thereon. In no event shall ISM be liable for any special, incidental, or consequential damages, arising out of the use of the ISM ROB. Report On Business^®, PMI^®, Manufacturing PMI^®, Services PMI^®, and Hospital PMI^® are registered trademarks and trademarks of Institute for Supply Management^®. Institute for Supply Management^® and ISM^® are registered trademarks of Institute for Supply Management, Inc.

About Institute for Supply Management^®
Institute for Supply Management^® (ISM^®) is the first and leading not-for-profit professional supply management organization worldwide. Its community of more than 50,000 in more than 100 countries manage about US$1 trillion in corporate and government supply chain procurement annually. Founded in 1915 by practitioners, ISM is committed to advancing the practice of supply management to drive value and competitive advantage for its members, contributing to a prosperous and sustainable world. ISM empowers and leads the profession through the ISM^® Report On Business^®, its highly-regarded certification and training programs, corporate services, events, and assessments. The ISM^® Report On Business^®, Manufacturing, Services, and Hospital, are three of the most reliable economic indicators available, providing guidance to supply management professionals, economists, analysts, and government and business leaders. For more information, please visit: www.ismworld.org.

The text version of the public Hospital ISM^® Report On Business^® is posted on ISM^®‘s website at www.ismrob.org on the fifth business day* of every month at 10:00 a.m. ET.

The next Hospital ISM^® Report On Business^® featuring September 2024 data will be released at 10:00 a.m. ET on Monday, October 7, 2024.

*Unless the New York Stock Exchange is closed.

SOURCE Institute for Supply Management

• Save 20% off one Re/Supply item. Only members can access REI’s lightly used gear and trade-in program online or at REI stores.
• Get 20% off member pricing on bike service packages for mountain, road, hybrid and e-bikes. Every REI store across the country has a full-service bike shop to help the outdoor community get their most out of the bikes to ride farther and happier.
• Save $100 on all 2025 REI Adventures trips. REI Adventures offers nearly 150 fully hosted active travel trips from coast to coast, including new itineraries of backpacking, hiking and multisport itineraries in the Blue Ridge Mountains and Art Loeb Trail in North Carolina, Cumberland Island in Georgia, and California’s wine country. In addition, REI today launches three Grand Canyon itineraries that stay at the co-op’s new Signature Camp property opening next spring.
• Receive a $5 bonus card when redeeming $50+ of REI gift card(s) value on a full price purchase.
• Earn double rewards (10% versus 5%) on all REI purchases made with the REI Co-op Mastercard.  With no annual fee, REI Mastercard holders everyday earn 5% on REI purchases and 1.5% on all other purchases.
• Enjoy $2 off a Mountainfilm Adventure Shorts screening at select AMC Theaters. On September 28-29, adventure lovers can enjoy a curation of uplifting short films from the Mountainfilm festival in Telluride, Colorado that showcase extraordinary individuals who push boundaries and connect with the outdoors.

Learn more about REI Members Days at REI.com/membership.

Anyone is welcome to shop REI and tap into its expertise, but members who join the co-op for a one-time fee of $30 gain access to range of benefits. Year-round offers include discounts on shop services, rentals and experiences; early access to curated products and limited-edition gear; Re/Supply, the co-op’s lightly used gear and trade-in program; and more. As part of the co-op’s 100% satisfaction guarantee, members enjoy an extended return window of one year from purchase (exemptions apply). One of the most notable membership benefits is the annual Co-op Member Reward, which is typically 10% back on all eligible purchases from the prior year.

About the REI Co-op
REI is a specialty outdoor retailer, headquartered near Seattle. The nation’s largest consumer co-op, REI is a growing community of 24 million members who expect and love the best quality gear, inspiring expert classes and trips, and outstanding customer service. In addition to the co-op’s many stores across the country, outdoor enthusiasts can shop at REI.com, REI Outlet or the REI shopping app. Everyone is welcome to shop REI, but members who join the co-op enjoy a range of benefits. More than a retailer, REI is a purpose-driven and values-led company dedicated to enabling life outside for all. 

SOURCE REI Co-op

Indoor active entertainment leader strengthens Chicagoland presence with latest addition

WESTMONT, Ill., Sept. 6, 2024 /PRNewswire/ — Sky Zone, the premier indoor active entertainment destination, is excited to announce the opening of its latest park in Westmont, Illinois on Saturday, Sept. 7. Located at 52 East Ogden Ave. within the Westmont Plaza former Hobby Lobby, the new park marks Sky Zone’s ninth location in the greater Chicago metro area, with additional locations in Schaumburg, Arlington Heights and Lincoln Park underway.

To celebrate, Sky Zone Westmont is set to host a grand opening event on Sept. 21. Open to the public, the celebration will include free jump offers, a live DJ, ribbon cutting ceremony with local officials, giveaways, games and more.

“As a father of seven and a lifelong advocate for providing enriching environments for children, I’m thrilled to bring Sky Zone to Westmont,” said Sky Zone franchise owner, Dr. Steve Shaqra. “Our new park will offer a safe and exciting space where kids can unleash their energy, build friendships and enjoy quality time away from screens. It’s incredibly rewarding to create a place where families can come together for fun and physical activity, and we can’t wait to welcome the community beginning Sept. 7!”

With over 30,000 square feet, Sky Zone Westmont redefines the trampoline park experience, featuring a diverse array of attractions for guests of all ages. Highlights include springy Air Courts that give guests an extra boost while shooting baskets or scoring goals, a Soft Play area ideal for the youngest jumpers, a Zip Line for the most fearless fliers and an interactive Multi Ball that gives players an interactive experience, among other exciting amenities.

“Sky Zone Westmont’s opening is a testament of our dedication to expanding our presence and meeting the needs of families in metro Chicago and beyond,” said President of Sky Zone Franchise Group Mike Revak. “As we continue to pursue ambitious growth goals for 2024, we’re excited to introduce active play to the vibrant community of Westmont.”

In addition to enjoying the countless activities, guests can host the ultimate birthday celebration, team event or school function in one of Sky Zone Westmont’s party rooms – with set up, clean up and hosting all included. Sky Zone also offers parents cost-saving options like memberships that provide kids with daily access, parents with exclusive savings and families with access to members-only events. 

Entrepreneurs interested in joining the rapid growth at Sky Zone are encouraged to learn more about the brand and its offerings, at skyzone.com.

About Sky Zone:
Sky Zone, the premier leader in indoor active entertainment in the United States, owns, operates and franchises over 270 parks. Founded in 2004 as Sky Zone Trampoline Park, the brand has evolved from being the first of its kind to now being the top destination for active play offering its 500,000+ members over 60 smile-inducing attractions. The brand encourages families to make memories and Play Every Day through birthdays, team gatherings and after-school activities each year. Sky Zone caters to kids under 12 through thoughtful programming in a clean and safe environment. Sky Zone has been recognized as a top franchise organization in both Franchise Times’ Top 400 and Fast & Serious lists, as well as Entrepreneur’s Franchise 500. For more information about Sky Zone and to find your local park, visit skyzone.com or follow on socials at @skyzone.

SOURCE Sky Zone

The launch of MichBnB.com provides travelers with accommodations, inspiration, and offers across the state.

GRAND RAPIDS, Mich., Sept. 6, 2024 /PRNewswire/ — The Michigan Bed and Breakfast Association announces the launch of a new website, https://michbnb.com/, designed for Michigan travelers to discover the state’s best, including hidden gems and unique stays. The highly anticipated launch provides detailed Michigan travel information and itinerary ideas around the mitten state. The Association is comprised of hospitality accommodation members- including bed and breakfast properties, inns, lodges, and independent boutique hotels.