For the average health system with five hospitals or 650 beds, supply shortages increase the cost of care to $3.5 million, restrict up to $1 million in excess inventory and cause $350,000 in lost revenue, according to Premier.
Category: Supply Chain
107 adverse events tied to insulin pump app: FDA
Patients who use an insulin pump’s mobile app are reporting software issues with the app’s former and current versions, the FDA said Aug. 12.
Medical devicemakers critique CMS ruling
CMS decided Aug. 8 to expedite coverage for up to five medical technologies every year, and the final ruling is drawing flak from the Medical Device Manufacturers Association.
Port strike would disrupt hospital supply chains
Vizient recommends supply chain leaders at health systems keep close watch of a looming, potential strike on East Coast and Gulf Coast ports.
How health systems are handling a blood culture bottle shortage
Health systems are grappling with effects from the BD BACTEC blood culture media bottle shortage.
Medline acquires Ecolab
Medical supply manufacturer and distributor, Medline, has successfully acquired Ecolab, a global surgical supply business, the company announced Aug. 1.
Bon Secours Mercy Health, Philips pen yearslong deal
Cincinnati-based Bon Secours Mercy Health and Philips have struck a 10-year strategic collaboration for patient monitoring.
How employee engagement can boost supply chain success
From the warehouse to a hospital storage cabinet, supply chain leaders see a direct connection between employee satisfaction and patient care.
How employee engagement can boost supply chain success
From the warehouse to a hospital storage cabinet, supply chain leaders see a direct connection between employee satisfaction and patient care.
Former payer executive joins HealthTrust
Group purchasing organization HealthTrust Performance Group has appointed two executives.
