Category: Supply Chain

GHX bestows 2024 'Supply Chains of Distinction' honors

The Supply Chains of Distinction Award honors GHX Exchange-connected healthcare provider organizations that have demonstrated top-tier efficiency by excelling in perfect order metrics throughout the calendar year, according to a company announcement.&n…

Baxter recalls Spectrum infusion pumps

Baxter Healthcare has issued a recall for some Spectrum infusion pumps due to a potential defect involving missing motor mounting screws, which could lead to interruptions, delays or incorrect dosing of medication. 

Tariffs take effect: 7 notes

Sweeping tariffs on Mexico, China and Canada were imposed at midnight, March 4, with President Donald Trump stating in remarks at the White House that there would be no last-minute deals, The New York Times reported March 3. 

J&J recalls catheters after stroke incidents

Johnson & Johnson MedTech issued a recall for its Biosense Webster Varipulse Bi-Directional Ablation Catheter following reports of strokes and transient ischemic attacks in patients undergoing procedures with the device. 

Boston Scientific to acquire devicemaker: 3 things to know

Boston Scientific has reached an agreement to acquire SoniVie, a medical device company developing the TIVUS Intravascular Ultrasound System, an investigational technology aimed at treating hypertension through renal artery denervation. 

What healthcare supply chain leaders learn before they can 'run'

As the healthcare industry continues to embrace digital innovation, artificial intelligence continues to play an increasingly pivotal role in helping to optimize supply chain operations. 

Phillips launches updated AI tech for MRI scanners

Phillips has introduced SmartSpeed Precise, an updated AI-powered technology for MRI scanners, aiming to improve scan speed and image quality. 

Trump confirms tariffs on Canada, Mexico and China to take effect: 6 things to know

President Donald Trump confirmed that 25% tariffs on imports from Canada and Mexico, along with a 10% additional tariff on Chinese imports, will take effect March 4, according to a Feb. 27 post to Truth Social. 

How Banner Health's GPO is reshaping cost savings

Since establishing its own group purchasing organization in 2018, Phoenix-based Banner Health has aimed to drive cost savings and improve supply chain efficiencies across its network. 

Eli Lilly to invest $27B in manufacturing

Eli Lilly plans to invest $27 billion in four new pharmaceutical manufacturing facilities in the U.S., expanding its domestic production of medications across multiple therapeutic areas.