Category: Supply Chain

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

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. 

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 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. 

The FDA has approved Medtronic’s Brainsense Adaptive deep brain stimulation for patients with Parkinson’s disease. 

Boston Scientific has recalled its Accolade pacemaker devices due to a manufacturing issue that could cause the devices to enter safety mode, requiring replacement. 

Here are the top 10 medical devicemakers for 2024 listed by total revenue.

ICU Medical has issued a nationwide recall for certain lots of potassium chloride injections due to a labeling error.