Declines in new supplies orders, a backlog of orders and employment issues were among the factors driving hospital economic activity to contract for the first time in 35 months, the Institute for Supply Management said June 7.
The FDA confirmed localized tourniquet shortages June 5 and recommended healthcare facilities ration supply, use alternative products and reuse sterilized devices.
As health systems and hospitals crawl back to positive finances after 2022 swept many into the red, Kaiser Permanente’s supply chain unit is focused on managing inflation through better understanding and tracking.
The FDA is deciding whether to temporarily allow the importation of chemotherapy drugs from unapproved manufacturers outside of the U.S. as the nation grapples with a shortage of key cancer drugs, a spokesperson with the agency told CNBC June 1.
With 268 recalls, the second quarter of 2022 hit the record of the highest number of recalled medical devices since 2020, according to an industry report from Sedgwick.
A Florida business owner was sentenced to 65 months in prison for a Medicare fraud scheme involving back, knee, and wrist braces, the U.S. Attorney’s Office for the southern district of New York said May 26.
FDA officials are warning that medical device shortages could worsen now that the public health emergency has expired because with its end a requirement for medical device companies to notify the agency of shortages also ceased.
In a new partnership, Minneapolis-based Allina Health recently chose Elmhurst, Ill.-based MedSpeed to supply physical materials including pharmaceuticals and specimens.