Category: Supply Chain

4 ways hospitals can alleviate 'supply shocks': McKinsey

Health systems that are not prepared for “supply shocks” can face reputational and financial losses and quality care issues, according to a July 11 article from McKinsey. 

21K electrosurgery devices recalled for 3rd-degree burn risk

Megadyne, a medical device company owned by Johnson & Johnson’s Ethicon division, recalled 21,000 electrosurgical pads after receiving 63 reports of burn injuries, the FDA said July 11. 

No higher risk of death with paclitaxel-coated devices, FDA says

Four years after the FDA said there could be a higher risk of death with paclitaxel-coated devices used for peripheral arterial disease, the agency concluded July 11 the evidence does not support this possibility. 

Medical swab supplier to shut down factories

Guilford, Maine-based Puritan Medical Products, a supplier of medical swabs, issued a WARN notice June 28 regarding the closure of its Portland, Tenn., manufacturing plant as well as one in Pittsfield, Maine, according to documents.

FDA clears rapid diagnostic test for bacterial respiratory infections

Lumos Diagnostics has received FDA clearance to market a rapid diagnostic test meant to support clinicians in determining when to prescribe antibiotics for acute respiratory infections.

Indiana system wins award for pharmacy supply chain work

Parkview Health, a 10-hospital system based in Fort Wayne, Ind., won the Top Supply Chain Projects Award from Supply & Demand Chain Executive for synchronizing its pharmacy and supply chain processes.

Women making strides in supply chain leadership

More than a quarter (26 percent) of C-suite and executive-level supply chain roles are now held by women, up from just 19 percent a year ago, according to a July 5 report from the Chartered Institute of Procurement and Supply, based on a 2023 Gartner s…

Medline's top 3 executives to step down

Medline’s CEO, COO and president will leave their roles and join the board of directors in October, the medical supply company said June 28. 

18 injuries spur recall of 260K catheters with leaking, breaking risk

Teleflex, a global medical supplier with its U.S. operations based in Morrisville, N.C., recalled more than a quarter of a million catheter systems after 83 complaints, 18 injuries and zero deaths were reported. 

Vontobel Holdings increases position in Cardinal Health by nearly 100%: What ASCs should know

Private investment group Vontobel Holdings has increased its position in health services company Cardinal Health by 98.1 percent since the start of the year, now owning 96,042 shares in the company, according to a June 25 report from Best Stocks based …