About 8 percent of global stock perishes or is thrown away every year, translating to about $163 billion worth of wasted inventory, Bloomberg reported Nov. 10, citing a new report from materials supplier Avery Dennison.
Triamcinolone acetonide, a corticosteroid, is the most commonly administered drug in outpatient procedures, according to a recent report by Definitive Healthcare.
After working with a different supplier for more than three decades, Lincoln, Neb.-based Bryan Health chose Medline as its main vendor in a deal worth $140 million.
There is a national shortage of tracheostomy tubes, including ICU Medical’s Bivona tubes, and the dearth is more likely to affect pediatric patients because there are few alternative products, the FDA said Oct. 31.
As hospital supply chains endure inflationary pressures, the surge of multiple viruses and typical “end-of-the-year chaos,” medical supply experts told Becker’s their top concerns heading into 2022’s winter.