Medical Device Innovation Consortium advocates for early feasibility studies in US

The Medical Device Innovation Consortium developed a blueprint for early feasibility study success.  By Mackenzie Bean -

6 ways to reevaluate how your hospital manages high-value medical products

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As the Affordable Care Act has helped the healthcare industry to shift its focus from volume to value, health care providers are increasingly challenged to find new ways to drive down the total cost of care.

Wisconsin lawmakers want answers over high drug costs

Wisconsin's Democratic lawmakers are drafting a proposal to control the cost of prescription drugs in the state, according to Wisconsin Public Radio.  By Mackenzie Bean -

New gunshot wound device saves first life on battlefield

The XSTAT hemostatic device was successfully used this week to clot a bleeding soldier's wound, marking the first documented clinical use of the tool.  By Mackenzie Bean -

Scope-cleaning machine tied to super bugs still in use after FDA backs off recall

Six months ago, the FDA ruled that a machine tied to a dangerous superbug outbreak needed to be taken off the market to protect public health. However, the machine remains in use after FDA officials backed down, according to Bloomberg.  By Mackenzie Bean -

Scientists develop method to 'print' drugs into customizable tablets

A team of researchers from the National University of Singapore created a new tablet fabrication method that produces a single customizable pill specific to patients' needs.  By Mackenzie Bean -

Needle-free drug delivery market predicted to reach $13B by 2023

Here are four key takeways on this growing market from Transparency Market Research.  By Mackenzie Bean -

Medicare's proposed drug pricing plan raises bipartisan concerns

A new proposal from Medicare to alter the way it pays for some drugs has sparked a large debate as to whether the plan gives too much power to government regulators over drug prices, according to PBS.  By Mackenzie Bean -

Physicians approve stroke prevention device for FDA approval after 13 years of research

A group of physicians assembled Tuesday on behalf of the FDA to rule that St. Jude Medical's new heart device appears safe and effective in stroke prevention, according to the Minneapolis Star Tribune.  By Mackenzie Bean -

Northwestern researchers: FDA faces room for improvement in regulation of female health devices

In the last 15 years, the FDA approved several high-risk devices for obstretric and gynecological procedures that were insufficiently tested before receiving approval, according to researchers at Northwestern University's Feinberg School of Medicine.  By Mackenzie Bean -

Healthcare Supply Chain Association names Vizient's Ricki Wilson chairperson for healthcare division

The Healthcare Supply Chain Association has named Ricki Wilson, director of supply chain informatics at Irving, Texas-based Vizient, chairperson of the HSCA's Committee for Healthcare eStandards. By Tamara Rosin -

Eli Lilly plans to launch 20 new drugs by 2023

During a presentation to investors Tuesday, Indianapolis-based pharmaceutical company Eli Lilly outlined an ambitious plan to launch up to 20 new drugs by 2023, according to Fortune. By Tamara Rosin -

OSF Ventures investing $5.2M in BrightWater Medical

OSF Ventures, the corporate investment arm of OSF HealthCare in Peoria, Ill., led a $5.2 million Series A financing round in BrightWater Medical, a Mountain View, Calif.-based mid-stage medical device company founded by Peoria physician Bob Smouse, MD.  By Kelly Gooch -

Entellus Medical names CFO

Medical device maker Entellus Medical has appointed Brent Moen corporate secretary and CFO, effective immediately.  By Ayla Ellison -

12 healthcare organizations win ECRI Healthcare Supply Chain Achievement Award

Twelve healthcare organizations are winners of the fifth annual Healthcare Supply Chain Achievement Award from the ECRI Institute. By Tamara Rosin -

1,000 pills in 24 hours: New, refrigerator-sized drug machine does the work of a manufacturing plant

A prototype machine the size of a kitchen refrigerator created in a lab at the Massachusetts Institute of Technology in Cambridge can produce 1,000 pills in 24 hours, a rate superior to production speed in some factories, according to NPR. By Brian Zimmerman -

Penicillin shortage could prove problematic as cases of syphilis increase

Cases of syphilis — a sexually transmitted disease once nearly eliminated in the U.S. — are increasing. A shortage of penicillin — which is typically used to treat syphilis — was reported by pharmaceutical manufacturer Pfizer in April, and this shortage has elicited concern from some medical experts, according to NPR. By Brian Zimmerman -

The top supply chain challenges of 2016

The supply chain poses a number of challenges for hospitals and health systems, and is often at the focal point of efforts to eliminate waste and reduce spending. A recent survey from MHI and Deloitte narrows in on the top challenges facing supply chain professionals this year. By Tamara Rosin -

Medline and SBH Health announce 3 year prime vendor distribution agreement

Studies have shown that supply chain represents 40 to 50 percent of a hospital’s operating expensive.  By Staff -

Medical device maker to pay up to $7.8M for selling dirty needles

B. Braun Medical, a German device maker with U.S. headquarters in Bethlehem, Pa., is set to pay up to $7.8 million to resolve its criminal liability for selling contaminated pre-filled saline flush syringes in 2007, which allegedly led to infections and at least five deaths, the Department of Justice announced Wednesday. By Heather Punke -

UVM Medical Center named recipient of Vizient's supply chain performance award

Irving, Texas-based Vizient, the largest member-owned healthcare company in the U.S., has selected the University of Vermont Medical Center in Burlington to receive its President's Award of Honor for performance-related achievements in its supply chain during 2015. By Tamara Rosin -

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