On average, supply costs accounted for 13% of hospitals’ expenses in 2024, according to the American Hospital Association’s annual “Cost of Caring” report released April 30. In 2024, total hospital expenses grew 5.1%, outpacing the overall inflation rate of 2.9%,…
Supply Chain
The FDA has approved a new class of ablation device — Abbott’s Volt pulsed field ablation system — for the treatment of atrial fibrillation. The Volt system delivers high-energy electrical pulses to targeted areas of the heart to disrupt abnormal…
Medtronic has recalled certain DLP Left Heart Vent Catheters due to a defect that could cause serious injury or death. The recall applies to model numbers 12110, 12113 and 12115 with UDI-DIs 20643169880676, 20643169881338 and 20643169880935, according to a Dec.…
ICU Medical has issued a Class I recall for certain 150 mL IV Gravity Burette Sets after discovering some devices are missing an internal shut-off valve, increasing the risk of uncontrolled fluid flow. The recall affects two types of 23-inch…
Medline has struck a series of new and expanded partnerships with health systems in recent months, reinforcing its position as a major supply chain player in both medical-surgical and laboratory distribution. The privately held manufacturer and distributor also made headlines…
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Kentucky-based Signature HealthCare has entered a prime vendor agreement with Medline. The agreement, signed in July 2025, gives Signature HealthCare access to Medline’s full portfolio of medical-surgical supplies and brands, along with distribution and supply chain services designed to standardize…
South Bend, Ind.-based Beacon Health System signed a prime vendor agreement with Medline to support systemwide lab standardization. The multiyear partnership gives Beacon access to Medline’s portfolio of lab supplies and supply chain services across its 11 hospitals in northern…
As health systems plan for 2026, supply chain leaders say the next set of challenges will be less about acute shortages and more about structural pressures — from reimbursement declines and cost escalation to contract discipline, geopolitical instability and the…
The FDA is exploring a new contracting model that would allow venture capital firms to help facilitate partnerships between the agency and technology startups. The agency issued a request for information Dec. 19 seeking input from venture capital firms on…
Tariff uncertainty, inflation, and persistent import dependencies shaped hospital supply chain decisions throughout 2025, according to the American Hospital Association’s 2026 Environmental Scan. Supply and drug expenses accounted for more than one-fifth of total hospital spending last year — with…