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Philips to cut 4,000 jobs to save $296M
Philips, an Amsterdam-based medical device company, will cut 4,000 jobs as it weathers a recall of 18 million sleep apnea masks, The Wall Street Journal reported Oct. 24. -
Abbott plans $500M formula plant
The baby powder shortage lasted months after Abbott Laboratories shuttered its main manufacturing site for the product, and the company is now planning a new $500 million facility, CBS News reported Oct. 21. -
Helium shortage raises concerns around MRIs
A shortage of liquid helium, a nonrenewable element that has been dwindling in supply, is worrying physicians because MRI machines require the ultra-cold material for its magnets, NBC News reported Oct. 22. -
Wellstar, HCA Healthcare and 8 other systems seeking supply chain talent
Here are 10 health systems and hospitals that posted job listings seeking supply chain expertise in the last week. -
Philips Respironics recalls 1M more sleep masks
Since their September recall of more than 17 million sleep masks, Philips Respironics bumped that number up to 18,670,643 units on Oct. 19. -
Medtronic heartware devices: 2 updates
Medtronic, a medtech company based in Ireland, reported two recent updates to its heart devices: -
Achieving operational and clinical efficiency in a supply-constrained environment
The COVID-19 pandemic forced healthcare organizations and their supply chain partners to address shortages and solve operational challenges under extreme pressure. -
Missouri patient visitation law could cost hospitals $20.9M, mostly for gowns, masks
A Missouri law barring hospitals from limiting patient visits is 11 times more expensive than early projections predicted, and the cost of personal protective equipment is driving the expense, the St. Louis Post-Dispatch reported Oct. 12. -
Tenet, Houston Methodist and 8 other systems seeking supply chain leaders
Here are 10 health systems and hospitals that posted job listings seeking supply chain expertise in the last week. -
The future of the healthcare supply chain: Thought leaders weigh-in on driving trends
The last few years have brought about increased visibility to the overall resiliency and preparedness of the global supply chain, highlighting the industry’s ability — and inability — to manage sustained, long-term demand. Medline spoke with industry leaders across the country to capture their insights into what will shape the future of the healthcare supply chain and contribute to the ability to respond to the demands of the next crisis. -
Healthcare Supply Chain Association joins drug shortage initiative
The Healthcare Supply Chain Association is joining the End Drug Shortages Alliance, which represents seven group purchasing organizations. -
Hoag Memorial Hospital Presbyterian partners with Medline
Hoag Memorial Hospital Presbyterian, a three-hospital health system based in Newport Beach, Calif., picked Medline as its exclusive medical supply distributor in a partnership valued at $200 million. -
UnitedHealthcare's updated coverage policy is 'disappointing,' devicemaker says
Nevro, a company that sells chronic pain medical devices, called UnitedHealthcare's newest coverage policy update "disappointing" after the insurance company hinted it wouldn't cover spinal cord stimulation devices for some people with chronic back pain. -
Supply chain pressure index continues to fall closer to historical levels
Pressure on the global supply chain is at the lowest it has been since November 2020, according to the transportation cost and manufacturing data tracked by the Federal Reserve Bank of New York. -
BD recalls sterilization containers over infection risk
BD is recalling 17 types of metal containers that hospitals use when sterilizing surgical tools after learning some may be capable of spreading infectious pathogens, The Wall Street Journal reported Oct. 7. -
With Hurricane Ian, Southeast supply chain 4 to 8 weeks away from recovery
After Hurricane Ian slammed into hospitals and medical supply facilities in the Southeast, it may take one to two months for logistics networks to fully recover from the storm's wrath, Bloomberg reported Oct. 6. -
Medline invests in reducing supply chain waste with pharmacy vending machines
Medline, a supply manufacturer and distributor that has pledged $4 billion toward supply chain resiliency, will partner with an automated vending company to better track supply and reduce waste. -
Beaumont Health, HCA Healthcare and 8 other systems seeking supply chain leaders
Here are 10 health systems and hospitals that posted job listings seeking supply chain expertise in the last week. -
5 recent devicemaker acquisitions, CEO moves
Here are five recent acquisitions and executive moves among medical device companies, listed in chronological order: -
To support diversity in supply chain, CVS Health partners with 3 historically Black schools
CVS Health will partner with three historically Black colleges and universities to sponsor more diversity in the supply chain industry, the retail pharmacy said Oct. 4.
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