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Intermountain's supply center to expand by 2024
Intermountain Healthcare will expand its Supply Chain Center, which opened in 2012, to include an additional 38,000 square feet of warehouse space and 10,000 square feet of pharmacy space by 2024. -
Severe flu season may affect blood supply: Red Cross
A severe flu season could not only strain hospitals but also threaten the nation's blood supply this winter, the American Red Cross said Nov. 8. -
Like 'an old Western movie bar fight,' supply issues are relentless, devicemakers say
Medical device manufacturers are struggling to keep up with demand as inflation-driven costs for raw materials shrink their profits, The Wall Street Journal reported Nov. 13. -
Johns Hopkins, Atrium Health 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. -
Becton Dickinson's revenues drop 1.8% in Q4
Becton, Dickinson and Co.'s revenues fell from $4.85 billion in last year's fourth quarter to $4.76 billion, equal to about a 1.8 percent decrease in sales, the devicemaker said Nov. 10. -
$163B in surplus inventory wasted annually: Report
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. -
Bryan Health picks Medline as primary supplier
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. -
With higher supply costs, manufacturers point to freezing wages, hiring
With geopolitical concerns hitting the supply chain, nearly two-thirds of U.S.-based manufacturers plan to freeze wages and recruitment efforts, according to data CNBC cited in a Nov. 4 report. -
Signs You're Underinvesting in Supply Chain
Have you ever heard the idea that “cheap is expensive?" -
Cardinal Health sees 13% revenue boost in Q1
Cardinal Health noted a 13 percent increase in revenue, from $44 billion to $49.6 billion, in its first quarter of 2023. -
4 injuries spur recall of 60K bacterial filters
In a Class I recall, the most serious type, devicemaker Teleflex recalled 60,500 bacterial filters in response to four injuries and 36 complaints of the filter separating from breathing systems. -
Johns Hopkins, Harris Health 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. -
Texas cities face ambulance shortage
Some cities in Texas are asking the federal government to help with supplying more ambulances after intense flooding caused a supply issue, NBC-affiliate KXAN reported Nov. 2. -
J&J to acquire medtech company for $16.6B
Johnson & Johnson will acquire Abiomed, a medtech company based in Danvers, Mass., for $16.6 billion by the end of the first quarter of 2023. -
FDA warns of tracheostomy tube shortage
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. -
Providence, Children's Health, 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. -
Stockpiling only worsens the supply chain, experts say
Whether it's "end-of-the-year chaos" with manufacturers halting production for a few weeks or geopolitical concerns, supply chain disruptions are bound to happen — but that doesn't mean hoarding is the solution, Harvard Business Review reported Oct. 27. -
6 negative effects of leaving physicians out of the supply chain
From fall 2020 to the present, the costs for some of the most critical elements (e.g., resins, cotton and metals) in the medical supplies and devices that hospitals and health systems use daily all soared in excess of 30 percent, in parallel with rising foundational costs like shipping freight and energy. Healthcare organizations’ drug expenses spiked, too, until by the end of last year they were 28 percent higher than pre-pandemic levels. -
7 recent drug, device recalls
Here are seven drug and medical device recalls the FDA reported in October: -
Refreshing Hospital Supply Chain Risk
Supply chain issues have become part of the new normal in healthcare—in 2021, 99% of hospitals and health systems reported challenges in supply procurement.
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