Supply Chain

Walmart extends contract with Express Scripts

Walmart signed a three-year contract extension with pharmacy benefit manager Express Scripts, which will allow Express Scripts' covered members to access Walmart's prescription services. By Alia Paavola - 12/13/18

3 steps to create a clinically integrated supply chain

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In a world of narrowing margins and reimbursements, the supply chain is a proven target for reducing waste and saving money. Supply chain professionals work diligently to improve not only the price of products, but also seek innovative new ways to identify and reduce supply chain waste, such as product standardization and inventory management automation.

Premier Inc. survey: nearly 75% of health systems report interest in value-based contracting

A recent article by Premier Inc. reviews survey results focused on health systems' interest in value-based contracting. By Staff - 12/13/18
Shingles vaccine shortage worsens

Despite efforts by its manufacturer to ramp up deliveries and production, the national shortage of Shingrix, a new vaccine to protect against shingles, is worsening, according to The Washington Post. By Alia Paavola - 12/11/18

Podcast Sneak Peak: Insights from a Health System Leader on what makes a Champion of Change in Supply Chains

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In a recent interview, Joe Swartz, the administrative director of business transformation for Franciscan St. Francis Health, spoke about his organization’s ten years of effort in engaging every staff member in “kaizen,” or continuous improvement.

24 Amazon employees hospitalized after warehouse robot discharges bear repellent

Two dozen Amazon warehouse workers in New Jersey were hospitalized after a robot accidentally broke open a can of bear repellent spray, according to ABC News. By Mackenzie Bean - 12/7/18
The secret recipes for success in the dynamic healthcare environment: 5 Qs with Cardinal Health's senior vice president of strategic corporate accounts

Several trends, including declining reimbursements and population health imperatives, are forcing care into cheaper settings — a shift that will place additional pressure on health system margins. By Alia Paavola - 12/7/18
Medtronic resolves medical device probes for $50.9M: 5 things to know

Medtronic will pay $50.9 million to resolve three U.S. Justice Department probes. The payments settle allegations that companies it now owns conducted improper medical device marketing, paid illegal kickbacks to hospitals and participated in other physician-engagement practices. By Alia Paavola - 12/5/18
3 ways to build a top-performing supply chain in and out of the hospital

From ineffective inventory management to lack of standardization, health system organizations face many challenges in managing their supply chains. However, by ironing out some of these supply chain management challenges, hospitals, health systems and other providers can become more efficient and free up cash flow. By Ayla Ellison - 12/5/18

A biosimilar of Rituxan, a novel cancer drug & more: 5 latest FDA approvals

Here are five drugs or medical devices approved by the FDA since Nov. 23: By Alia Paavola - 11/30/18
What's next? 5 predictions for the healthcare supply chain in 2019

As the supply chain ecosystem evolves in 2019, healthcare leaders must focus on collaboration and purpose to ensure optimization, according to Steve Dowse, senior vice president of product management for supply chain solutions provider Blume Global. By Alia Paavola - 11/30/18
Cleveland Clinic leads list of 25 top healthcare supply chains for 2018

Research and advisory firm Gartner has released its 10th annual HealthCare Supply Chain Top 25 rankings for 2018, recognizing health systems or healthcare companies for their efforts to improve human life at sustainable costs. By Alia Paavola - 11/28/18
Accenture, Merck, Amazon's cloud-based drug discovery platform now open to software vendors

Accenture launched what it calls an "open partner ecosystem" to help independent software vendors support its drug discovery platform. By Jessica Kim Cohen - 11/26/18

Sales reps may get the boot from hospital ORs

Sales representatives for medical device companies have been attending surgeries for years, but hospital leaders may start to take a closer look at whether these reps should be in the operating room, according to NPR. By Megan Knowles - 11/26/18
FDA to modernize medical device approval process: 5 things to know

The FDA plans to revamp how it clears medical devices through an expedited approval process called the 510(k) pathway, FDA Commissioner Scott Gottlieb, MD, and Jeff Shuren, MD, director of the Center for Devices and Radiological Health, announced in a Nov. 26 statement. By Mackenzie Bean - 11/26/18
First FDA-cleared 'digital therapeutic' for substance use disorder launches

Pear Therapeutics and Novartis division Sandoz launched reSET, a digital therapeutic for substance use disorder, Nov. 19. By Jessica Kim Cohen - 11/21/18
Many pharma apps won't be regulated under proposed FDA framework

The FDA has proposed a new plan to regulate digital tools developed by pharmaceutical companies, such as apps that offer medication reminders. By Jessica Kim Cohen - 11/20/18
Red Cross collects 21,000 fewer blood donations than needed, issues urgent call for donors

After collecting 21,000 fewer donations than hospitals needed, the American Red Cross is facing a severe blood shortage, according to The Herald News. By Alia Paavola - 11/20/18
Boston Scientific acquires BTG for $4.2B, boosting stake in interventional medicine

To bolster its offerings in interventional medicine, Boston Scientific agreed to purchase British device and pharma firm BTG PLC. for $4.24 billion in cash, according to The Wall Street Journal. By Alia Paavola - 11/20/18
Boston Scientific plans $150M in annual cuts, including 'limited' layoffs

Boston Scientific, a medical devicemaker, plans to shed $150 million in expenses annually over the next three years, which may include "limited" layoffs, according to the Boston Business Journal. By Alia Paavola - 11/19/18
The Hospital Supply Chain: Where You Sit Changes Everything

We recently surveyed more than 400 hospital staff, including nurses, physicians, service line leaders and supply chain administrators, to understand how the supply chain affected their day-to-day work. We learned that these colleagues shared some fundamental goals, but each held different views about supply chain challenges and needs. By Staff - 11/19/18

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