As product shortages continue to challenge healthcare operations across the country, supply chain leaders are doubling down on proactive measures to protect essential procedures from disruptions. Here are responses from four supply chain leaders who were asked: What is one…
Supply Chain
Here are seven new drug shortages and discontinuations, according to drug supply databases from the FDA and the American Society of Health-System Pharmacists.
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%,…
The Massachusetts Department of Health has opened an emergency supply warehouse, aiming to strengthen health system supply operations in times of crisis. The 75,000-square-foot facility, located in Franklin, Mass., has more than 21 million items, including personal protective equipment, bandages,…
Oracle has introduced new AI-powered features in its Fusion Cloud Applications aimed at helping healthcare organizations strengthen supply chain operations. The enhancements include Oracle Fusion Cloud Advanced Inventory Management, which uses artificial intelligence to optimize stock levels, prevent shortages of…
As part of a new trade agreement with the U.S. and Japan, the Trump administration is exempting generic pharmaceuticals, their ingredients and chemical precursors from the 15% baseline tariff applied to imports from Japan. Here are four tariff updates:
DHL Supply Chain is acquiring SDS Rx, a U.S.-based provider of final-mile delivery and specialized transportation services for long-term care and specialty pharmacies, radiopharmacies and health system networks. The deal will expand DHL’s healthcare logistics capabilities, especially in time-critical and…
Medline has entered into a multi-year vendor agreement with West Calcasieu Cameron Hospital in Sulphur, La. Under the agreement, the hospital will source a range of medical and surgical supplies from Medline, including custom surgical packs, according to an Sept.…
President Donald Trump signed an executive order modifying the scope of tariffs for certain imports, including pharmaceuticals, yet some of the proposed changes are dependent on the U.S. reaching broader trade agreements, according to the White House. Here are five…
Franciscan Health Indianapolis has temporarily paused some elective surgeries due to a technology issue that disrupted the hospital’s supply of surgical equipment. The hospital — which claims to be the “only full-service heart and vascular care program on the south…