On average, supply costs accounted for 13% of a 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…
Supply Chain
A nonprofit based in Warren, Ohio, that runs Trumbull Regional Medical Center and Hillside Rehabilitation Hospital is fighting claims that it owes nearly $300,000 to Roche Diagnostics, 21 WFMJ reported June 24. Insight Foundation of Trumbull denied nearly all allegations…
Medline has expanded a correction involving procedure kits containing its Medtronic aortic root cannulas, due to risk of serious injury or death. The expanded recall comes after Medline confirmed more kit types may contain cannulas with excess material in the…
Health systems are adopting a range of strategies to strengthen collaboration between clinical and supply chain teams, such as implementing formal governance structures, data-driven disruption monitoring and integrated communication workflows to help maintain patient care amid supply challenges. Here are…
The FDA has quietly authorized more than 1,000 medical devices incorporating artificial intelligence or machine learning, marking a significant growth of AI in healthcare. The agency’s AI/ML-Enabled Medical Device List, regularly updated on its website, includes tools across a wide…
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Here are three of the most recent recalls reported to the FDA in June: Q’Apel Medical recalled its Hippo 072 aspiration system, including the Cheetah delivery tool and aspiration tubing, following a FDA warning letter. The devices, used for removing…
Florida Attorney General James Uthmeier has taken legal action against Contec, a Chinese medical devicemaker, and Miami-based reseller Epsimed, alleging the companies sold patient monitors that pose cybersecurity risks and misled customers about safety. According to a June 16 news…
A bipartisan group of U.S. senators has reintroduced a bill designed to address ongoing shortages of generic drugs by expanding domestic stockpiles and manufacturing capacity. Here are three notes:
Ryan Koos was appointed senior vice president and chief supply chain officer at Phoenix-based Banner Health, effective June 16. Mr. Koos joins Banner Health with more than 22 years of leadership experience in healthcare supply chain management, according to a…
Healthcare leaders are navigating the new era of trade policy following a series of tariffs recently imposed by President Donald Trump. Here are six takeaways on where tariffs stand now: