Supply Chain

Cardiology device revenues are expected to grow faster than the rest of the medical device industry in the coming years, according to a Moody's Investors Service report cited by Medtech Dive. 

Ten hospitals and health systems posted job listings for supply chain expertise in the last week:

Cardinal Health issued a voluntary recall of 9.1 million surgical gowns, a company spokesperson confirmed to Becker's Hospital Review.

The FDA approved Jan. 21 Medtronic's Micra AV, the world's smallest pacemaker with atrioventricular synchrony, according to the company. 

Reva Medical, a San Diego-based devicemaker that specializes in vascular devices, has filed for Chapter 11 bankruptcy, Mass Device reported. 

Spartan Medical, a medical device supplier, filed a lawsuit accusing Globus Medical, a devicemaker, of breaking its $2.1 billion contract to supply Veterans Affairs hospitals with medical supplies.

Medline hasn't been sterilizing medical equipment at its Waukegan, Ill., facility since mid-December because it didn't finish construction needed to meet new state standards for ethylene oxide emission in time, according to the Lake County Health Department.

For hospitals and health systems, reducing supply chain waste is a top priority as the shift toward value-based care drives new cost saving initiatives.

Moody's Investors Service released its January Healthcare Quarterly report, detailing analysts' predictions for the healthcare industry in 2020. 

The Environmental Protection Agency backed down on its request to find out more about how medical sterilization facilities use ethylene oxide, a carcinogenic chemical, after the FDA claimed  jurisdiction in the matter, Bloomberg Environment reported.