Supply Chain

Dozens of federal investigators last month raided an office building in Largo, Fla., which was filled with medical device supply companies, according to local NBC affiliate WPTV.

Providers are continually searching for best practices to control costs without jeopardizing patient care, especially as declining reimbursements and increasing product expenses continue to squeeze hospital margins.

Five recent drugs or medical devices approved by the FDA since May 10:

The American Red Cross and Bloodworks Northwest — two organizations that provide blood supply to hospitals across the nation — are still facing critical shortages of two blood types, prompting them to offer rewards to attract donors, according to The…

In an effort to alleviate a U.S. shortage of IV fluids, B. Braun Medical will invest $1 billion to build or expand facilities that produce the fluids.

Hospitals and health systems that use group purchasing organizations save 13.1 percent on supply-related buying costs compared to those that don't use GPOs, according to a new report commissioned by the Healthcare Supply Chain Association.

Amazon will pay workers $10,000 and three months of their existing pay to quit and start their own package delivery companies, according to CNBC.

Walmart will launch next-day delivery services for its shoppers in three West Coast markets within the next few days, according to CNBC.

Based on the proven best practices followed by many healthcare providers across the country, follow these three steps as you establish your own procedure pack standardization strategy1:

Four drugs or medical devices have been approved by the FDA since May 3: