Baxter has permanently recalled its Life2000 ventilation system due to a cybersecurity issue. If left unattended, an unauthorized person could tamper with the device’s therapy settings or access its data, potentially compromising the system’s air delivery function, according to a…
Supply Chain
Gartner, a research and advisory company that annually ranks health system supply chains, said digital transformation is accelerating as leading health systems expand automation, AI and predictive technologies across departments and care sites. The following six organizations, featured in Gartner’s…
Gartner, a research and advisory firm that annually ranks health system supply chains, highlighted cost control as a key priority among its top performers for 2025. Health systems facing continued margin pressure implemented large-scale savings initiatives through consolidated service centers,…
Abbot has issued a medical device correction for some of its glucose sensor products after identifying a manufacturing issue that can lead to falsely low glucose readings. The correction affects about 3 million FreeStyle Libre 3 and FreeStyle Libre 3…
The healthcare investment firm Patient Square Capital finalized its $2.6 billion acquisition of Charlotte, N.C.-based Premier on Nov. 25. Four notes: 1. The deal takes Premier private, making it a wholly owned subsidiary of Premium Parent, an affiliate of Patient…
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Gartner, a research and advisory company that annually ranks health system supply chains, extracted three core priorities common to this year’s top performers. An expansion of clinical collaboration initiatives, resurgence of cost management and acceleration in the digital supply chain…
Chicago-based GE HealthCare is set to acquire Intelerad, a medical imaging software company with a strong outpatient and ambulatory presence, for $2.3 billion in cash. The deal will expand GE HealthCare’s enterprise imaging footprint beyond hospitals and academic centers into…
The annual Gartner Healthcare Supply Chain Top 25 ranking has again named Altamonte Springs, Fla.-based AdventHealth as the industry leader in supply chain performance and innovation. The ranking, which Gartner published Nov. 19, recognizes health systems that demonstrate excellence in…
A federal jury has awarded an Apple competitor $634.3 million over claims the tech giant infringed on a patent for its smartwatch health-monitoring technology. Health tech company Masimo filed the lawsuit in 2020, asserting the Apple Watch’s heart and blood-oxygen…
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%,…