Medline Industries confidentially filed a proposed initial public offering with the U.S. Securities and Exchange Commission.
Supply Chain
Baxter has announced a significant milestone in its recovery efforts following Hurricane Helene, with eight of the 10 manufacturing lines at its North Cove site now restarted. This brings the site to approximately 85% of its pre-hurricane capacity.
In the healthcare supply chain, "resilience" has become a ubiquitous term. It emerged as a critical focus during the COVID-19 pandemic, when hospitals and health systems struggled to procure personal protective equipment, ventilators and medications.
Boston Scientific has issued a recall for its POLARx Cryoablation Balloon Catheters after four deaths and seven reported injuries linked to astrio-esophageal fistulas, a severe complication during atrial fibrillation ablation procedures.
Medical device recalls, whether voluntary or mandated, are crucial for ensuring patient safety.
The following supply chain executive moves have been shared with or reported by Becker's in the past year.
The Administration for Strategic Preparedness and Response has partnered with SLI Medical to ship 41,000 cases of IV fluids to the U.S. to help mitigate an ongoing shortage exacerbated by disruptions at a Baxter plant in North Carolina.
Acutus Medical will reduce its workforce by 70% as it continues its contract manufacturing agreement with Medtronic.
Baxter continues to restore manufacturing operations at its North Cove, N.C., site, revealing the production on several key product lines has resumed, according to a Dec. 5 news release from the company.
The healthcare industry is still grappling with supply disruptions, and experts predict these challenges will persist in 2025, according to the American Hospital Association's 2025 Environmental Scan report.