Supply Chain

The first six months of 2024 has seen a flurry of promotions and resignations in the healthcare industry, including the medical supply chain. 

When diversity, equity and inclusion initiatives are effective, HR professionals report low turnover among their respective companies' supply chain teams, according to a June report from the Association for Supply Chain Management and the Society for Human Resource Management. 

FedEx has secured more than $500 million in quality healthcare agreements in fiscal 2024, the company said during a June earnings call.

The healthcare industry rapidly embraced innovative solutions to navigate unprecedented supply chain challenges amid COVID-19. However, as the pandemic waned, so too has the pace of innovation, one supply chain expert told the Association of National Account Executives. 

The American Hospital Association said raising tariffs on Chinese-made medical supplies could create more problems. 

After 11 healthcare organizations urged CMS to remove catheter expenditures from accountable care organization calculations, the agency proposed excluding payment amounts for two catheter codes. 

Thousands of Philips Respironics' ventilators are facing issues with inoperative alarms, posing potential risks to patients, the FDA said June 27. 

Vizient and West Orange, N.J.-based RWJBarnabas penned a collaborative agreement to improve the health system's spend management and quality performance. 

The Healthcare Industry Resilience Collaborative awarded Medline its diamond-level resiliency badge for distribution, the medical supply company said June 25. 

For Intermountain Health's supply chain strategy, 40,000 more square feet means more than $12 million in annual savings.