Supply Chain

In the realm of the hospital supply chain, cost dictates all.

The Red Cross is experiencing a shortage of blood and platelets on the East coast in the wake of Hurricane Matthew.

The average age of all fixed assets in the U.S. — including hospitals and medical devices — hit 22.8 years in 2015, the oldest number reported since 1925, according to figures from the U.S. Bureau of Economic Analysis.

Atlanta-based Logility recently launched the Logility Voyager Integrated Business Planning technology platform.

Mylan reached a $465 million settlement with the federal government over accusations the Canonsburg, Pa.-based drugmaker improperly classified EpiPens as a generic drug to overcharge Medicaid, reports The New York Times.

Clever Culture Systems earned Food and Drug Administration approval for its Automated Plate Assessment System.

Intellipharmaceutics International earned tentative approval from the Food and Drug Administration for its quetiapine fumarate tablets.

The Food and Drug Administration recently approved Deerfield, Ill.-based Lundbeck's new epilepsy drug Carnexiv.

While logistics companies, warehouses and courier services all added new positions last month in preparation for a busy holiday season, trucking companies and manufacturers slashed jobs due to slow growth in shipping volumes, reports The Wall Street Journal.

Our nation’s health systems remain focused on evolving in the face of change.