Mundelein, Ill.-based Medline has launched its 2014 Medline Innovation Challenge, which aims to find and reward organizations for developing licensable medical devices and healthcare solution technology.
Supply Chain
Two former sales representatives of a medical device company in New Jersey admitted their roles in a fraud scheme that overcharged hospitals by more than $800,000, according to an NJ.com report.
If the number of drug recalls this year continues at its current rate, 2014 could bring in the highest number of recalls to date, according to a report from the Regulatory Affairs Professionals Society.
Those years of begrudgingly picking up and organizing rooms may pay off in the materials management arena, as a cluttered supply closet could be detrimental to cost savings and even patient safety.
When Phoenix Children's Hospital started planning an expansion in 2008, the hospital needed to construct a new central utility plant in addition to a new patient tower.
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Hospitals and health systems utilize numerous vendors to assist with daily operations, and many times, healthcare organizations can realize saving by reviewing vendor contracts.
San Francisco-based pharmaceutical distributor McKesson has agreed to pay $18 million to settle allegations that it failed to comply with shipping and handling requirements of its vaccines, thereby violating its contract with the Centers for Disease Control and Prevention.
Chicago-based OpenMarkets and the Greater New York Hospital Association Services have renewed a group buying agreement in which GNYHA Services hospital members can participate in certain OpenMarkets programs at a discounted rate.
The following three stories discuss the orthopedic supply chain, compiled on Becker's Hospital Review over the past two months.
Restructuring and implementing supply chain support systems may not be enough for hospitals to realize their full savings potential.