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Supply Chain



AllSpire Health GPO, a regional group purchasing organization based in Pennsylvania, selected Premier to support its annual $3.5 billion purchasing volume, the companies announced Aug. 20. 

For the average health system with five hospitals or 650 beds, supply shortages increase the cost of care to $3.5 million, restrict up to $1 million in excess inventory and cause $350,000 in lost revenue, according to Premier. 

So far in 2024, Medline has secured five agreements with health systems, including new agreements and additional deals to ongoing partnerships. 

After the COVID-19 pandemic yanked the global supply chain's norms and expectations, the industry mutated, The New York Times reported Aug. 12. 

CMS decided Aug. 8 to expedite coverage for up to five medical technologies every year, and the final ruling is drawing flak from the Medical Device Manufacturers Association.

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