The Federal Reserve said between a third and half of businesses are struggling to acquire supplies, “and many are reducing operations and raising prices to compensate, though to a lesser extent than a few years ago.”
Globally, supply chain pressures have eased since November 2023, according to the Federal Reserve’s Global Supply Chain Pressure Index.
Regionally, though, supply availability on services and manufactured products steadily increased for about two years before plateauing in late 2023, the Federal Reserve found. Its new supply availability indexes will be published in monthly, regional updates starting in June.
Read more here.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.