Supply Chain
The overall rise in medication costs is slower than in previous years as more generic drugs have become available, according to an industry report.
Medicare patients can anticipate paying considerably less for their diabetes and other products starting in July when the Centers for Medicare & Medicaid Services expands its competitive bidding for durable medical equipment (DME) and mail-order program but the DME industry continues to point out problems with the program.
Keeping shelves stocked and enough supplies in their place is one of the most important aspects of managing any hospital department efficiently and safely. Monica Goetz, clinical nursing manager at Great Baltimore Medical Center, shares five key ways that electronic supply management can improve patient safety, create efficiencies and save money.
The Cleveland Clinic and VHA have formed a joint venture that the companies say will transform the traditional group purchasing approach.
It's been a long time coming, but late Friday, the Centers for Medicare & Medicaid Services released the final rule for the Physician Payments Sunshine Act.
Hospitals and healthcare organizations should brace for a 3 to 4 percent food price increase projected by both the USDA and the American Farm Bureau Federation.
Materials management is no longer simply a product purchasing function - it has gone beyond procurement and into analyzing how products are being used and just as importantly, where the products are at any given time.
Medical device manufacturers are shifting the cost of the 2.3 percent device tax, which went into effect on Jan. 1 as part of the Affordable Care Act, to hospitals and other healthcare providers, the Healthcare Supply Chain Association alleged on Friday.
The global healthcare contract research outsourcing market is increasing at a compounded annual growth rate of 14.7 percent and is expected to be valued at $65.03 billion by 2018, according to a new report from market research firm Transparency Market Research.
A 2.3 percent medical device tax went into effect on Jan. 1 as part of the Affordable Care Act, despite claims from medical device companies that the tax will significantly hurt their businesses.