Supply Chain

Healthcare supply chain management firm GHX is honoring 50 healthcare provider organizations with its 2011 GHX Best 50 Customer awards in recognition of their work in improving operational performance and reducing costs through supply chain automation.

The current healthcare landscape is calling for more collaboration, and possibly the most important partnership is that of the CIO and CFO. With new IT becoming a pressing necessity, it's crucial both professionals understand the ins and outs of IT spending. Jeff Muscarella outlines five things CFOs need to communicate to CIOs to prevent overspending.

The trend of MRI and ultrasound being used together for more effective diagnosis is cited as a major reason for growth in sales of both modalities, according to a recent report from healthcare market research publisher Kalorama Information.

The search for the best cancer therapy for individual patients pushed the personalized medicine market above $28 billion last year.

Currently, independent physicians often choose high-cost, implantable medical devices for their patients. Hospitals, however, pay the bill, insulating physicians from the costs of their choices.

Since joining the Premier healthcare alliance last year, Edward Hospital & Health Services has saved $3.5 million while improving clinical quality and patient safety.

Healthcare provider systems are enduring more financial challenges than ever with lower Medicare reimbursement on the horizon, accountable care organization and pay-for-performance initiatives. In essence, provider revenues are shrinking while costs are growing, so it makes sense that they are relying on group purchasing organizations more than ever.

What exactly does it cost to do business? The question dogs healthcare finance professionals. The answer – or at least the medical device supply-chain piece of it – is within reach, according to a new case study on the use of the Perfect Order metric and GS1 bar code standards.

Medical device manufacturers are feeling the effects of a sluggish economy and a revamped reimbursement model, which are leading to slow growth and record levels of mergers and acquisitions activity.

ECRI Institute, an independent nonprofit that researches the best approaches to improving patient care, announced the winners of its first-annual Healthcare Supply Chain Achievement Award.