Supply Chain
Real-time location system firm AeroScout announced Wednesday that it has acquired Sentient Health, which provides software and services for optimizing inventory management of consumable medical supplies.
Healthcare Finance News Managing Editor René Letourneau spoke recently with Jim Webb, senior vice president of operations at Provista, an Irving, Texas-based group purchasing organization, about how to get the most out of your GPO.
The proportion of Americans who reported going without or delaying needed healthcare declined modestly between 2007 and 2010, according to a national report released in late August by the Center for Studying Health System Change.
Ignoring months of protests, the Centers for Medicare & Medicaid Services (CMS) announced in late August the next steps for a major expansion of a competitive bidding program designed to help lower costs for quality durable medical equipment, prosthetics, orthotics and supplies.
When thieves cut a hole through the roof of Eli Lilly’s Enfield, Conn. warehouse on a Sunday in March 2010, they were able to rappel inside and fill tractor trailers full of anti-depressants and cancer-fighting drugs. The heist netted the thieves $75 million worth of goods and brought to the attention of the nation a problem that had been increasingly plaguing the pharmaceutical industry: the theft of pharmaceutical products by organized criminals.
Group purchasing organizations have traditionally been seen as a way for hospitals and healthcare providers to save money on supplies. However, in the current economic environment, as providers are squeezed from all sides, many are looking to their GPO for more than just purchasing.
The drug shortage problem at numerous hospitals across the country is the worst that many in healthcare have experienced in recent years.
Boston Scientific has once again paid out big dollars on behalf of its wholly owned subsidiary, Guidant LLC. This time, the total bill is $9.25 million to the United States government.
An important report released recently explains that group purchasing is not only a smart business move, it is a powerful tool when it comes to driving down healthcare costs for hospitals.
Mobile apps might be getting all the headlines for their clinical uses, but they have benefits at the back end of the operational chain as well, as Novation is proving.