Supply Chain

Cincinnati, Ohio-based Mercy Health has saved more than $42 million on drugs since 2010 by building a formulary within its electronic health record platform.

The Healthcare Supply Chain Association has appointed veteran supply chain exec Curt Miller executive director of its Committee for Healthcare eStandards, the association announced Thursday.

As hospitals continue to look for ways to cut costs, a team at Stanford Medicine is looking at how facilities can shave dollars off medical device purchases.

The growth of specialty drugs, and the pressures pharma mergers place on supply chain operations are just a few trends experts at McKesson Pharmacy Optimization expect to shape hospital pharmacy operations in 2016, according to a new report.

Computer Programs and Systems, which provides healthcare information solutions to rural and community hospitals, will buy technology vendor firm Healthland Holding and its affiliates for $250 million, the company announced.

Turing Pharmaceuticals will slash the price hospitals pay for Daraprim by 50 percent following backlash over owner Martin Shkreli's decision to hike the price of the AIDS drug by 5,000 percent, the company said Tuesday.

Vizient Inc., which becomes official on Jan. 1, 2016, will provide services to close to 30 percent of U.S. hospitals, including nearly all academic medical centers and health systems

Nearly every C-suite respondent to Premier's 2015 Economic Outlook said pharmaceutical price increases are their top area of concern.

Millennium Health of San Diego has agreed to pay $256 million to the federal government to resolve claims that it billed Medicare, Medicaid and other federal healthcare programs for medically unnecessary urine drug and genetic testing, according to the U.S. Department of Justice.

Proposed Environmental Protection Agency rules for the disposal of hazardous waste pharmaceuticals will prevent hospitals and other healthcare facilities from flushing drugs down the toilet or drain.