Supply Chain
Several teaching hospitals raked millions in payments from device and drug manufacturers in 2014, according to new data from the Centers for Medicare and Medicaid Services released Tuesday that showed drug and medical device makers made close to $6.5 billion in payments to healthcare providers in 2014.
Knowing the factors that go into deciding whether to enter into a fair market value (FMV) lease or $1 buyout lease will enable you to make the right financing choice for the equipment you need to operate your business.
Nearly three in four Americans say the costs of prescription drugs are "unreasonable," with most putting the blame on drugmakers, a survey by the Kaiser Family Foundation found.
Globally, the growth of the fluoroscopy market with medical imaging is projected to reach upward of $2 billion by 2018. Within this market, there is a growing push to move fully into the digital age with flat panel detector based systems.
The Utah health systems said it will take full ownership of Amerinet, which serves 83,000 members.
The cardiac defibrillator market continues to be competitive, even though replacing older systems is the primary reason healthcare organizations are purchasing new defibrillators.
With so many organizations making up your accountable care organization, the need for a collaborative approach to supply chain purchasing is leading organizations to lean on analytics tools and new chains of communication to keep costs in check.
As hospitals and other healthcare facilities face tighter profit margins tied to care costs and cuts in reimbursement rates, more organizations are turning to just-in-time inventory management to keep supplies lean and costs low. But the approach comes with risks.
Several forward-thinking healthcare providers are making significant financial and efficiency improvements by using their appointment reminder technology systems to address other problems such as increasing utilization of preventive care services, scheduling follow up care, delivering test results, and improving collections on past due accounts.
One issue driving the change: 30.7 percent of insured consumers said that the cost was lower than another source of care.