Supply Chain
The Food and Drug Administration (FDA) released a proposed rule that most medical devices distributed in the United States carry a unique device identifier (UDI).
Large pharmaceutical company GlaxoSmithKline (GSK) has agreed to pay $3 billion in order to resolve charges of engaging in illegal schemes related to unlawful marketing and pricing of some of the drugs it manufactures in what has become the largest healthcare fraud scheme in the country's history.
As part of the ACA, the Supreme Court upheld a new tax provision intended to help fund healthcare reform -- a 2.3 percent excise tax on medical device sales beginning Jan. 1, 2013.
Over the last seven months, St. Joseph Health System (SJHS), a large healthcare organization located in California and western Texas, has been using a multi-disciplinary approach to engage its physicians and clinicians in understanding the impact of clinical practice patterns and resource variability.
This past March, Texas Children's Hospital in Houston opened its Texas Children's Hospital Pavilion for Women after recently expanding a new West Campus in an effort to meet growing needs and a shift in population base. And with this growth came an excellent opportunity to streamline the system's supply chain.
Harvey Riceberg, inpatient pharmacy supervisor at the University Medical Center of Southern Nevada tells Healthcare Finance News Editor Rene Letourneau how the organization saved $750,000 in drug waste costs by implementing a new technology into their drug administering process.
Although summer movies highlight the deeds of solo superheroes, attacking hospital supply costs is strictly a team effort. At the Premier Breakthroughs conference in Nashville on June 6, representatives from Methodist Health System in Dallas, Texas, chronicled their 18-month collaboration with Premier Consulting Solutions -- a partnership that helped significantly reduce supply costs and keep them there.
By 2020, sales of new vaccines that do not currently exist on the market may hit $24.8 billion, predicted market research firm Kalorama Information in a recent report.
ProdigoXchange aims to drive efficiency for healthcare purchasers by providing automated email reminders that help track supplier acknowledgments of dispatched purchase orders.
The U.S. House of Representatives approved a bill Wednesday to increase user fees paid by pharmaceutical and medical device manufacturers looking to bring new products to the market. The bill passed easily by a vote of 387-5.