Supply Chain
The cardiac medical device market is projected to reach a compound annual growth rate of an estimated 9 percent by 2015 in the U.S., according to a recent report from research and consultancy firm RNCOS.
As widespread drought annihilates crops and sends prices increasingly higher, supply chain managers at healthcare facilities are no doubt eyeing their budgets.
Global competition and the impending medical device tax, set to begin Jan. 1, 2013, are creating challenges for the U.S. biomedical device industry, according to a new study by tax advisory firm WTP Advisors.
A man accused of rigging hospital contract bids, defrauding the Internal Revenue Service and filing false tax returns pled guilty last week in the U.S. District Court in Manhattan.
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.