Supply Chain
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.
The world market for preventative vaccines totaled $25.3 billion in 2010, up from $22.1 billion in 2009, according to a report published by Kalorama Information.
The U.S. Food and Drug Administration is seeking to offer clarity to manufacturers and reviewers of medical devices. The agency released proposed guidance on how benefit-risk determinations are made during premarket review and how researchers and manufacturers can design better quality clinical studies.
Healthcare reform means moving from a provider-centric to a patient-centric model of care, said Jamie Orlikoff, president of the Chicago-based consulting firm Orlikoff & Associates, to an audience at the Association for Healthcare Resource & Materials Management (AHRMM) conference in Boston on Tuesday.
At the Healthcare Financial Management Association's recent ANI conference in Orlando, Fla., representatives from Global Healthcare Exchange offered some ideas on how hospitals can reduce their supply spend immediately.