Rene Letourneau
The growing drug shortage crisis is the number one supply chain concern for providers nationwide says Novation, a group purchasing organization. Yet, even in these dire circumstances, there may be a glimmer of hope.
The U.S. Department of Justice announced last week that medical device company Dfine has agreed to pay the United States $2.39 million to resolve allegations that it paid kickbacks to induce physicians to use its devices for treating spinal fractures.
With U.S. drug shortages reaching record numbers, President Obama issued an executive order on Monday, directing the FDA to take steps to reduce current shortages and prevent future disruptions.
Regenerative medicine company Stratatech Corp. has been awarded $4.6 million by the National Institute of Diabetes and Digestive and Kidney Diseases. The grant will fund the first human clinical trial of Stratatech's ExpressGraft antimicrobial skin substitute, a potential treatment for chronic diabetic foot ulcers.
Washington governor Chris Gregoire last week proposed cutting at least $664 million from healthcare programs in order to help balance the state's budget.
Faced with staggering economic woes, Medicaid officials in most states are enacting cost cutting measures for Medicaid spending as the average state contribution to the entitlement program is projected to increase 28.7 percent in FY 2011 to make up for the loss of federal funds, according to a new survey by the Kaiser Family Foundation's Commission on Medicaid and the Uninsured.
New Jersey hospitals’ total economic activity reached more than $18.6 billion in 2010, an increase of about $40 million compared with 2009, according to the New Jersey Hospital Association.
Medical technology manufacturer C. R. Bard Inc. announced Wednesday that it reached a definitive agreement to acquire Medivance Inc. for approximately $250 million.
Analytix On Demand (AOD), a provider of software-as-a-service business intelligence solutions for healthcare, announced Tuesday that it has acquired Integrated Revenue Management, Inc. (IRM), a national healthcare consulting and education company with a focus on revenue cycle management. The newly created company headquartered in Irvine, Calif., will be called CentraMed.
Based on conversations with hospital CEOs, healthcare consulting firm Huron Healthcare ranks the top 5 issues keeping healthcare leaders up at night.