Medical Devices

Consumer-focused patients are changing everything about how they receive care, and to ignore that is to risk deep losses, panel says.

Annual JPMorgan Healthcare Conference leaves investors and providers more bullish about the state of the business than last year.

If hospitals are required to record unique device identifiers (UDIs) in electronic health records, there will be a need for supply chain involvement. But what that involvement should look like--and when--is still unknown.

Approximately 5 million Americans are diagnosed with heart valve disease each year. Given the not-inconsequential costs of treating this condition, hospitals can benefit from exploring creative ways to purchase artificial replacement valves at a reduced price.

Here's a look at some recent headlines in the world of healthcare finance.

Consumerism in healthcare is changing the industry, as patients are paying far closer attention to the costs of medical care than in the past. This change will likely shape the top 10 issues faced by providers in 2015, claims a new report by the PwC Health Research Institute.

Supply chain departments are integral in reducing costs across our nation's healthcare system. But in the midst of the worries and fires they put out when trying to reduce costs and improve outcomes, supply chain teams may be overlooked in getting their due credit.

In today's anesthesia machine market, high-acuity systems have become the fastest growing segment. Purchasing trends indicate that anesthesiologists prefer these systems and that hospitals find top-tier systems are worth the additional cost.

Shares of medical device maker Medtronic Inc. surged Tuesday after the Minneapolis-based company said it would go ahead with its planned $49.2 billion merger with Covidien.

As cost control initiatives take on increasing weight at hospitals and health systems, organizations must focus more intently on stemming the costs of medical device procurement.