Supply Chain
About half of U.S. hospitals ended 2022 with negative margins — and 2023 has brought its own financial challenges.
The HHS Office of Inspector General has issued an advisory opinion rejecting a proposed joint venture between a group of surgeons and an entity that supplies those same surgeons with intraoperative neuromonitoring services, claiming the partnership would violate federal anti-kickback…
Steris, a medical device company, has completed its acquisition of medical technology company Becton, Dickinson and Co.'s surgical instrumentation platform in a $540 million deal.
Health systems are taking a hard look at how their vendors and supply chain partners secure their systems against cyberattacks following a string of attacks in healthcare costing systems $10.9 million so far in 2023, according to a July 27…
A man from the Philadelphia area pleaded guilty to distributing medical devices without FDA clearance.
In 2021, Dallas-based Tenet Healthcare, parent organization of United Surgical Partners International, renewed its longtime supply partnership with national group purchasing organization HealthTrust Performance Group (HealthTrust).
More than a quarter (26 percent) of C-suite and executive-level supply chain roles are now held by women, up from just 19 percent a year ago, according to a July 5 report from the Chartered Institute of Procurement and Supply,…
Private investment group Vontobel Holdings has increased its position in health services company Cardinal Health by 98.1 percent since the start of the year, now owning 96,042 shares in the company, according to a June 25 report from Best Stocks…
Medical technology company Becton, Dickinson and Co. plans to sell its surgical instrumentation platform to Steris, a medical device company, for $540 million.
A Florida business owner was sentenced to 65 months in prison for a Medicare fraud scheme involving back, knee, and wrist braces, the U.S. Attorney's Office for the southern district of New York said May 26.