Gerald DeSilva, corporate vice president of supply chain management at NYU Langone Medical Center, talks to Modern Healthcare Reporter Jaimy Lee about how the New York hospital has reduced the costs of its medical supplies, including pricey devices such as hip and knee implants.

Read about how some hospitals are using color-coded stickers to educate physicians about the cost of pricey implants.

And the ECRI Institute released its Top 10 C-Suite Watch List.

Meanwhile, executives say that the supply chain is continuing to evolve, according to results from Modern Healthcare's 2012 Survey of Executive Opinions on Supply Chain Issues.