Premier reported a jump in profits attributed to growth in its group purchasing business and even stronger growth in sales of its performance improvement software and services.
Twenty major U.S. corporations, including Coca-Cola Co. and hospital operator HCA, announced Friday that they would share data and expertise in an effort to curb their healthcare costs.
Like other GPOs, HealthTrust's contracting team has always convened a number of boards composed of practicing physicians or nurses to review products. But they were lacking specialists who could offer in-depth, practical expertise on new products, said Dr. Michael Schlosser, the company's CMO.
Stryker Corp., the Kalamazoo, Mich.-based medical equipment and technology company, is making a push into preventive products for hospital-acquired infections with a $2.8 billion deal to acquire Sage Products.
Abbott Laboratories will buy Alere for $4.8 billion as it tries to expand its medical-testing business. Alere makes tests used to diagnosis the flu, HIV, malaria and several other diseases that are used in doctor's offices, clinics and at home.
Cardinal Health's profits increased in the second quarter thanks to market growth in its pharmaceutical segment and contributions from recent acquisitions.
Watch how robot-assisted technology allows a Medline Industries distribution center to break down bulk cases of medical products into smaller shipments for providers across the care continuum.
Hospital systems that have acquired physician practices and outpatient treatment centers are wrestling with how to integrate them into their existing supply-chain distribution system. The goal is to extend the low prices achieved through bulk purchasing to these geographically dispersed facilities.
Stryker, the Kalamazoo, Mich.-based manufacturer of medical devices and equipment, is building a state-of-the-art 3D printing facility in 2016.
What if we knew a proven way to reduce healthcare costs and increase productivity in a large percentage of the American population? Shouldn't every healthcare provider, employer and insurance company jump on the bandwagon to ensure as many people as possible take advantage?
McKesson Corp. reported a profit jump in its third quarter, thanks to lower foreign taxes and growth in its North American pharmaceutical distribution and services.
Johnson & Johnson posted a 28% jump in fourth-quarter profit with the sale of its heart devices unit offsetting a weak performance from what was once its top moneymaker, as well as the strong dollar and a host of other charges at the world's biggest healthcare product company.