Device prices fall as hospitals' leverage grows

By Michael Sandler  |  February 28, 2015

The median prices for selected costly hospital products dipped in 2014 as hospital supply-chain leaders continued to negotiate tougher deals and clamp down on physician-preference items.

Kaiser to use renewable energy for 50% of power needs

By Adam Rubenfire  |  February 23, 2015

Kaiser Permanente, in what it's calling the largest renewable energy buy to date for a healthcare organization, plans to purchase enough wind and solar power to supply half of the electricity it uses at its more than 500 buildings in California.

CEO Bardis leaves MedAssets

CEO Bardis leaves MedAssets

By Bob Herman  |  February 17, 2015

John Bardis, chairman and CEO of MedAssets, has resigned from the company, effectively immediately, for “personal reasons” related to family health issues, MedAssets said Tuesday.

Premier's revenue, net income make double-digit jumps

By Melanie Evans  |  February 09, 2015

Acquisitions contributed to a strong quarter for Premier, a publicly traded healthcare supply chain and performance services company. Now with more than $1 billion to invest in growth, the company is looking for more deals.

Whistle-blower lawsuit filed against Cardinal Health unit

By Lisa Schencker  |  February 04, 2015

A division of Ohio-based Cardinal Health has been named in a whistle-blower lawsuit for alleged violations of federal healthcare fraud and abuse laws, according to a company Securities and Exchange Commission filing.

Purchasing networks VHA and UHC plan merger

By Jaimy Lee  |  February 03, 2015

VHA and UHC, which already jointly own a group purchasing organization, are merging to gain capital as tight hospital budgets and demands for new data and analytics tools upend the traditional healthcare purchasing model.

Major acquisition, new products boost Thermo Fisher earnings

By Adam Rubenfire  |  January 29, 2015

Thermo Fisher Scientific's earnings, following a major acquisition, soared 75.7% to $601.2 million in the three months ended Dec. 31. The company saw a nearly 50% jump in earnings for 2014, ending the year with $1.9 billion in net income.

New models send spinal cord stimulator prices up 8%

By Jaimy Lee  |  January 23, 2015

Hospitals are facing higher prices for spinal cord stimulators, used to treat patients with chronic pain, since two manufacturers launched more complex versions of the devices in 2013, according to the Modern Healthcare/ECRI Institute Technology Price Index.

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