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Amazon threat overshadows Walgreens' solid quarter earnings

Amazon threat overshadows Walgreens' solid quarter earnings

By Brigid Sweeney  |  June 28, 2018

Walgreens Boots Alliance on Thursday reported that third-quarter earnings jumped more than 15%. But its stock price fell more than 9% after Amazon announced it's buying PillPack, an online pharmacy that delivers prescriptions.

Hill-Rom Holdings CEO to retire

Hill-Rom Holdings CEO to retire

By Evonne Liu  |  January 26, 2018

Hospital bed supplier Hill-Rom Holdings said today that CEO John J. Greisch will retire. The Chicago-based company has begun a search for a new CEO and expects to complete it in the April-to-June quarter.

Blog: Cuban pharmaceutical imports to U.S. could lead to lower drug prices

By Adam Rubenfire  |  October 17, 2016

Industry experts say the Obama administration's decision to lift a ban on importing Cuban pharmaceuticals and collaborating with the nation's researchers could bring the nation's cheaper, reputable medicines to the U.S. The move could give American researchers the chance to study Cuba's care...

Hospital ORs may waste millions a year in disposable medical supplies

Hospital ORs may waste millions a year in disposable medical supplies

By Maria Castellucci  |  September 07, 2016

Operating rooms produce on average more than 2,000 tons of waste per day, and a significant portion of that waste is from disposable medical supplies. A recent study found that on average $968 worth of disposable medical supplies in the operating room are wasted per procedure.

Regional and niche GPOs gain popularity

By Adam Rubenfire  |  July 29, 2016

The expansion of a group purchasing organization serving the public health sector and the recent launch of similar organizations reflect new demands from providers who are faced with an increasingly consolidated GPO market, experts say.

UPMC launches supply-chain venture with IBM's Watson

UPMC launches supply-chain venture with IBM's Watson

By Adam Rubenfire  |  July 07, 2016

UPMC will own the majority of the for-profit company named Pensiamo, which will manage a hospital's entire supply-chain operation, including sourcing, contracting, purchasing and payment for drugs and supplies.

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