Preliminary data indicates the demonstration resulted in approximately 80% favorable outcomes for suppliers who participated in a discussion, twice the level experienced by suppliers who appealed in the traditional way.
Walgreens Boots Alliance earnings topped $1 billion during the fourth quarter, easily surpassing analyst expectations, but also announced a delay in closing its latest megadeal.
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...
Pharmacists are concerned that several forms of penicillin are in shortage, including one used as the primary treatment for syphilis.
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.
The CMS has extended a moratorium on new Medicare home-healthcare agencies and ambulance suppliers in some states. It's part of an ongoing effort to curb fraud.
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.
A federal mandate to use unique device identifiers offers an opportunity to reduce the risk of patients being harmed by products, but the UDI system, which is being implemented over the next four years by the Food and Drug Administration, means a lot of changes— especially for the...
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.
Members of a Northeast alliance of health systems are forming their own group purchasing organization to better manage procurement and sourcing of supplies.
A year ago, Pamplona Capital Management acquired MedAssets for $2.7 billion, immediately selling off its GPO and performance-improvement businesses and merging its revenue-cycle management business with Precyse, its own brand. A new identity for the combined company was announced Sunday.
Zimmer Biomet Holdings, a major manufacturer of musculoskeletal devices, will buy spinal device company LDR Holding Corp. for $1 billion.