Fifteen drugs have been listed as in shortage since the beginning of August, according to data from the FDA and the American Society of Health-System Pharmacists. 

From staffing shortages to supply chain costs, several economic factors are placing burdens on health practice profitability heading into 2024. 

About half of U.S. hospitals ended 2022 with negative margins — and 2023 has brought its own financial challenges. 

The HHS Office of Inspector General has issued an advisory opinion rejecting a proposed joint venture between a group of surgeons and an entity that supplies those same surgeons with intraoperative neuromonitoring services, claiming the partnership would violate federal anti-kickback laws. 

Steris, a medical device company, has completed its acquisition of medical technology company Becton, Dickinson and Co.'s surgical instrumentation platform in a $540 million deal.

Health systems are taking a hard look at how their vendors and supply chain partners secure their systems against cyberattacks following a string of attacks in healthcare costing systems $10.9 million so far in 2023, according to a July 27 report from The Wall Street Journal.

A man from the Philadelphia area pleaded guilty to distributing medical devices without FDA clearance. 

In 2021, Dallas-based Tenet Healthcare, parent organization of United Surgical Partners International, renewed its longtime supply partnership with national group purchasing organization HealthTrust Performance Group (HealthTrust). 

More than a quarter (26 percent) of C-suite and executive-level supply chain roles are now held by women, up from just 19 percent a year ago, according to a July 5 report from the Chartered Institute of Procurement and Supply, based on a 2023 Gartner study.

Private investment group Vontobel Holdings has increased its position in health services company Cardinal Health by 98.1 percent since the start of the year, now owning 96,042 shares in the company, according to a June 25 report from Best Stocks based on data from the Securities and Exchange Commission. 

Medical technology company Becton, Dickinson and Co. plans to sell its surgical instrumentation platform to Steris, a medical device company, for $540 million.

A Florida business owner was sentenced to 65 months in prison for a Medicare fraud scheme involving back, knee, and wrist braces, the U.S. Attorney's Office for the southern district of New York said May 26.

As healthcare organizations confront persistent financial challenges, ambulatory surgery center (ASC) leaders are looking at all areas of their operations to find cost savings that won't negatively affect the quality of patient care. Streamlining shipping and logistics management is a strong contender for savings, but misconceptions exist that often prevent leaders from fully realizing this opportunity.

Challenges in the healthcare supply chain have been exacerbated over the last three years by the COVID-19 pandemic, which has increased costs and decreased product availability worldwide. 

Jeremy Riley, CEO of Titusville, Fla.-based GML Healthcare Consulting, joined Becker's to discuss the disruptions of the ASC industry. 

Supply chain issues, exacerbated by the COVID-19 pandemic, are still hurting ASCs' bottom line. 

Medline has been tapped as the exclusive provider of medical and surgical supplies for Boston-based Mass General Brigham's healthcare network, including for its ASCs. 

Here are the supply chain updates ASC leaders need to know this week.

Warehouse and distribution center storage prices are up 11 percent year over year, putting more pressure on the U.S. supply chain and consumer costs, according to a Feb. 13 report from CNBC.

The new Veterans Affairs Corpus Christi (Texas) Outpatient Clinic is now aiming for a summer 2023 opening following vendor delays due to a backed up supply chain, according to a Feb. 4 report from local news station KIII-TV.