The healthcare supply chain management market is expected to see its largest growth in the North American market between 2020 to 2025, according to a Research and Markets report released Monday morning.Overall, the healthcare supply chain management market is projected to increase at a compound annual growth rate (CAGR) of 7.9% during the forecast period. The …
The COVID-19 pandemic will have a long-term impact on healthcare. Here are 4 changes to expect
Even after the immediate emergency of the current COVID-19 pandemic passes, the healthcare industry won’t return to business as usual, experts say.Healthcare is in a state of flux and there will be financial tough times in the near term for many health systems, according to Justin Gernot, vice president at healthcare advisory firm Healthbox. Here are 4 changes …
The U.S. Drug Supply Chain in Crisis: Solutions to Shortages
One of the biggest challenges facing the U.S. healthcare system is drug shortages, with the potential for year over year growth to exceed 27%. The U.S. Food and Drug Administration’s Drug Shortages Task Force released a report that identified several factors that often converge to create a shortage situation, including:-The lack of incentives for manufacturers to …
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Healthcare earnings reports from the first quarter of 2020
Earnings reports from providers, insurers and health technology companies for the three months ended March 31. View Earnings Here
Healthcare earnings reports from the first quarter of 2020Read More
Senators probe Medline about ‘Project Air Bridge’
Two U.S. senators are probing Medline Industries as well as others firms involved in a Trump administration venture branded “Project Air Bridge,” which flies in to the U.S. vital COVID-19 medical supplies that are in short supply. Sens. Elizabeth Warren and Richard Blumenthal say the program operates “with little to no transparency.” Blumenthal tweeted that …
Mayo Clinic’s operating income drops 88% in Q1
Mayo Clinic was in a strong financial position before the COVID-19 pandemic hit. It had a record performance year in 2019, with revenue of $13.8 billion and operating income of more than $1 billion. The health system began 2020 with significant liquidity reserves, but its finances began to suffer in March after it deferred all elective care …
Counterfeit masks reaching frontline health workers in US
An Associated Press investigation has found millions of counterfeit medical masks, gloves, gowns and other supplies being used in hospitals across the country, putting lives at risk. This story is part of an ongoing investigation by The Associated Press, the PBS series FRONTLINE and the Global Reporting Centre that examines the deadly consequences of the …
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ANAE Lecture – Fred Pane
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ANAE Lecture – Carl Meyer
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Premier survey finds blood supply needs to increase as much as 50% as elective procedures return
A national survey of blood centers indicates blood supply needs will increase by as much as 50 percent to accommodate the resumption of elective procedures and other suspended inpatient and outpatient service lines.“Despite blood collections decreasing by about 75% this spring, hospitals have had access to ample supply and have avoided a shortage of blood …
10 takeaways: What health systems must do to protect their PPE supply
US case count tops 1M US may have plateaued—but it’s not a decline Rural spread raises new concerns Legislation will likely ease short-term cash flow challenges—but long-term impact still unclear Regulators will likely face pressure to ease repayments of Accelerated and Advanced payments States—and hospitals—look to reopen for regular business Antibody testing sparks interest—but there …
10 takeaways: What health systems must do to protect their PPE supplyRead More
Cuomo: New York Will Join Northeastern States To Form Supply Chain To Combat COVID
Gov. Andrew Cuomo said that New York will join with states from Massachusetts to Delaware to create a regional supply chain for masks, gowns, ventilators, testing supplies and other equipment vital to fighting the disease. The states are joining together after months of dealing separately with what Cuomo said was a “totally inefficient and ineffective” …
Cuomo: New York Will Join Northeastern States To Form Supply Chain To Combat COVIDRead More
ANAE Supply Chain Leader Webinar with The University of Vermont Health Network
Last week ANAE hosted a members only Supply Chain Leader Webinar with Charlie Miceli, Network Vice President & Chief Supply Chain Officer Health Network Ventures at The University of Vermont Health Network.Find out more about UVM Health Network, how they are dealing with COVID19 and how suppliers can better collaborate with this network, and much …
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Senate Dems propose federalizing medical supply chain
Senate Democrats introduced a bill that would put control of the nation’s medical supply chain in the hands of the federal government, using its expertise in military production and distribution to address the COVID-19 pandemic. The Medical Supply Delivery and Transparency Act would require the secretary of defense to appoint a civilian with experience in …
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Shoring Up the Healthcare Supply Chain: 4 Lessons From The COVID-19 Pandemic
Karen Conway, Vice President, Healthcare Value with Global Healthcare Exchange (GHX), wrote an article on 4 lessons that we can take away from the Covid-19 Pandemic. “Supply chain professionals are collaborating and innovating with clinicians and communities in ways that are not only addressing the immediate crisis but also will likely reshape the future of …
Shoring Up the Healthcare Supply Chain: 4 Lessons From The COVID-19 PandemicRead More