The 10-hospital Kentucky Health Collaborative used its first year of operations to build trust among CEOs and tackle a few group purchasing projects. Now, it will take on population health.
The Charlotte, N.C.-based group purchasing organization and performance improvement company reported higher profits, driven by rising supply chain revenue from its group purchasing business, including its recent Innovatix and Essensa acquisitions.
The co-founder of a Massachusetts compounding pharmacy was acquitted Wednesday of causing the deaths of 25 people but convicted of other racketeering charges in a nationwide meningitis outbreak in 2012.
A new study raises questions about how the drug industry funnels payments to physicians and the impact of those payments on outcomes and costs.
Henry Schein's medical segment continues to grow as the distributor of healthcare supplies gains market share in large group practices, including those within health systems.
It may seem counterintuitive to hire newcomers in a field that's more complicated than ever, but experts are urging healthcare organizations to consider recruiting supply chain leaders who can apply expertise from other industries.
The healthcare supply distributor has hired Bridget Ross, a longtime Johnson & Johnson executive, to lead its growing medical segment.
Profits were relatively stable at Cardinal Health in the second quarter, but executives at the distribution giant said they are beginning to see a return to normal generic drug-pricing trends as a result of increased competition.
Profits were up at Premier, thanks to rising supply chain revenues and a recent acquisition.
When it comes to the future under President Donald Trump, leaders at group purchasing organizations agree on one thing: It's largely unclear what the new presidential administration will mean for GPOs and the vendors they contract with.
The Trump administration suggested a 20% tax on imports from Mexico could pay for a wall along the southern border aimed at stopping illegal immigration.
The now-completed merger of medical device giants Abbott Laboratories and St. Jude Medical will help hospitals streamline their procurement efforts, but vendor consolidation could also lead to higher supply costs.