Pharmacy Practice News Drug shortages continue to be a major issue for hospitals and healthcare system pharmacies, and mitigating these shortages is one of the most pressing challenges facing managers and decision makers. According to a recent article from Pharmacy Practice News, a variety of resources have been helpful in predicting drug availability – namely FDA’s drug shortage database, AHSP …
Reducing Healthcare Supply Chain Spending Waste
SupplyChainBrain Supply chains account for a significant portion of healthcare costs – an estimated 25% of pharmaceutical costs and 40% of medical device budgets – yet a quarter of these costs are considered waste in the form of unanticipated expenses, poor management, and “rogue spend” that results in inefficiencies and overspending in the millions of dollars. A recent article from …
New ADA Rules Aim to Improve Medical Equipment Accessibility
Disability Scoop A proposed rule from the U.S. Department of Justice under Title II of the Americans with Disabilities Act (ADA) aims to establish technical standards for accessible medical equipment in hospitals and clinics operated by state and local governments. Lack of accessible equipment like examination tables, weight scales, and diagnostic equipment has led to numerous complaints from patients with …
2023 Trends in Healthcare Procurement
GEP Procurement in the healthcare space is a complex system of suppliers, regulatory concerns, cost management, and strategizing to ensure quality care. As industries and patient needs evolve, healthcare procurement specialists must remain agile to keep up with trends and navigate emerging challenges. In a recent article from GEP, technology and sustainability are identified as key trends for 2023 and …