About 8 percent of global stock perishes or is thrown away every year, translating to about $163 billion worth of wasted inventory, Bloomberg reported Nov. 10, citing a new report from materials supplier Avery Dennison. 

After working with a different supplier for more than three decades, Lincoln, Neb.-based Bryan Health chose Medline as its main vendor in a deal worth $140 million. 

With geopolitical concerns hitting the supply chain, nearly two-thirds of U.S.-based manufacturers plan to freeze wages and recruitment efforts, according to data CNBC cited in a Nov. 4 report.

Have you ever heard the idea that “cheap is expensive?"

Cardinal Health noted a 13 percent increase in revenue, from $44 billion to $49.6 billion, in its first quarter of 2023. 

In a Class I recall, the most serious type, devicemaker Teleflex recalled 60,500 bacterial filters in response to four injuries and 36 complaints of the filter separating from breathing systems. 

Here are 10 health systems and hospitals that posted job listings seeking supply chain expertise in the last week. 

Some cities in Texas are asking the federal government to help with supplying more ambulances after intense flooding caused a supply issue, NBC-affiliate KXAN reported Nov. 2. 

Johnson & Johnson will acquire Abiomed, a medtech company based in Danvers, Mass., for $16.6 billion by the end of the first quarter of 2023. 

There is a national shortage of tracheostomy tubes, including ICU Medical's Bivona tubes, and the dearth is more likely to affect pediatric patients because there are few alternative products, the FDA said Oct. 31. 

Here are 10 health systems and hospitals that posted job listings seeking supply chain expertise in the last week. 

Whether it's "end-of-the-year chaos" with manufacturers halting production for a few weeks or geopolitical concerns, supply chain disruptions are bound to happen — but that doesn't mean hoarding is the solution, Harvard Business Review reported Oct. 27.

From fall 2020 to the present, the costs for some of the most critical elements (e.g., resins, cotton and metals) in the medical supplies and devices that hospitals and health systems use daily all soared in excess of 30 percent, in parallel with rising foundational costs like shipping freight and energy. Healthcare organizations’ drug expenses spiked, too, until by the end of last year they were 28 percent higher than pre-pandemic levels.

Here are seven drug and medical device recalls the FDA reported in October: 

Supply chain issues have become part of the new normal in healthcare—in 2021, 99% of hospitals and health systems reported challenges in supply procurement.

As hospital supply chains endure inflationary pressures, the surge of multiple viruses and typical "end-of-the-year chaos," medical supply experts told Becker's their top concerns heading into 2022's winter.

Philips, an Amsterdam-based medical device company, will cut 4,000 jobs as it weathers a recall of 18 million sleep apnea masks, The Wall Street Journal reported Oct. 24. 

The baby powder shortage lasted months after Abbott Laboratories shuttered its main manufacturing site for the product, and the company is now planning a new $500 million facility, CBS News reported Oct. 21. 

A shortage of liquid helium, a nonrenewable element that has been dwindling in supply, is worrying physicians because MRI machines require the ultra-cold material for its magnets, NBC News reported Oct. 22. 

Here are 10 health systems and hospitals that posted job listings seeking supply chain expertise in the last week.