Material science company 3M said it plans to spin off its healthcare ventures into two publicly traded companies, New 3M and Health Care, by the end of 2023. 

There aren't enough monkeypox vaccines to go around.

The healthcare sector is reexamining how to build greater flexibility into supply chains while preserving efficiency and preparing for future shocks to the system.

Medline Industries expects to lay off 97 workers as it closes a facility in Rowan County, N.C., according to a July 22 report from The News & Observer. 

Healthcare investment firm Patient Square Capital plans to acquire Hanger, an Austin, Texas-based orthotic and prosthetic devicemaker, for $1.25 billion. 

Citing eight product malfunctions, Smiths Medical has recalled more than 118,000 syringe infusion pumps after reports of one death and seven serious injuries. 

Danville, Pa.-based Geisinger health system is partnering with Excelerate to reduce its supply chain costs up to 20 percent, according to a July 20 press release. 

In the most serious type of recall, American Contract Systems has recalled 99,900 distributed COVID-19 test kits after the FDA deemed the facility "uncontrolled" because of untrained workers.

The shortage of resin, an ingredient medical manufacturers use in plastic products, isn't affecting hospitals equally.

Impacts from the COVID-19 pandemic have shown just how important it is to establish preparedness plans that address how healthcare facilities can best manage inventory in crises or for other specific needs.

Since Florida's health department won't promote the authorized COVID-19 vaccine for infants and toddlers, and independent pharmacies and national retailers are left to pick up the slack, there's spotty access across the state. Parents are fed up, The Washington Post reported July 17. 

With a high demand and limited supply of monkeypox vaccines, some states and cities are prioritizing doses for those who have had direct exposure to monkeypox, and others are offering only one shot of the required two-dose regimen. 

The nation's stockpile of monkeypox vaccines racks up to nearly 7 million with the latest HHS purchase of Jynneos doses from Bavarian Nordic, the only manufacturer with an approved monkeypox vaccine.

In one of the largest known thefts of personal protective equipment, accounting for more than $470,000 worth of gloves, masks and gowns, a federal judge sentenced three men to 28 months in federal prison. 

Here are 10 health systems that have posted job listings for supply chain expertise in the last week: 

Tacoma, Wash.-based MultiCare Health System has partnered with drone delivery company Zipline to transport medical supplies to hospitals, labs and physician offices across the system.

Medical device manufacturer Medtronic is poised to invest $75 million to co-promote CathWorks' artificial intelligence device that diagnoses coronary artery disease and detects its physiologic effects. 

Here are three recent moves Cardinal Health has made:

Despite federal efforts to boost infant formula production, supply rates in five states dropped below 60 percent and the nationwide rate recently dipped 7 percentage points, Bloomberg reported July 8. 

Today the healthcare industry is facing many challenges with product availability, allocations and supply constraints.