Here are eight articles published by Becker's Hospital Review this week highlighting a national yellow vaccine shortage, a new supply chain risk assessment tool and more.
1. 9 strategies to lower drug costs, as ranked by public support
Allowing Medicare to negotiate drug prices is the most widely supported initiative to lower high drug costs among Americans.
2. Physicians prescribe fewer branded drugs when hospitals limit drug rep interactions
Physicians at teaching hospitals that restrict drug representative interactions prescribed fewer promoted brand name drugs than peers at hospitals without restrictions.
3. 4 experts' tips on modernizing hospital supply chains for the digital age
Since labor and supplies are usually the two biggest cost drivers for hospitals and health systems — and layoffs are undesirable — supply chain is usually the first place administrators look to cut costs.
4. Supply chain tip of the week: Target services — not supplies — for cost savings
Dina Salvaggio, a director at Chicago-based Prism Healthcare Partners, believes hospitals should look to hospital services, rather than supplies, for cost-saving opportunities.
5. CDC: US supply of yellow fever vaccine to completely run out by mid-2017
Supplies of the only U.S.-licensed yellow fever vaccine will be depleted by mid-2017 due to a manufacturing issue.
6. Why supply chain is a healthcare leader's most strategic asset
Healthcare's movement toward value-based care is not only underscoring the importance of an efficient healthcare supply chain, but also redefining the supply chain leader role.
7. CIPS launches supply chain risk-assessment tool
The Chartered Institute for Procurement and Supply developed an online supply chain risk-assessment tool.
8. Survey: 72% of supply chain leaders expect blockchain to simplify logistics
A majority of supply chain leaders believe blockchain technology will reduce administrative work associated with supply chain management.
More articles on supply chain:
DOJ raids Perrigo headquarters in drug price investigation
The key to supply chain efficiency: Aligning clinical and supply chain staff
US drug spending to hit $610B by 2021: 4 report findings