Deborah Yetter Louisville Courier Journal Published 8:51 AM EDT Jun 11, 2020 LOUISVILLE, Ky. — Signature HealthCARE, the state’s largest nursing home chain, is eliminating 100 jobs from its headquarters in Louisville, citing soaring costs of the coronavirus pandemic, the company announced Wednesday. “We have had to make some very tough decisions that are nothing… Read More »
After marijuana and alcohol, prescription drugs are the most commonly misused substances by Americans age 14 and older. Education Images | UIG | Getty Images A Utah-based hospital chain pledged Wednesday to slash the number of opioid pills prescribed for patients with acute pain at its facilities by 40 percent by the end of 2018.… Read More »
Unnecessary hospital spending on supply chain products and related operations and procedures has reached about $ 25.7 billion a year, according to an annual analysis by Navigant. The potential savings opportunity represents a 11.8% surge from 2017, representing $ 2.7 billion. For individual hospitals, the average total supply expense reduction opportunity by percent remained steady… Read More »
The United States spends more on healthcare than any other industrialized nation, and the continued growth in healthcare spending is creating economic pressures not only for the industry, but also business and consumers. In response, the industry is undergoing a fundamental shift in how it conducts business, moving from volume to value. This move is… Read More »
Walgreens Boots Alliance reported quarterly earnings and revenue that missed analysts’ expectations and lowered its forecast for 2019 in what CEO Stefano Pessina called the “most difficult” quarter since acquiring European drugstore chain Alliance Boots in late 2014.
Cutting costs, saving money: These goals are often top-of-mind for health systems, and their supply chain operations are no different. One of the challenges when it comes to reigning in supply chain costs, though, is that there tends to be little wiggle room. Saving is easier said than done. It becomes a little more effective… Read More »
The National Institute of Standards and Technology posted the newest update to its Risk Management Framework. “RMF 2.0 is the first framework in the world to address security, privacy, and supply chain risk in an integrated manner — at the organization, mission/business process, and system levels,” NIST Fellow Ron Ross wrote in a Twitter post.… Read More »