ANAE

One of the biggest challenges facing the U.S. healthcare system is drug shortages, with the potential for year over year growth to exceed 27%.  The U.S. Food and Drug Administration’s Drug Shortages Task Force released a report that identified several factors that often converge to create a shortage situation, including:-The lack of incentives for manufacturers to …

The U.S. Drug Supply Chain in Crisis: Solutions to ShortagesRead More

Earnings reports from providers, insurers and health technology companies for the three months ended March 31. View Earnings Here

Healthcare earnings reports from the first quarter of 2020Read More

Two U.S. senators are probing Medline Industries as well as others firms involved in a Trump administration venture branded “Project Air Bridge,” which flies in to the U.S. vital COVID-19 medical supplies that are in short supply. Sens. Elizabeth Warren and Richard Blumenthal say the program operates “with little to no transparency.” Blumenthal tweeted that …

Senators probe Medline about ‘Project Air Bridge’Read More

Mayo Clinic was in a strong financial position before the COVID-19 pandemic hit. It had a record performance year in 2019, with revenue of $13.8 billion and operating income of more than $1 billion. The health system began 2020 with significant liquidity reserves, but its finances began to suffer in March after it deferred all elective care …

Mayo Clinic’s operating income drops 88% in Q1Read More

An Associated Press investigation has found millions of counterfeit medical masks, gloves, gowns and other supplies being used in hospitals across the country, putting lives at risk. This story is part of an ongoing investigation by The Associated Press, the PBS series FRONTLINE and the Global Reporting Centre that examines the deadly consequences of the …

Counterfeit masks reaching frontline health workers in USRead More

A national survey of blood centers indicates blood supply needs will increase by as much as 50 percent to accommodate the resumption of elective procedures and other suspended inpatient and outpatient service lines.“Despite blood collections decreasing by about 75% this spring, hospitals have had access to ample supply and have avoided a shortage of blood …

Premier survey finds blood supply needs to increase as much as 50% as elective procedures returnRead More

US case count tops 1M US may have plateaued—but it’s not a decline Rural spread raises new concerns Legislation will likely ease short-term cash flow challenges—but long-term impact still unclear Regulators will likely face pressure to ease repayments of Accelerated and Advanced payments States—and hospitals—look to reopen for regular business Antibody testing sparks interest—but there …

10 takeaways: What health systems must do to protect their PPE supplyRead More

Gov. Andrew Cuomo said that New York will join with states from Massachusetts to Delaware to create a regional supply chain for masks, gowns, ventilators, testing supplies and other equipment vital to fighting the disease. The states are joining together after months of dealing separately with what Cuomo said was a “totally inefficient and ineffective” …

Cuomo: New York Will Join Northeastern States To Form Supply Chain To Combat COVIDRead More

Last week ANAE hosted a members only Supply Chain Leader Webinar with Charlie Miceli, Network Vice President & Chief Supply Chain Officer Health Network Ventures at The University of Vermont Health Network.Find out more about UVM Health Network, how they are dealing with COVID19 and how suppliers can better collaborate with this network, and much …

ANAE Supply Chain Leader Webinar with The University of Vermont Health NetworkRead More

Senate Democrats introduced a bill that would put control of the nation’s medical supply chain in the hands of the federal government, using its expertise in military production and distribution to address the COVID-19 pandemic. The Medical Supply Delivery and Transparency Act would require the secretary of defense to appoint a civilian with experience in …

Senate Dems propose federalizing medical supply chainRead More

Karen Conway, Vice President, Healthcare Value with Global Healthcare Exchange (GHX), wrote an article on 4 lessons that we can take away from the Covid-19 Pandemic. “Supply chain professionals are collaborating and innovating with clinicians and communities in ways that are not only addressing the immediate crisis but also will likely reshape the future of …

Shoring Up the Healthcare Supply Chain: 4 Lessons From The COVID-19 PandemicRead More

IBM announced the launch of its Rapid Supplier Connect, a blockchain-based network designed to help government agencies and healthcare organizations identify new, non-traditional suppliers who have pivoted to address the shortage of equipment, devices and supplies needed for COVID-19 relief efforts. Rapid Supplier Connect is available at no cost until August 31, 2020 to qualified …

IBM launches Rapid Supplier Connect to help alleviate COVID-19 supply shortagesRead More

Sergio Chayet, director of the Operations and Supply Chain Management MBA platform at Olin, foresees changes ahead in several areas including making workers safer and strategies to guard against future massive stresses on supply chains. “Just like September 11 brought permanent changes to airport and port security, it is likely this latest crisis will bring …

COVID-19 crisis predicted to bring ‘permanent changes’ to supply chain risk managementRead More