Abbott Laboratories (Abbott Park, IL) has announced plans to create a new hospital products company with estimated worldwide sales of $2.5 billion. The company will be spun off from Abbott's core ...

In an effort to improve quality control, reduce risk and significantly decrease costs, an increasing number of large hospitals and health networks are launching full-fledged self-distribution programs ...

As the Affordable Care Act has helped the healthcare industry to shift its focus from volume to value, health care providers are increasingly challenged to find new ways to drive down the total cost ...