MedCity News March 23, 2021
In healthcare, the linear (take-make-dispose) approach to consumption is even more pronounced than in American culture in general. It’s time for change.
2021 will be the year when a circular healthcare economy will become a vital conversation in the United States. The pandemic has led to a focus on the need to re-use some medical devices and underscored the need for hospitals to critically review their supply chain. During his very first days in office, President Biden placed the healthcare supply chain on the top of his agenda. Meanwhile, US hospitals seeing monthly losses of more than $50 billion (due to massive slow-down of revenue-generating non-emergency procedures and steep declines in patient volume) understand that financial sustainability comes with fundamental...