DOTmed September 14, 2022
Medline has committed another $500 million for the availability and timely delivery of medical supplies to providers.
The investment, completed at the end of the second quarter of 2022, brings the total on-hand inventory value of medical supplies to more than $4 billion and alleviates ongoing supply chain challenges within the healthcare industry.
“As the operators of the largest U.S. supply chain of any medical-surgical manufacturer and distributor, we continue to explore new solutions for the supply chain challenges our industry faces today while also preparing for tomorrow,” said Jim Boyle, executive vice president for Medline, in a statement.
Since 2018, Medline has invested $2 billion in its U.S. distribution centers, manufacturing capabilities and IT upgrades. It is planning to...