The medical-surgical segment of the healthcare market grew 6.3 percent in the second quarter to $9.1bn in volume and 2.3 percent growth compared to second quarter 2015 ($8.6bn), and the clinical laboratory product segment decreased 5.1 percent to $1.9bn in the second quarter compared to results in second quarter 2015 ($1.8bn).

Vizient Inc. has developed Vizient Savings Actualyzer, a supply-chain analytics platform for the healthcare industry.

The event for Medical Supply Chain Innovators

Pfizer will build a biologics plant in China, where it will make biosimilars for the Chinese market but also for sale throughout the world. The New York drugmaker has turned to GE for construction of the facility, which has developed a modular construction process that will cut the cost and allow the plant to be operational in about 18 months, instead of three years.

Since opening last month, the new Stanford Children's Health Specialty Services - Sunnyvale clinic has received the best patient satisfaction survey results of any of Stanford Children's Health 60-some facilities. The health-care company attributes the high patient satisfaction levels, in large part, to a real-time location system that enables the staff to find patients, personnel and assets efficiently, says Lee Kwiatkowski, Stanford Children's Health's director of ambulatory transformation.