ImageFIRST, a leading provider of laundry services for the healthcare industry, announced today the acquisition of a majority stake in Faultless Healthcare Linen with the support of Calera Capital, a leading middle market private equity firm.

Surgical Specialties Corp. formed a new business division to unite its Sharpoint brand and its two recent acquisitions, Unique Technologies and VPM Surgical.

A Southern Illinois physician is suing McKesson Corp. and other general drug companies, accusing them of colluding to fix prices for their drugs, according to local ABC news affiliate WSIL-TV.

A quarter of supply chain managers say supply chain tasks stress them out, according to healthcare services and products company Cardinal Health's 2019 hospital supply chain survey.

Cerner, Epic Systems and Meditech control most of the ASC electronic health record market, according to Definitive Healthcare data published in EHRIntelligence.

Surgical Notes integrated its SNChart revenue cycle management software with HSTpathways' ASC management software in a new partnership.

  Alpharetta, Ga.-based Surgical Information Systems Chief Nursing Officer Ann Geier, RN, shared tips for ASCs to improve inventory management practices on the company's blog.

  When ASCs are considering purchasing new equipment, having a formal process for securing funding can make the process easier, according to an article in the latest issue of The Ophthalmic ASC.

Six supply chain experts shared their insights on how to improve ASC supply chain tips with Becker's ASC Review:

MDmetrix raised $3 million through a seed round the company will use to improve its artificial intelligence capabilities.

Stephanie Martin, vice president of operations and clinical services for Westchester, Ill.-based ASC manager Regent Surgical Health, shared supply chain tips on Regent's blog.

A surgeon-created solution for ASCs and their self-pay patients could make a big splash in the orthopedic space, according to the investors, physicians and medical executives who judged the AANA Innovation Exchange Pitch Competition.

Ambulatory surgery centers are uniquely positioned in the healthcare industry to increase value and cut costs without compromising patient experience. However, while ASCs have increased in popularity with private insurers and CMS, there are factors that can impede ASC growth.

Mandie Shipp, BSN, RN, senior consultant of the clinical operations ambulatory care segment at Cardinal Health, shared supply chain tips with Becker's ASC Review.

Swedish pharmaceutical company Novartis bought Xiidra, a drug for dry eyes, from Japanese pharmaceutical company Takeda for $3.4 billion up front, and with $1.9 billion in milestone payments May 9, according to Reuters. The deal is expected to close in July.

With less purchasing power than hospitals and less space to store supplies, having effective supply chain management processes is key for ASCs, according to ASC management software developer Simplify ASC.

Bausch Health launched two $750 million offerings to repurchase $1.5 billion in aggregate principal on notes due in 2023.

ASC equipment distributor Mohawk Valley Healthcare purchased a 100,000-square-foot industrial warehouse in Little Falls, N.Y., to replace its Utica, N.Y., facility, Business Journal News Network reports.

Specialty biopharmaceutical company EyePoint Pharmaceuticals reported $2 million in revenue for the first quarter of 2019, up from $928,000 year over year.

NextGen Healthcare, is offering a free version of its NextGen Mobile to its enterprise clients.