Tax Dollars at Work!
The $2 trillion stimulus bill hammered out in Washington not only provides much-needed relief to ordinary citizens, but it also takes steps to shore up supply chains, particularly those in the healthcare industry.
According to news reports, the bill requires the federal government to create a list of medical devices in short supply and calls on the Strategic National Stockpile to maintain the types of medical devices needed to respond to a threat like coronavirus. This would seem to address a concern that just-in-time inventory practices have left the United States (and the rest of the world) flat-footed in the event of pandemics. The bill also calls for study into whether the United States has grown too reliant on foreign-produced healthcare supplies and medicines.
We will provide more information as it becomes available.