New Group Purchasing Agreement Benefits 850-Plus Community Health Centers

By Bob OrtizYour Bottom LineLeave a Comment

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According to the Health Resources and Services Administration, nearly 1 in 14 people receive care at community health centers. Like other providers across the continuum of care, health centers are being forced to take a look at their supply chain operations and figure out how they can reduce costs while also driving positive patient outcomes.  That’s where strategic vendor partnerships … Read More

Two Partnerships Expand Savings Across the Care Continuum

By Doug GolwasYour Bottom LineLeave a Comment

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According to the CMS, healthcare spending in the United Stated is projected to grow at an average rate of 5.8 percent per year. However, increasing regulation and pressure on providers to reduce operating costs while enhance patient outcomes have forced providers to truly examine supply chain costs. As a result, they are depending on vendor partnerships to help them implement … Read More

New Partnership to Enhance Clinical Outcomes For 3,000 Physicians

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In this complex healthcare environment, physicians face many challenges that impact their bottom line. Recent data indicates there has been a 12 percent increase in spending on total operating costs per full-time-equivalent physicians since 2010. To help physicians reduce costs on essential medical supplies, Medic Management Group, a leading provider of customized practice management and operational services for private practice, … Read More

Distribution Partnership Leads to 10 Percent Cost Savings for Edward-Elmhurst Health

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Reducing medical supply costs is often part of a health system’s strategic plan, but a lack of visibility into product purchasing trends can put a hinder on standardization efforts. To enhance supply chain efficiencies at nearly 80 of its physician office sites, Edward-Elmhurst Health, one of the larger integrated health systems in Illinois, launched a three-year distribution partnership with Medline that … Read More

Understanding Purchasing Decisions to Reduce Supply Chain Costs

By Doug GolwasYour Bottom LineLeave a Comment

Studies have shown that supply chain represents 40 to 50 percent of a hospital’s operating expensive. Proper management and control of purchasing can often help healthcare organizations reduce supply chain costs. To help enhance operational efficiencies at its facility, SBH Health System recently awarded Medline a three-year, $40 million prime vendor agreement. SBH is home to St. Barnabas Hospital, a … Read More

Extending Cost Savings to Your Non-Traditional Healthcare Markets

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With more than 7,000 member locations nationwide, including membership outside of traditional healthcare markets, CHAMPS Group Purchasing sought to offer even more members the opportunity to access cost savings opportunities through GPO contract participation. To achieve this, CHAMPS signed a three-year custom contract with Medline that offers members in scientific markets—such as research, blood and transplant—negotiated pricing on a robust portfolio of … Read More