CHC Supply Trust Healthcare Supply Chain Management Services
Following labor, supply costs are the second-highest expense for hospitals as well as the fastest-growing cost center. Unfortunately, spiraling expenses tend to hit community-based hospitals hardest. That’s because they receive less favorable GPO pricing than their larger counterparts. This is when CHC Supply Trust, the supply chain services arm of Community Hospital Consulting, comes in. We offer four levels of healthcare supply chain management support to community hospitals. This includes providing GPO access to the same preferred pricing that large hospital systems are able to negotiate.
What’s Unique About the Healthcare Supply Chain Management Services We Offer?
CHC Supply Trust partners with HealthTrust, the nation’s third-largest GPO, to roll out preferred pricing for community hospitals. Since CHC owns, manages and consults with community hospitals, the benefits of our GPO offering are tried, tested and proven on a daily basis. In addition, we return 100 percent of GPO rebates to hospitals each month. This ensures their bottom line stays healthy.
GPO Access to Preferred Pricing
GPO access is by far the most in-demand supply chain service CHC Supply Trust offers for reducing healthcare supply chain management costs. That’s due to the significant savings made possible by the HealthTrust partnership. By aggregating the purchasing power of community hospitals across the country, CHC Supply Trust is able to grant access to HealthTrust’s portfolio of specially priced, clinician-recommended products and services typically reserved for the nation’s largest hospitals and health systems. Indeed, all CHC Supply Trust hospital clients gain access to a higher level of savings regardless of size.
Team-driven Onboarding and Support
From dialogue to data analysis and product match-up, the onboarding process involves onsite visits from CHC and HealthTrust experts, ensuring a smooth conversion and maximum savings. Special expertise is another thing that sets CHC Supply Trust apart. Led by Jon Pruitt, CHC’s SVP of CHC Supply Trust, the team collectively has decades of experience working with and for community hospitals in materials and healthcare supply chain management. With data analysis, negotiation and hospital operations know-how, team members excel at identifying supply chain savings and efficiencies for our hospital clients.
Following conversion and training, our experts conduct a 90-day post implementation check-in and provide ongoing service support.
Four Levels of Healthcare Supply Chain Management Support
CHC Supply Trust offers hospitals a spectrum of healthcare supply chain management support. This helps hospitals reduce costs while prioritizing clinical quality and patient safety.
How Much Can Your Hospital Save?
Our assessments indicate that hospitals can typically save from 15 to 20 percent annually over rates charged by other GPOs. As a place to start, we offer a Complimentary Supply Spend Analysis. This compares the cost of items already being purchased by the hospital to CHC Supply Trust pricing for the same exact items. This analysis shows a conservative estimate of how much new members can save simply by purchasing those same items through CHC Supply Trust.
The savings are far-reaching. “Healthcare supply chain management in healthcare is not just about medical-surgical supplies,” Pruitt says. “It’s typically the facility engineers who are most surprised by what’s in the portfolio, including services they’re already using that are offered for significantly less.”