Blog

    Supply Chain Savings Support Mission-Critical Objectives

    Supply costs are one of the fastest-growing cost centers for hospitals. These spiraling expenses tend to hit community-based hospitals hard because many don’t wield enough purchasing power to command preferred pricing. Other hospitals, though larger or part of a health system, face unique supply chain challenges and concerns despite their greater purchasing power.

    Holding the line on supply chain costs is, or should be, a top priority for community hospitals of all sizes. By reducing supply costs and better managing the supply chain, a hospital can expand its savings margin...


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    Press Releases

    Community Hospital Consulting Drives Telecom Savings for Rural and Community Hospitals

    Plano, TX (August 21, 2018) – Not a day goes by that community hospitals don’t look for ways to reduce costs or identify savings. Yet there’s good news from the Federal Communications Commission (FCC) which recently increased its annual funding cap—from $400 million to $581 million*—for a program that helps support telecommunications services for rural and community hospitals.

    “Doing more with less while seeking savings opportunities or support funding is the norm for community hospitals,” said Jim Kendrick, president and CEO of Community Hospital Corporation (CHC) of Plano, Texas. “It’s not...


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    Videos

    CHC Contribution

    CHC CEO Jim Kendrick explains how CHC helps Community Hospital improve their performance.

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    Case Studies

    Rural Hospital Model of Success: Yoakum Community Hospital, Yoakum, TX

    The Situation

    Over the past several years, small rural hospitals across the United States have been struggling to stay afloat. Yoakum Community Hospital was no different. Declining reimbursements, an unfavorable payer mix and sagging hospital operations had together created a negative bottom line for the hospital.

    “Before CHC came on board, we didn’t have the infrastructure or insight we needed to improve the hospital’s performance. Today, there is such a tremendous energy around here.”

    Karen Barber, CEO, Yoakum Community Hospital

    Background

    Yoakum Community Hospital...


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    Solutions

    Supply Chain Savings for Larger Community Hospitals

    Serving hospitals of all sizes, CHC Supply Trust understands that larger hospitals and health systems, despite their purchasing power, face unique supply-chain challenges and concerns. Chief among those concerns is finding a GPO that’s as trustworthy and attentive as it is effective at delivering the best products and services at the best value. Bringing experience and expertise to larger hospitals from Texas on up to Minnesota, and from Georgia west to Oregon, CHC Supply Trust is the right strategic partner for these complex organizations, leveraging their size and spend to...


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    News Room

    Southwest Memorial has plan to recover financial health

    Southwest Memorial Hospital is struggling financially, but a robust recovery plan has been implemented to right the ship, top managers told a crowd of 50 residents and staff at a recent board meeting.

    Two organizations – the public Montezuma County Hospital District and the private nonprofit Southwest Health System – are responsible for hospital management.

    Read the full article in The Durango Herald, September 3, 2018. 

    ...

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    White Paper

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    Power in Partnership?

    Community hospitals are evaluating partnerships as a path to financial viability. This white paper provides a roadmap to consider the pros and cons for your hospital.

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