CHC Supply Trust brings access, savings and support – including a tailor-made GPO – to community hospitals. Historically, community hospitals are hit the hardest by supply costs because many don’t wield the purchasing power of larger facilities and systems, but with the support and guidance of CHC Supply Trust, community hospitals can achieve the same preferred pricing typically reserved for their larger counterparts.
In the healthcare industry, the supply chain is central to the affordability and quality of patient care. However, supply purchasing is one of the largest expense areas for hospitals and health systems. We take time to assess the procurement process get rid of inefficiencies and unnecessary costs. Our supply chain savings initiatives go a long way in helping to maintain the quality of healthcare in communities across the United States.
Community hospitals use CHC Supply Trust for a variety of healthcare services:
Today, hospital supply chain leaders face a complex situation. They still need to control costs, but as COVID-19 made clear, supply chain efficiency and resiliency depend on many other factors. This white paper will draw from lessons learned from the pandemic to help community hospital supply chain leaders develop a plan in an uncertain environment.
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Community Hospital in McCook, Nebraska, previously bought its supplies and services from a nationwide hospital network. As part of the network’s supply contracting company and group purchasing organization (GPO), Community Hospital was subject to volume-based tier pricing. Under that business model, the small rural hospital paid approximately 35 percent more than larger hospitals for orthopedic implants. Higher prices were just one disadvantage of belonging to a network in which smaller hospitals typically are not shown the same attention as their larger counterparts. Community Hospital was poised...
The supply chain continues to be a main focus of community hospital cost-reduction efforts. Moving forward, however, hospitals are making strategic and data-driven supply chain changes to bring about more effective care delivery. Gone are the days of relegating supply chain to a cost-reduction target.
On behalf of hospital clients, CHC Supply Trust uses third-party platforms including Healthcare IQ and Valify to analyze product spend and utilization and to identify areas for improved efficiencies and compliance. Ongoing data analysis brings transparency to the procurement process.
The goal is cost reduction and improvement in patient care delivery and outcomes — an objective that raises the stature of the supply chain to hospital operations.
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...
