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More Purchasing Power for Community Hospitals

Complimentary Supply Spend Analysis

Find out how much your hospital could save through CHC Supply Trust.

Purchased Services

Now you can also save on purchased services and capital expenditures.

Analytics and Reporting

Analyze product spend and utilization and to identify areas for improved efficiencies and compliance.

Healthcare Supply Chain Management

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:

  • Access to Valify Supply Chain Analytics and Reporting
  • Purchased Service Aggregation
  • Supply Chain Consulting
  • Hospital GPO Access to HealthTrust
  • Customized Support Services Agreement
  • Outsourced Materials Management

CHC Materials Management Experts

Benefits

  • Results. Supplies are the second-highest area of expense for community hospitals, so savings immediately impact the bottom line.
  • Resources. Although standalone community hospitals lack the resources to engage in big data analysis on their own, in partnership with CHC Supply Trust, smaller hospitals are leveraging sophisticated analysis for supply chain optimization. 
  • Savings. The typical savings achieved by switching from a non-contracted product to a contracted product is 15 to 25 percent across all categories of supplies. (Even if you already have GPO relationships in place.)
  • Rebates. You keep 100 percent of GPO rebates each month.
  • Compliance. Measuring procurement of contracted products and aiming for 90 percent compliance bring significant cost savings.
  • Insight. Data analysis can also help win clinician support for product standardization and other supply chain initiatives. For example, a dashboard with product usage data by clinician, procedure and patient outcome can show clinicians the value of product standardization on efficiency and cost reduction, all while improving patient care.
  • Tier 1. One of the ways we help hospitals reduce their operating costs while maintaining quality is through Tier One Hospital GPO access. Group purchasing organizations help hospitals to realize savings and enjoy efficiency when working with manufacturers, distributors, and vendors.
  • Expertise. Our materials management experts are here for you each step of the way to help maximize your savings.

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White Paper

FREE DOWNLOAD!

Community Hospital Supply Chain Best Practices

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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Don’t Wait to Save

Request a Complimentary Supply Spend Analysis to show you exactly how much you can save with CHC Supply Trust.

Complimentary Supply Spend Analysis

A Sustainable Path

CEO Jim Kendrick explains why It’s important to position community hospitals for long-term success.

Case Study

Small Hospital Realizes Big Healthcare Supply Chain Savings: Community Hospital, McCook, NE

The Situation

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...

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A Strategic Approach 

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. 

Data-driven Supply Chain Efficiencies

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.

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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Vendors and Suppliers

Learn how to partner with CHC Supply Trust.

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