BRENTWOOD, Tenn.--(BUSINESS WIRE)--HealthTrust today announces that it was selected by AllSpire Health GPO, LLC (AllSpire), a new regional group purchasing organization (GPO), to be its exclusive national GPO and support the development of a regional contract portfolio for categories where local market dynamics drive optimal value and service. Under terms of the agreement, each of the six health systems that own AllSpire will be HealthTrust members and fully utilize its committed portfolio. HealthTrust will further lead the development of the AllSpire custom portfolio for medical devices and purchased services.
AllSpire is owned by New Jersey-based Atlantic Health System, Inc. (Morristown), Hackensack University Health Network (Hackensack) and Meridian Health (Neptune), and Pennsylvania-based Lehigh Valley Health Network (Allentown), Reading Health System (Reading) and WellSpan Health (York). Hackensack, which has been a HealthTrust member since 2011, continues as a member while the other systems will be fully onboarded with HealthTrust during the third quarter of 2016.
“When we formed AllSpire Health Partners, the goal was to identify and develop clinical improvements and business initiatives that will improve the performance of our members,” said Brian A. Nester, DO, MBA, FACOEP, chair of the AllSpire Health Partners Executive Committee, and president and chief executive officer of Lehigh Valley Health Network. “As provider cost pressures continue to intensify, it’s more critical than ever to lower expenses while improving outcomes, and HealthTrust will help AllSpire bring that value to our members and our communities.”
“This strategic partnership underscores the importance of committed scale to group purchasing,” says HealthTrust President and CEO Ed Jones. “Our national scale and core portfolio, combined with AllSpire’s market share for local agreements, will provide to AllSpire owners unparalleled value across all supply categories. We have a unique opportunity to demonstrate how a regional purchasing coalition can align with HealthTrust to optimize supply savings and eliminate the redundant sourcing efforts typical of GPO models without committed portfolios. We are especially proud to be involved in the creation of AllSpire Health GPO, which we believe will become the market leader in the region.”
About HealthTrust
HealthTrust (Healthtrust Purchasing Group, L.P.) is committed to strengthening provider performance and clinical excellence through an aligned membership model and the delivery of total cost management solutions, including supply chain solutions and a contract and service portfolio unparalleled in quality, scope and value. HealthTrust (www.healthtrustpg.com) serves over 1,400 acute care facilities and members in more than 22,600 other locations, including ambulatory surgery centers, physician practices, long-term care and alternate care sites. Headquartered in Brentwood, Tennessee, HealthTrust is an affiliate of Parallon Business Solutions, LLC (www.parallon.com), a leading provider of healthcare business and operational services, including revenue cycle management, workforce and technology solutions. On Twitter @healthtrustpg and @parallonconnect.
About AllSpire Health GPO
AllSpire Health GPO, LLC, was created by AllSpire Health Partners, LLC (www.AllSpireHealthPartners.org), an alliance founded in 2013 with a mission of improving population health, enhancing the patient experience and creating more affordable healthcare—the triple aims of value-based care—across the Northeast. The alliance is comprised of six leading healthcare institutions: Atlantic Health System, Inc. (Morristown, N.J.), Hackensack University Medical Center (Hackensack, N.J.), Lehigh Valley Health Network (Allentown, Pa.), Meridian Health System, Inc. (Neptune, N.J.), Reading Health System (Reading, Pa.) and WellSpan Health (York, Pa.). Creation of the AllSpire Health GPO is one of the founding initiatives of the interstate consortium.
Original release: http://healthtrustpg.com/allspire-health-partners-chooses-healthtrust-as-its-national-gpo-partner
