BRENTWOOD, Tenn.--(BUSINESS WIRE)--CHE Trinity Health, based in Livonia, Michigan, was awarded HealthTrust’s inaugural Innovation Grant at the 2014 HealthTrust University Conference & Vendor Fair (HTU), held recently in Nashville, Tennessee. HealthTrust established the grant to acknowledge and sponsor supply chain innovation that improves patient care, operational excellence and/or financial performance.
The $50,000 award was provided as a $25,000 grant and $25,000 in HealthTrust service line expertise to support the replication of best practices across the membership. CHE Trinity Health was selected because of its progressive analytics tool that supports system value analysis and supply utilization improvements.
Ed Jones, president and CEO of HealthTrust said, “HealthTrust members comprise some of this country’s most innovative providers and we are proud to recognize and foster the sharing of those best practices. We had many worthy applications which sparked healthy debate among the selection committee. We are proud to name CHE Trinity as our first-ever innovation award recipient and are honored to invest in their truly innovative vision.”
CHE Trinity Health plans to use the grant funds and resource support to improve its reporting tools by increasing product classification and cross-referencing information; identifying total cost and utilization of products per procedure for operating room service lines; and substantially increasing products linked to the patient at case level. HealthTrust resources will be providing support to enhance CHE Trinity Health’s analytics vision and increase its data recognition.
Results of the CHE Trinity Health initiative will be shared in HealthTrust’s magazine, The Source, along with highlights of other inspiring innovations. In addition, CHE Trinity Health and HealthTrust will share a progress report at next year’s HTU conference in Nashville. Project team members from CHE Trinity Health include Scott Gasiorek, informatics director, Supply Chain; Kelley Young, director, Strategic Sourcing; Lynne Farkas, clinical resource director, Value Analysis; and Brett Wist, manager, Advanced Analytics.
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 1,350 acute care facilities, 800 ambulatory surgery centers and members in more than 10,600 other locations, including physician practices, long-term care and alternate care sites. Headquartered in Brentwood, Tennessee, HealthTrust is closely integrated with the proven capabilities 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.