NASHVILLE, Tenn.--(BUSINESS WIRE)--HealthTrustSM, a healthcare performance improvement company, and Prime Healthcare, one of the nation’s leading integrated health systems based in Ontario, California, today announced the signing of an agreement designating HealthTrust as Prime’s exclusive group purchasing organization (GPO). Effective March 1, 2018, the agreement encompasses Prime Healthcare’s 45 hospitals and affiliated facilities in 14 states.
Prime Healthcare anticipates significant savings from HealthTrust’s committed GPO portfolio, operational insights and experience in support of its progressive agenda to transform supply chain operations. The companies will share best practices that steward a close working relationship with physicians and other caregivers, aimed at ensuring high-quality products, reducing operating costs and enhancing patient outcomes.
“We are compelled by HealthTrust’s experience in managing a clinically integrated supply chain to address rising costs while improving healthcare quality,” noted Prem Reddy, MD, FACC, FCCP, chairman, president and CEO of Prime Healthcare. “Their total spend management approach and superior contracts will provide immediate value while maintaining access to quality products and services needed by physicians and their patients. I am confident this alliance will strengthen our ability to save and transform hospitals, deliver compassionate, quality care to patients, and improve healthcare delivery in the communities we serve.”
“We are honored to partner with Prime Healthcare to make a meaningful impact across their organization,” said Ed Jones, HealthTrust president and CEO. “Prime Healthcare facilities have been recognized among the top performing hospitals, and we look forward to working with their physicians and clinicians to advance their operational efficiency.”
Since its founding in 2001, Prime Healthcare has transformed 45 financially struggling hospitals and saved 45,000 jobs in 14 states nationwide, and along the way earned a plethora of awards and recognitions for quality care and demonstrated excellence. This includes recognition among the “100 Top Hospitals” by Truven Health Analytics 38 times and Top 10 and Top 15 health system awards three times.
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 spend management solutions, including supply chain solutions and a contract and service portfolio unparalleled in quality, scope and value. Headquartered in Nashville, Tennessee, HealthTrust (healthtrustpg.com) serves approximately 1,600 acute care facilities and members in more than 26,000 other locations including ambulatory surgery centers, physician practices, long-term care and alternate care sites. On Twitter @healthtrustpg.
About Prime Healthcare
Prime Healthcare is an award-winning national hospital system with 45 acute-care hospitals providing more than 43,500 jobs in 14 states. Thirteen of the hospitals are members of the Prime Healthcare Foundation, a 501(c)3 public charity. Based in California and one of the largest hospital systems in the country, Prime Healthcare is committed to ensuring access to quality healthcare. It has been recognized as among the “100 Top Hospitals” in the nation 38 times and among the “15 Top Health Systems” three times. For more information, please visit www.primehealthcare.com.