BHCS expects to lower its supply cost
US-based Baylor Health Care System has selected MedAssets as its strategic supply chain partner, including group purchasing services, physician preference item or PPI cost reduction services and enabling technology.
According to MedAssets, the multi-year agreement provides Baylor Health Care System (BHCS) with access to MedAssets’s group purchasing (GPO) services and customized supply chain management capabilities including its supply chain analytics and medical device consulting services to help lower supply cost.
MedAssets said that through its GPO services, BHCS will access a contract portfolio of quality, commodity medical products and supplies from more than 1,000 manufacturers and distributors. The company will also collaborate with Baylor’s medical, clinical and administrative staff in a process to address and reduce costs on high-expense supplies.
MedAssets also said that the agreement is also expected to provide BHCS with access to MedAssets’s supply chain technology and analytical services.
John Bardis, president and CEO of MedAssets, said: We are pleased that BHCS chose to expand its relationship with MedAssets by adding our company’s supply chain solutions. MedAssets’s solutions offer transparency to help our customers identify performance gaps and address source issues. This increased visibility into operations and finances provides information and insight to drive performance improvement.