Henry Medical Center Extends Successful Relationship with Broadlane; Saves 40 Percent on Orthopedic Spend
Broadlane announced today that Henry Medical Center in Stockbridge, Georgia will maintain its exclusive relationship with Broadlane. Dallas (Vocus) June 10, 2008 -- Broadlane (www.broadlane.com) announced today that Henry Medical Center in Stockbridge, Georgia will maintain its exclusive relationship with Broadlane. Henry Medical Center will continue to access Broadlane’s unparalleled national GPO portfolio of consumable supplies, equipment, pharmaceuticals and purchased services to help manage its approximate $30 million in annual spend.
Broadlane’s proprietary technology, including OnRamp (Broadlane’s client portal) and BroadLink™ (Broadlane’s e-commerce exchange), will be utilized to streamline the purchasing processes.
Henry Medical Center recently added clinical consulting to its list of Broadlane-provided services. Specifically, Henry Medical Center implemented Broadlane’s Orthopedic Management Program (www.broadlane.com) to control orthopedic spend for total joint implants which resulted in a 40 percent savings.
Broadlane’s orthopedic consulting team conducted an in-depth assessment of Henry Medical Center’s total joint program to provide a true picture of the program’s profitability. An analysis of vendor market share and spend, hospital reimbursement and surgeon product preferences allowed Henry Medical Center the opportunity to implement a savings program tailored to its needs. A detailed monitoring and reporting tool was implemented to facilitate tracking of actual savings for the hospital.
“The success of the orthopedic program at Henry Medical Center is a result of the collaboration and teamwork facilitated by the Henry Medical Center staff,” said David Ricker, president and chief operating officer, Broadlane. “It allowed us to facilitate the implementation process quickly to maximize savings opportunities.”
“We conducted an extensive due diligence process with several other GPOs,” said Claude Carruth, vice president and chief financial officer, Henry Medical Center. “We chose Broadlane for their superior customer service and extensive contract portfolio. The success we’ve achieved with Broadlane’s Orthopedic Management Program prompted us to evaluate implementing other clinical consulting programs (www.broadlane.com). We have enjoyed a great relationship with incredible savings for the past five years, and we look forward to more of the same in future years.”
“Henry Medical Center researched all options to achieve the best savings and offerings,” said Ricker. “They are a valuable client, and we are excited to continue working with them to provide exceptional client service and savings.”
About Henry Medical Center
Henry Medical Center in Stockbridge, Georgia is a 215-bed not-for-profit community hospital. A volunteer board of directors leads the hospital. Since 1979, Henry Medical Center has offered exceptional medical care to residents of one of the fastest growing counties in the nation, as well as the residents of adjoining counties.
About Broadlane
Broadlane is a leading supply chain services company serving thousands of acute care hospitals, ambulatory care facilities, physician practices and other healthcare providers throughout the United States.
Broadlane provides comprehensive supply chain services including:
- High-powered national and custom contracting
- Innovative Procurement Services and technology
- Informatics – benchmarking, analytics and reporting
- Deep clinical and operational expertise
- Resource Management Services
Broadlane's clients include leading providers such as Advocate Health Care, Ascension Health, CHRISTUS Health, Continuum Health Partners, Kaiser Permanente, Kindred Healthcare, MedCath Corporation, New Hanover Regional Medical Center, Sisters of Charity of Leavenworth Health System, St. Luke’s Episcopal Health System, Tenet Healthcare, The Health Alliance of Greater Cincinnati, US Oncology, UMass Memorial Health Care and Beaumont Hospitals.
The company is headquartered in Dallas with offices in Cincinnati, Detroit, Houston, New York City and Oakland. For more information, visit www.broadlane.com.
Media Contact: Jim Webb
Broadlane
972.813.7782
jim.webb@broadlane.com
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