WellStar Health System needed to reach an established savings goal and looked to their pharmacy for the additional savings. In order to quickly identify and achieve the savings in pharmacy, they turned to VHA and VHA PharmaLYNX™ for assistance. Using the price benchmarking, analytics and advisory services of VHA PharmaLYNX, WellStar Health saved nearly $865,000 in pharmacy in 18 months – with projected savings of $1 million by the end of 2015.
Learn how WellStar Health is achieving the savings.
Western Connecticut Health Network had achieved strong savings on supplies and was ready to shift its focus to find savings opportunities in the complex areas of utilization, clinical operations and purchased services. Through the close collaboration of administrators, physicians and VHA’s consulting team, the health system achieved savings of $5.8 million in 15 months while continuing to improve quality of care.
Discover how a culture of accountability led to savings success.
The combined effects of health care reform, increasing merger and acquisition activity and intense cost pressures are challenging independent, community hospitals to remain viable in the health care marketplace. In response to these shifting market dynamics, the 21 member hospitals of the Independent Hospital Network Sourcing Group selected VHA DataLYNX to help gain control over supply spend, improve data quality and completeness – increasing savings from sourcing initiatives.
Explore the role analytics play in supply chain success at IHN.
VHA Insights is an online panel of health care leaders — and you’re invited to join. Through this program, you’ll participate in brief online surveys about key health care topics. Then, you’ll receive the first look at the survey data. So share your expertise and gain new insights.
Learn more about VHA Insights now