17.11.2010 16:00:00
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San Antonio Community Hospital Improves Margins with MedAssets’ Enterprise Spend Management Solutions
San Antonio Hospital, located in Upland, Calif., has chosen MedAssets (NASDAQ: MDAS) as its strategic spend management partner to lower supply costs, improve utilization efficiencies and increase standardization by engaging physicians in the cost improvement process to improve clinical and operating effectiveness at the 279-bed hospital. In less than a year of working with MedAssets, the hospital has experienced $2.7 million in savings.
Under a long-term agreement, MedAssets is providing integrated spend management solutions to San Antonio Community Hospital, including group purchasing (GPO) services to leverage a comprehensive contract portfolio of quality, cost-effective commodity medical products and supplies. Aspen Healthcare Metrics experts is working with the hospital to lower the cost of physician preference items by encouraging greater collaboration between the hospital’s medical, clinical and administrative staffs, leading more efficient utilization of high-expense implantable medical devices and supplies without impacting the quality of care. San Antonio Community Hospital is also using MedAssets’ business intelligence and analytical tools to drive supply chain management savings in all departments, including the hospital’s pharmacy. This technology gives San Antonio Community Hospital actionable information that increases transparency and improves operations across the supply chain.
"Our hospital is focused on bending the cost curve in a positive direction, and MedAssets has a great track record of delivering sustainable savings for its customers,” said Vince Leist, Chief Operating Officer (COO) of San Antonio Community Hospital. "MedAssets offered a comprehensive suite of spend management solutions and expertise that is already helping us accomplish our goal of aggressively reducing supply costs and engaging our clinicians in the financial improvement process. We are focused on positioning our hospital to be in the best financial situation possible as we serve our community.”
"MedAssets is pleased to assist San Antonio Community Hospital in lowering supply costs, improving efficiency and engaging its clinical staff in the financial improvement process,” said Rand Ballard, Chief Customer Officer and COO, MedAssets. "Our work with San Antonio Community Hospital increases standardization and improves the utilization of supplies, leading to the results we promised through sustainable savings and better operating margins for the hospital.”
About MedAssets
MedAssets (NASDAQ: MDAS) partners with healthcare providers to improve financial strength by implementing spend management and revenue cycle management solutions that help control cost, improve margins and cash flow, increase regulatory compliance and optimize operational efficiency. MedAssets serves more than 125 health systems, 3,300 hospitals and 40,000 non-acute healthcare providers. For more information, go to www.medassets.com.
About San Antonio Community Hospital
San Antonio Community Hospital brings together all that modern medicine has to offer – technology, teamwork, expertise, and caring. From its humble beginnings in 1907, San Antonio Community Hospital has become a healthcare leader in the rapidly expanding Inland Empire of Southern California. Today, more than 2,000 professional, technical, and support personnel make their career with the hospital. Joined by many of the region’s leading physicians who comprise the 500-member medical staff, this team of skilled and compassionate individuals has earned San Antonio Community Hospital an exceptional reputation of quality patient care. With 279 beds, San Antonio Community Hospital is a premier acute care facility that provides a comprehensive range of medical services. Serving its community for a lifetime of quality health, San Antonio Community Hospital operates three other medical facilities in addition to its 279-bed hospital campus nestled in the foothills of the San Bernardino Mountains in Upland, California. For more information, go to www.sach.org.
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