VHA, an Irving, Texas-based national healthcare purchasing network, said that 28 member hospital systems in six New England states have formed a new regional purchasing group in an attempt to lower costs.
VHA announces regional purchasing group
Members of the Northeast Purchasing Coalition will work together and with VHA to aggregate the purchasing volume of contracts, reduce product utilization and use clinical subcommittee recommendations in decisions, according to a news release.
The coalition is made up of more than 100 hospitals in Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont. VHA said in the news release that the coalition's hospitals have more than $2 billion in supply-related, nonsalary expenses each year.
In recent years, VHA has supported the development of a number of regional purchasing groups for its member healthcare systems. VHA announced the formation of the Gulf States Purchasing Coalition in March and the Purchasing Coalition of Pennsylvania in June.
NPC members can choose to make independent decisions about purchases, but have said they will “aggressively pursue product standardization whenever possible in order to achieve dramatic cost savings,” according to a news release.
Some of the coalition's members include Beth Israel Deaconess Medical Center, Boston; Yale New Haven (Conn.) Health System; Care New England Health System, Warwick, R.I.; and Southwestern Vermont Health Care, Bennington.
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