Beaumont Hospitals Expands Relationship with Broadlane
Broadlane announced today the signing of an exclusive agreement with Beaumont Hospitals, a tri-county health system based in Royal Oak, Michigan. The agreement is to provide comprehensive and advanced supply chain services customized specifically for Beaumont Hospitals in order to maximize savings and efficiency for the system’s $300 million annual spend. Terms of the agreement were not disclosed.
Dallas (Vocus) March 18, 2008
Broadlane announced today the signing of an exclusive agreement with Beaumont Hospitals, a tri-county health system based in Royal Oak, Michigan. The agreement is to provide comprehensive and advanced supply chain services customized specifically for Beaumont Hospitals in order to maximize savings and efficiency for the system’s $300 million annual spend. Terms of the agreement were not disclosed.
After realizing cost-savings opportunities as a Broadlane GPO client, senior management at Beaumont determined that Broadlane’s operational expertise and advanced technology could help improve other areas of the health system’s supply chain.
A Broadlane client since 2003, Beaumont will continue to have full access to Broadlane’s national contract portfolio, and beginning April 1, Broadlane will assume day-to-day responsibility for hospital procurement operations and management of its Value Analysis Teams (VAT).
Broadlane will leverage its scalable Procurement Services infrastructure to centralize Beaumont purchasing functions, transaction management and Item Master maintenance. 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.
Beyond national GPO participation, Beaumont will also utilize Broadlane for sourcing of supplies and purchased services, which are typically contracted locally. In addition, Broadlane will provide comprehensive Capital Equipment Services, including Live Group Buys and Quote Reviews.
“Since we began working with Broadlane, they have demonstrated a sustained ability to provide significant savings and supply chain improvements,” said Ken Matzick, president and chief executive officer, Beaumont Hospitals. “After careful examination of other Broadlane Procurement Services clients, we realized we could increase clinician engagement in supply chain decisions, accelerate savings and improve internal procurement controls by partnering fully with Broadlane for management of our procurement, data management and VAT activities.”
"We are excited about the opportunity to expand our relationship with Beaumont Hospitals,” said David Ricker, president and chief operating officer, Broadlane. “They are – and will continue to be – a valuable Broadlane client, and we look forward to providing them even greater supply chain improvements and savings. Broadlane has developed the industry’s leading technology platform and associated infrastructure to centrally manage procurement for multi-location health systems, and Beaumont Hospitals will have real-time visibility into system-wide spending and the ability to manage it.”
About Beaumont Hospitals
Beaumont Hospitals is a three-hospital regional health care provider in southeast Michigan with a total of 1,696 licensed beds, 18,000 employees and 3,000 physicians in Oakland, Macomb and Wayne counties. In addition to its hospitals, Beaumont operates numerous community-based medical centers in Oakland, Macomb and Wayne counties, five nursing centers, a research institute, home care services and hospice. Visit Beaumont on the Web at www. beaumonthospitals. com.
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 & custom contracting Innovative Procurement Services & technology Informatics – benchmarking, analytics and reporting Deep clinical & operational expertise Supply Chain Management Services Broadlane is the nation’s leader in providing comprehensive supply chain management solutions to health care systems.
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.
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