Vanderbilt Health Purchasing Collaborative drives value through aggregating our volume and sharing our collective best practices.
Together, we define and implement synergies that result in lower supply, pharmaceutical and purchased services expenses which promote lower health costs and higher quality care within our communities.
Supply Chain Cost Reduction
Through our aggregation of volume, strategic leverage of local markets and access to best-tier pricing, we are able to reduce costs for items purchased through hospital-owned contracts, GPO purchasing and capital purchases.
Sharing of Information
We hold regular meetings with supply chain teams to field questions on a variety of topics, review initiatives and share best practices.
Best Practice Initiatives
Each clinical entity is evaluated on its own unique characteristics and needs to achieve optimal outcomes.
Clinical Integration
To reduce variability and strengthen our care model, we regularly engage with providers to enhance evidence-based purchasing decisions.
Vanderbilt Health Purchasing Collaborative is comprised of 124 hospitals, 5600+ clinics, 352 ambulatory surgery centers, and 83 LTC/Retirement Communities from across the nation. We are now providing service to our membership in 48 states, plus the District of Columbia and Puerto Rico. Members benefit from the sharing of best practices and the maximization of resources and technology, resulting in an aggregate savings of 13%.
