Broadlane Selected by Ascension Health for Exclusive Procurement Services.DALLAS -- Broadlane, a procurement services company for healthcare, announced today that Ascension Health Ascension Health is a non-profit company that operates a network of hospitals and related health facilities in the United States. It is the nation's largest Catholic and largest non-profit health system[1]. , the largest Catholic and nonprofit A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive. Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law. health system in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , has selected Broadlane to provide an array of procurement services under an exclusive three-year agreement. Terms were not announced. Under the agreement, Broadlane will provide Ascension Health with national and local strategic procurement services for consumable A material that is used up and needs continuous replenishment, such as paper and toner. "The low-tech end of the high-tech field!" supplies and equipment, pharmaceuticals and purchased services. Ascension Health will gain access to Broadlane's existing industry-leading portfolio of contracts and, in addition, Broadlane will assist Ascension Health in developing custom sourcing initiatives in areas of high physician preference. Broadlane will deploy a number of full-time supply chain experts who will be dedicated to helping Ascension Health take full advantage of Broadlane's contracts and other services. Ascension Health selected Broadlane as its Group Purchasing Organization A group purchasing organization is an entity that leverages the purchasing power of a group of businesses to obtain discounts from vendors based on the collective buying power of the GPO members. Many GPOs are funded by administrative fees that are actually paid by the vendors. (GPO) after conducting an extensive year-long discernment process that looked at a variety of alternatives. The agreement with Broadlane will become effective on Oct. 1, 2006, when Ascension Ascension, in Christianity Ascension, name usually given to the departure of Jesus from earth as related in the Gospels according to Mark (16) and Luke (24) and in Acts 1.1–11. Health's current group purchasing relationship expires. "At Ascension Health we are focused on our mission of serving all with special attention to those who are poor and vulnerable," said Mike Langlois, Senior Vice President and Chief Supply Chain Officer of Ascension Health. "To maximize the ability of our ministries to serve their communities, we need to operate as efficiently as possible, moving our organization toward the very best demonstrated practices in healthcare. We believe that Broadlane will help us achieve our goals." Said Charles E. Saunders
Sir Charles Edward Saunders, Ph.D, BA, FRSC (February 2, 1867, London, Ontario–July 25, 1937Toronto, Ontario) was a Canadian agronomist. , M.D., Broadlane's Chief Executive Officer: "We are enormously proud to have been chosen for this assignment by one of the nation's largest and most respected health systems, not only because of the very rigorous and objective competitive process they went through, which validates our contract portfolio and services, but because we know they put a great deal of emphasis on business practices, seeking the highest level of ethics and integrity, compatible with Ascension Health's mission. We look forward to exceeding Ascension Health's high expectations for the relationship." With the addition of Ascension Health, Broadlane continues to expand its faith-based client roster. Other Broadlane faith-based health system clients include CHRISTUS Health, Sisters of Charity of Leavenworth This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. Health System, and Catholic Healthcare Services of Long Island. With Ascension Health's purchase volume included, Broadlane's combined purchase volume will exceed $10 billion annually. About Ascension Health Ascension Health (www.ascensionhealth.org) is the nation's largest Catholic and nonprofit health system, with more than 105,000 associates serving in 20 states and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). . Consistent with its mission to serve all people with special attention to those who are poor and vulnerable, Ascension Health is an innovative leader in transforming healthcare through patient-centered, holistic care of the highest clinical quality. About Broadlane Broadlane is the procurement services company for healthcare. Through a comprehensive set of services focused on contracting, purchasing, clinical and pharmacy cost management, labor, capital equipment and information management, Broadlane helps providers go further to reduce costs and improve financial performance. Broadlane is known for superior and verifiable cost savings, deep clinical and operational expertise, and technology that enables more effective spend management. Together, these capabilities help providers rapidly achieve industry-best procurement practices. Broadlane serves thousands of acute care hospitals, sub-acute care facilities and physician practices across the country. The company is headquartered in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden with other offices in California, Kansas, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Ohio and Texas. For more information, visit www.broadlane.com. |
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