University of Rochester Selects MedAssets as Supply Chain Partner.ATLANTA -- University of Rochester The University of Rochester (UR) is a private, coeducational and nonsectarian research university located in Rochester, New York. The university is one of 62 elected members of the Association of American Universities. of Rochester, New York This article is about the city of Rochester in Monroe County. For the town in Ulster County, see Rochester, Ulster County, New York. Rochester, once known as The Flour City, and more recently as The Flower City or has selected MedAssets as its exclusive group purchasing/supply chain services organization. The University of Rochester has a total annual supply spend of $400 million of which $288 million is related to its health care divisions - the University of Rochester Medical Center The University of Rochester Medical Center (URMC), located in Rochester, New York, is one of the main campuses of the University of Rochester and comprises the university's primary medical education, research and patient care facilities. (URMC URMC Union Regional Medical Center (Union County, NC) URMC Upson Regional Medical Center (Thomaston, Georgia) ) and Strong Health. The relationship, starting at the Medical Center and ultimately affecting all parts of the University, was effective July 29, 2004. The University of Rochester Medical Center is one of the nation's top academic health systems and is upstate New York's premier healthcare delivery network. Its patient care delivery network - Strong Health - is anchored by Strong Memorial Hospital--the University of Rochester's primary teaching affiliate--and also includes Highland Hospital, Golisano Children's Hospital at Strong, Eastman Dental Center The Eastman Dental Center, founded in 1915, along with the Eastman Department of Dentistry, is a unit of the University of Rochester School of Medicine and Dentistry, serving as the University of Rochester's primary dental care and education facility. , senior living facilities and Visiting Nurse vis·it·ing nurse n. A registered nurse employed by a public health agency or hospital to promote community health and especially to visit and administer treatment to sick people in their homes. Service, the region's largest licensed home health agency. More than 1,000 physicians are affiliated with Strong Health, including the faculty of the University of Rochester School of Medicine and Dentistry. Together, Strong Health's acute care hospitals log over 52,000 patient discharges, 562,000 clinic visits and more than 111,000 emergency department visits each year. With a strategy of sustained, proactive cost containment cost containment, n the features of a dental benefits program or of the administration of the program designed to reduce or eliminate certain charges to the plan. coupled with growth in clinical programs, Strong Health has earned a reputation as one of New York's most fiscally sound health care networks. Phil Profeta, corporate director of purchasing for the University, said that "MedAssets was selected as a key business partner because of its ability to work with our needs and provide a customized supply chain program that is applicable to our entire institution and ultimately extends to all of our non-medical purchases. MedAssets' technology and flexibility enable them to support our locally established contracts as part of a customized supply contract catalog. This combination of national and University-developed agreements, combined with MedAssets' management tools to drive supply chain savings, delivers a customized fit and, of course, superior financial value." Profeta stated that MedAssets' track record in helping other health systems around the country control their supply costs while involving clinicians and researchers as part of the process was important to URMC and Strong Health. "MedAssets helps us manage all supply costs including high technology implants and other devices while achieving highest quality of care. Their approach in working with physicians to achieve this goal was extremely important to us. Their unique supply chain management technology tools support our team approach." Rand Ballard, president, MedAssets Supply Chain and Business Services Group said, "We are honored to be chosen by URMC and Strong Health as a strategic business partner. Our business philosophy is to take on accountability for supply chain costs so that healthcare providers can afford to provide the best healthcare possible for their patients." Jim Hersma, senior vice president of corporate accounts with MedAssets, said "The URMC/Strong team is extremely dedicated to delivering the best healthcare possible to their patients, and controlling costs. We are very excited to help them in achieving their goals." About the University of Rochester The University of Rochester is a private, national research university including programs in the arts, sciences, engineering, music, medicine, nursing, education and human development, and business administration. In addition to its Medical Center and Strong Health system, University components include the Memorial Art Gallery, Laboratory for Laser Energetics “LLE” redirects here. For other uses, see LLE (disambiguation). The Laboratory for Laser Energetics (LLE) is a scientific research facility which is part of the University of Rochester's south campus, located in Rochester, New York. , and Center for Optics Manufacturing. The University is a member of the American Association of Universities (AAU AAU abbr. Amateur Athletic Union ) and consistently ranks among the top 30 colleges and universities nationwide in federally financed science, engineering, medical, and other research. The University and Strong Health employ more than 16,000. About the University of Rochester Medical Center/Strong Health As the delivery network for the University of Rochester Medical Center, Strong Health patients benefit from robust teaching and biomedical research programs. The University of Rochester School of Medicine and Dentistry ranks among the top ten percent of medical schools for primary care, and is among the top 25% of medical schools in the nation, according to U.S. News & World Report U.S. News & World Report Weekly newsmagazine published in Washington, D.C. U.S. News was founded in 1933 by David Lawrence (1888–1973) to cover important domestic events; he founded World Report in 1945 to treat world news. The two magazines were merged in 1948. . University of Rochester Medical Center patient care services consistently rank among the nation's best in U.S. News & World Report magazine. In addition, Strong Memorial has earned the National Research Corporation's "Consumer Choice Award" all seven years since the award's inception. With over $120 million in NIH "Not invented here." See digispeak. NIH - The United States National Institutes of Health. research grants, the Medical Center also ranks in the top one-fifth of all medical centers in federally funded research. For more information about the University of Rochester Medical Center and Strong Health, visit www.urmc.rochester.edu or www.stronghealth.com. About MedAssets MedAssets, headquartered in Atlanta, Georgia, improves healthcare providers' margin and cash flow through revenue cycle and supply chain initiatives. As a strategic business partner, MedAssets can replace multiple vendors and decrease supply costs by 3-10 % and increase net patient revenue by 1-3 %. Proprietary information technology is used to work with and improve existing IT assets and work processes. MedAssets, through its revenue cycle subsidiary MedAssets Net Revenue Systems, provides best-of-breed revenue solutions including strategic pricing, pre-bill charge capturing, and ongoing chargemaster management tools. MedAssets, through its supply chain subsidiary, operates the fastest growing 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. and supply chain services company in the U.S. and builds customized solutions encompassing procurement of common medical supplies, pharmaceuticals, physician preference supplies, and capital equipment. MedAssets serves more than 22,000 healthcare providers nationwide through its revenue cycle and supply chain operations including Banner Health (Arizona), Bon Secours Health System (Maryland), Charleston Area Medical Center Charleston Area Medical Center (CAMC) is the name of a complex of hospitals in Charleston, West Virginia, formed via a merger of previously independent facilities. It is the state's largest hospital. (West Virginia), Christiana Care Health System (Delaware), Inova Health System Inova Health System is a non-profit health organization based in Northern Virginia, USA. Hospitals under Inova provide most of the healthcare needs for citizens in Northern Virginia. The flagship hospital, Inova Fairfax Hospital, has won acclaims as one of the best hospitals in the nation. (Virginia), Memorial Hermann Healthcare System (Texas), North Mississippi Health Services health services Managed care The benefits covered under a health contract , Rush System for Health (Illinois), St. Joseph Health System (California), Saint Barnabas Health Care System (New Jersey), The University of North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. Health Care System, University Hospitals Health System (Ohio), University of Pittsburgh Medical Center The University of Pittsburgh Medical Center (UPMC) is a leading American healthcare provider and institution for medical research. It consistently ranks in US News and World Report's "Honor Roll" of the approximately 15 best hospitals in America. (Pennsylvania), and many others. For more information about MedAssets go to www.medassets.com or contact Gary Johnson, vice president of Marketing and Marketing Services, 100 North Point Center East, Suite 200, Alpharetta, GA 30022. |
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