Regarding the new partnership, Tim Bugg, President & CEO of Capstone Health Alliance, says “We are excited to have the CHAMPS organization on board with Capstone. This partnership allows for Capstone and CHAMPS to explore new waters in both continuum of care and acute care aggregation to effectively drive down cost across the entire healthcare market. We look forward to our future together.”
“We are enthusiastic about our newly formed partnership with Capstone Health Alliance,” said Laura Gronowski, senior vice president of CHAMPS Healthcare. “We look forward to a strong partnership that benefits our 5,000+ members nationally. This new aggregation agreement will lower our members’ pricing – streamlining their supply-chain expenses and ultimately enhancing their bottom line.”
Together the two organizations, both Premier owners, account for over $2.5 billion of Premier’s $40 billion in purchasing volume and represent more than 5,000 Premier members and owners, both acute and non-acute, nationwide.
Capstone and CHAMPS will work together to ensure a smooth transition for both members and vendor partners.
About Capstone Health Alliance
Established in 2013, Capstone Health Alliance is a regional purchasing organization affiliated with WNC Health Network. WNC Health Network, a 501(c)3 corporation, was created in 1995 by a group of dedicated hospital leaders to identify ways to collaborate and reduce cost among the region’s hospitals. Initially, members included 16hospitals in western North Carolina. Membership has grown over the years to the present size of 45 health systems representing 95 hospitals in eight states. Capstone’s contracting strategy allows hospitals of various sizes and locations to substantially improve their cost savings opportunities through the power of aggregation. Capstone delivers quantifiable savings and provides actionable data that enables better supply chain decisions. In addition to cost savings initiatives, Capstone members collaborate to share best practices and pursue utilization initiatives, all with the intent of improving cost, quality and outcomes in patient care.
About CHAMPS Group Purchasing
CHAMPS Group Purchasing leverages the purchasing power of 5,000+ members across the United States allowing them access to significant savings in product categories, including medical supplies, foodservice, wireless, office supplies and facility maintenance. As an owner of Premier, one of the largest buying groups in the country, CHAMPS sponsors its members allowing them access to more than $40 billion in purchasing volume, 2,000+ agreements, GPO contract management and unparalleled customer service. It’s simple to start realizing significant savings – with zero fees and no cost to join – the sign-up process is seamless. For more, visit www.champsgpo.com.