Becker's Hospital Review

May-2024-issue-of-beckers-hospital-review

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43 EXECUTIVE BRIEFING EXECUTIVE BRIEFING 2 HealthTrust Performance Group delivers value across acute + non-acute sites of care Healthcare organizations of all kinds recognize that GPO and contracting services alone aren't enough to manage costs effectively. In response, HealthTrust has built total cost management capabilities around its core GPO, focusing on areas like capital, facilities, engineering, purchasing, services, workforce efficiencies and clinical and operational improvement. "Our members expect us to have a differentiated market value and to simplify everything as much as possible," Dr. Young said. "That means simple models, guidance, toolkits and strategies to promote operational efficiencies. They want transparency in the supply chain, analytics and the business, as well as supply chain resiliency and business continuity plans." HealthTrust offers the same robust contracting and clinical strategy services to acute care members and to non-acute physician practices and ASCs. For non-acute members, HealthTrust's AdvantageTrust group provides simple contracts and standard pricing across all classes of trade and sites of care. "Seeing the market through both the acute and non-acute lenses gives us a broad view of what's happening in the market and how care delivery is changing," Dr. Young said. "It also helps us identify where to focus our efforts to provide the best service to our members." HealthTrust Performance Group is committed to helping all members understand policy, payment and regulatory factors, as well as market dynamics. Based on this knowledge, organizations can conduct scenario planning and identify the best ways to deal with today's evolving business environment. "At the end of the day, organizations need strong physician leadership and strong physician partners to combat the shifts that are occurring," Dr. Young said.

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