BRENTWOOD, Tennessee—June 15, 2015—Today, Barnabas Health and HealthTrust℠ announce a new, five-year relationship that will commence on Sept. 1, 2015. HealthTrust was selected for its total cost management solutions, including immediate contract value, custom sourcing expertise and progressive supply chain management services.
Under the terms of the new agreement, HealthTrust will partner with Barnabas Health to sponsor innovation, drive best operating and clinical practices, and accelerate cost savings across the seven acute care hospital integrated healthcare delivery system.
“Barnabas Health, the largest healthcare system in New Jersey, is committed to providing the highest level of care delivered cost effectively,” states John Doll, senior vice president of Finance at Barnabas Health. “As providers across the nation continue to redefine our healthcare delivery system, we must find more creative ways to achieve our goals. We are excited that our new relationship with HealthTrust will do just that. The strength of Barnabas Health combined with the vast resources and nationwide experience of HealthTrust will have an immediate and profound impact on our ability to provide effective and cost-efficient care to the communities we serve.”
“This is a transformative GPO partnership that affirms the importance of our operator experience and clinical best practices as much as the value of our committed portfolio,” says Ed Jones, CEO of HealthTrust. “We are excited to partner in a way that accelerates speed to value and supports Barnabas Health’s progressive supply chain ambitions.”
“This partnership is one example of growing market interest in our non-traditional GPO services,” says HealthTrust Atlantic Region CEO Ron Powell. “I am confident in our ability to contribute to the redefinition of supply chain excellence and incredibly proud to have an opportunity to innovate with a flagship market leader. “
About HealthTrust
HealthTrust (legally known as Healthtrust Purchasing Group, L.P.) is committed to strengthening provider performance and clinical excellence through an aligned membership model and the delivery of total cost management solutions, including supply chain solutions and a contract and service portfolio unparalleled in quality, scope and value. HealthTrust serves 1,350 acute care facilities and members in more than 15,000 other locations, including ambulatory surgery centers, physician practices, long-term care and alternate care sites. Headquartered in Brentwood, Tennessee, HealthTrust is closely integrated with the proven capabilities of Parallon Business Solutions, LLC, a leading provider of healthcare business and operational services, including revenue cycle management, workforce and technology solutions. On Twitter @healthtrustpg and @parallonconnect.
About Barnabas Health
Barnabas Health is the largest not-for-profit integrated healthcare delivery system in New Jersey and one of the largest in the region, with more than two million patient visits and delivery of more than 20,000 babies annually. The system includes seven acute care hospitals, two children’s hospitals, a trauma center, a freestanding behavioral health center, ambulatory care centers, geriatric centers, the state’s largest behavioral health network, comprehensive home care and hospice programs, retail pharmacy services, a medical group, multi-site imaging centers and several accountable care organizations. As the second-largest private employer in New Jersey, Barnabas Health includes more than 20,000 employees and over 5,000 physicians – or one-fifth of the actively practicing physicians in New Jersey. For more information, visit www.BarnabasHealth.org.
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Media Contact:
Deborah Borfitz, manager of Communications & Education
HealthTrust
o: 615.344.3331
e: deborah.borfitz@healthtrustpg.com
Ellen L. Greene, vice president of Press Relations
Barnabas Health
o: 973.322.4018
e: egreene@barnabashealth.org
