Christus Health Renews Relationship with MedAssets
CHRISTUS Health Renews Relationship with MedAssets to Build upon $114 Million in Savings since 2009
Focus on clinical integration and operational efficiency to lower costs and improve quality outcomes
MedAssets has announced that Texas-based CHRISTUS Health, a Catholic, not-for-profit health system, has elected to renew its long-standing relationship with MedAssets to build upon its successful performance history driving down costs and optimizing supply chain processes while delivering high quality care. The new agreement builds upon more than $114 million in documented savings since 2009 — $52.6 million of which was achieved in fiscal years 2012 and 2013 — through MedAssets procurement solutions, outsourced supply chain services and clinically aligned process consulting.
"As our health system prepares for the impact of broad health reform initiatives, including new reimbursement models, we continue to implement innovative initiatives to better manage our total costs while improving quality of care," said Paul Generale, vice president and senior financial officer, CHRISTUS Health. "MedAssets has been an instrumental partner in helping improve our financial performance, operational efficiency and clinical processes. By leveraging MedAssets strategic sourcingservices, clinical consulting expertiseand procurementtechnologies, we have been able to exceed our financial improvement goals each year, and we are confident that we will continue to see significant value from the relationship."