TPC Offers Members Proven Techniques for Reigning in Supply Chain and Purchased Services Costs

For more than three decades TPC has provided Sourcing services for Members. Through a collaborative approach, TPC and Members identify, evaluate, and contract on initiatives and develop programs that maximize the financial, operational and clinical value that Members receive from their supplier relationships in the areas of Supply Chain and Purchased Services. 

Supply Chain

TPC Supply Chain services enable hospitals to aggregate their volume to wield increased purchasing power. TPC collaborates with various Member stakeholders to create a better understanding of the market landscape and drive better decision making. Together, we level-set available opportunities across multiple manufacturers in complex categories and drive strategies that optimize value. TPC works with supply chain leaders, Clinical Value Analysis Teams (CVATs) and Physician Sub-Committees (PSCs) comprised of clinical leaders from each Member facility. These groups offer functionally equivalent, cost-effective solutions to promote a culture of clinical excellence and financial stewardship for all TPC Members. Functional equivalence is determined by objective review of the product using specific, predetermined criteria, and not based on clinical or operational preference. The members of CVATs and PSCs are of vital importance as they serve as clinical advisors and initiative champions and provide clinical input into product decisions.

By drawing upon the combined expertise of Members, TPC gives physicians, nurses, pharmacists and other clinical specialists a method to evaluate products and assess their financial value, as well as their impact on the quality of care. We have found a niche in custom contracting for high-value, complex PPI categories, such as spine and cardiology. By initiating conversations with physicians early in the process, we can more effectively evaluate and analyze differences across products and vendors, engage in the most favorable partnerships and develop the most successful programs.

Purchased Services

For a hospital that has never ventured deep into understanding Purchased Services, it can seem like an overwhelming task. Where do you start? What data should you use? How do you know a good contract from a bad contract? In order to achieve industry-leading results in Purchased Services, it is essential for a hospital to have an experienced partner – a partner like TPC.

TPC has built a distinct regional model based on collective participation and high commitment that has proven itself successful in the area of Purchased Services. Backed by more than 25 years of Purchased Services contracting experience, TPC has demonstrated industry-leading results year after year. Through strong participation in our programs, TPC Members have achieved more than 14 percent average savings in key service categories including energy, foodservice, environmental services, maintenance, lab services, and freight and logistics.

Through our dedicated resources and focus, TPC works directly with our Members to fully engage a complete Purchased Services strategy. Together, we aggregate Member volume and enter the market as a single, committed contracting entity. We work with Members to maximize the value they receive from supplier relationships, and continue to manage contracts throughout their lifecycle. We support our Members across conversion, implementation, and utilization so they are able to achieve the greatest value they can from TPC programs.

TPC and You

So, what could partnering with TPC on Sourcing look like for you?

We know it’s all about the return on your effort. With a dedicated and strategic focus, hospitals have the opportunity to realize a significant increase in the value they receive from their Sourcing contracts, including:

By achieving these results as part of an overall cost-reduction strategy, hospitals relieve some of the pressure of the unpredictable healthcare marketplace, giving them the ability to direct their attention toward their ultimate mission – caring for their patients.
 
You don’t have to do it on your own. By partnering with TPC you have access to resources and expertise that can greatly improve your success.

Stronger Together. Superior Results.