TPC enjoyed another successful year bolstered by an exciting new Member, new leadership, engaging Member events and success in meeting savings targets through implemented savings initiatives.
At TPC, our No. 1 objective is to drive large-system value for our Member hospitals while allowing them to remain independent. TPC was able to deliver this in 2019 and looks forward to new opportunities in 2020.
New Members and Leadership in 2019
In 2019, TPC welcomed Hill Country Memorial to the membership. Serving the community of Fredericksburg, Texas and surrounding areas, Hill County Memorial includes a hospital, wellness center, medical offices, immediate care clinics and other specialties. By joining TPC, Members like Hill Country Memorial collaborate improve the quality of patient care and overall performance while reducing costs.
In this past year, TPC underwent a change in leadership, as Roger Nolan began his tenure as president and CEO in September. Following an extensive search process, Mr. Nolan was approved by the board and brings to the company over 30 years of healthcare industry experience, including time as head of the MedAssets team that supported TPC during our previous partnership. Since beginning his new role, Mr. Nolan has focused on innovation and enhancing value for Members.
TPC’s board also changed leadership, as Chris Glenney, CEO of CHRISTUS Northeast Texas Region, completed his term as chairman. Moving into 2020, Phyllis Cowling, President and CEO of United Regional Health Care System, will serve as TPC board chairman. In addition, Shane Plymell, President and CEO of Shannon Medical Center, will serve as the board’s secretary.
Member Events Spark Ideas
In 2019, TPC hosted the Clinician/Trustee/CEO Conference in partnership with the Texas Care Alliance (TCA). This year’s theme was “Leaning into Disruption,” and the event featured experts sharing insights about the state of the healthcare industry that is experiencing dramatic shifts due to digital transformation, government policies and the consumerization of medicine. Over two days, attendees heard inspiring presentations and had the opportunity to network and share ideas with peers.
TPC also held the Value Analysis Team Summit, better known as the Fall Classic. Over 90 representatives from 11 Member organizations attended multiple working sessions and committee meetings that set the course for 2020 objectives and beyond.
2019 Financial Results
As part of our Member-focused business model, TPC strives to offer a significant financial impact to Members through savings and performance improvement initiatives.
In 2019, TPC, our Members and our partner Vizient were able to produce over $55 million in savings. Members completed several high-value initiatives, including:
Spine ($1.9 million)
IV Sets & Solutions ($1.9 million)
Food Distribution ($1.4 million)
Revenue Cycle Vendor Management ($5.5 million)
Capital ($5 million)
These savings are the product of strong leadership by TPC Members. Through their collaboration and teamwork, all TPC Members have benefited. TPC is proud to have accomplished so much for the healthcare ecosystem while achieving strong value for our Members.
Looking ahead, TPC is primed to continue our efforts to help shape the future of healthcare. 2020 looks to be another bright year of possibilities. TPC Members are stronger together!