In 2018, TPC continued to drive industry-leading results by delivering more than $50 million in total tangible value back to its Members.  Through the TPC platform, Members collaborated in targeted areas to achieve exponentially more together than they could alone within supply chain, purchased services and revenue cycle.  And by utilizing the processes and programs that have been proven to lower costs, Members not only improved their bottom lines, but also the patient care they deliver to their communities.

TPC has built a network of among its Members. While each hospital remains an independent entity, they are connected to a “system” that allows them to partner and collaborate with other stand-alone hospitals in an effort to aggregate volume, drive down costs, and increase value.

Maintaining financial stability is critical for healthcare organizations. The key to protecting bottom lines is ensuring the relationships with the hospital’s group purchasing organizations (GPOs) are both healthy and beneficial. While the purpose of the GPO is securing the best possible product value for hospital members, there is often room for improvement. With an average of 72% of hospital purchases being made via GPO contracts, there is a tremendous opportunity for significant cost savings by taking a closer look at these relationships.

TPC provides a powerful framework for collaboration between standalone community hospitals through supply chain, purchased services, and revenue cycle programs. With over 20 years of experience in strategic aggregation, TPC knows how to work with Members to optimize value and reduce costs.