HaysMed Joins Network to Improve Supply Chain Efficiencies and Reduce Costs
Hays, Kansas (March 12, 2018) HaysMed, part of The University of Kansas Health System today announced they have joined Captis, a collaborative network of hospitals and health systems focused on improving clinical outcomes and reducing the costs of healthcare products and services through the aggregation of buying power and collective decision making.
Captis, a Vizient, Inc. Member Business Venture, includes more than 70 health care organizations across the nation with $9.6 billion in supply chain purchasing power. Members collaborate to increase efficiencies and reduce expenses by aggregating spend and establishing contracting strategies that meet the unique needs of their members. Since it was established in 2008, Captis has provided over $500 million in savings to its members.
“As value-based care models continue to evolve, we need to be proactive in reducing costs and improving clinical outcomes” said George Harms, Chief Financial Officer at HaysMed “By joining Captis, we are helping to reduce costs and improve the delivery of care to our patients and the communities we serve.”
“We are excited to welcome HaysMed to Captis. The continued growth and collaboration between member hospitals helps reduce supply chain costs and drive operational efficiencies beyond what they could achieve on their own” said Brenda Peterson, RN and Vice President of Captis. “Equally important, they continuously participate in shared problem solving and in the development of innovative approaches that help assure the best clinical outcomes for patients.”
