Savings solutionYankee Alliance works with members to standardize product utilization, implement clinical best practices and drive costs out of supply chain. Yankee Alliance proactively worked with member Ellis Medicine to undertake an identified costs savings product conversion project on Disposable Lateral Transfer Devices (DLTD).
To get started, Yankee Alliance used the hospitals’ data to benchmark across other hospitals product spend to identify and compare Top Performers. Benchmark results showed Ellis was using four times as many DLTD (per adjusted discharges) compared to Top Performers. To address usage variation of DLTD products, Yankee Alliance collaborated with Ellis Medicine’s Safe Patient Handling Committee, developing a strategic plan to implement an efficient and cost effective product conversion with aligned utilization best practices which resulted a total savings of $150,000.
Key factors to savings include:
- Analyzed product usage and benchmarked cost comparison
- Uncovered high percentage of DLTD usage and cost on Air Mats
- Trialed Air Mat alternatives, provided resources and training to staff
- Converted to Premier agreement with S2S, contract# PP-MM-611
- Achieved savings of $150k with support from Ellis Medicine’s Supply Chain, Education, Clinical Executive Leadership, Infection Control teams and key stakeholders.
About Yankee Alliance
Yankee Alliance is a member-driven healthcare group purchasing organization founded in 1984 on a belief in collaboration, that working together can achieve more than working alone. Our mission is twofold: to work with members to reduce supply and operating expenses through aggregation of data, purchasing, ideas and knowledge and to excel in strategic innovations that continually assist members in reducing their cost while recognizing their individual needs. Today, Yankee Alliance remains true to the foundational belief in collaboration and has grown to over 18,000 members in all classes of trades across all 50 states. For more information visit WWW.YANKEEALLIANCE.COM .
For more information please contact; Amy Campbell, Chief Administrative Officer, Yankee Alliance, (978) 470-2000 or at ACAMPBELL@YANKEEALLIANCE.COM .