CHICAGO, April 14, 2014 /PRNewswire/ -- The University of Kentucky Hospital in Lexington, Ky., announced today that it has joined the supply chain collaborative established by the University of Virginia Health System in Charlottesville, Va., and VCU Medical Center in Richmond, Va.
In 2007, the two Virginia hospitals combined their purchasing efforts and began working with UHC and its supply contracting company, Novation. The University of Kentucky Hospital will now also benefit from the power of combined purchasing volume, which will help all three hospitals reduce their costs.
University of Kentucky Hospital, University of Virginia Health System, and VCU Medical Center are all participants in UHC Supply Chain Intelligence®, through which they have access to an extensive portfolio of product and service contracts, integrated analytics, tools for improving utilization and standardization, and other supply chain services.
"We are pleased to help the members of this collaborative optimize their supply chain performance and cut costs, which is critical to succeed in the current health care environment," said Jake Groenewold, UHC's senior vice president, Supply Chain.
UHC is an alliance of the nation's leading nonprofit academic medical centers, which are focused on delivering world-class patient care. Formed in 1984 and based in Chicago, Ill., UHC fosters collaboration with and among its 120 academic medical center and 301 affiliated hospital members through its renowned solutions in the areas of performance improvement, comparative data and analytics, supply chain management, strategic research, and public policy. UHC helps its members achieve excellence in quality, safety, and cost-effectiveness. UHC's membership includes the leading nonprofit academic medical centers in the United States. For more information, visit uhc.edu.
About University of Kentucky Hospital
The 791-bed University of Kentucky Hospital is part of UK HealthCare in Lexington, Ky, along with more than 80 specialty clinics, 143 outreach programs, and a team of 9,000 care providers. UK HealthCare is the brand name for the University of Kentucky's health care system and represents the hospitals, clinics, outreach locations, and patient care services and activities of the university's six health professional colleges (Medicine, Nursing, Health Sciences, Public Health, Dentistry, and Pharmacy).