Improved VHA LYNX Suite Includes New Applications for Supply Chain Managers
VHA Expands Availability of Enhanced VHA LYNX Suite to All Hospitals Nationwide
IRVING, Texas, June 19, 2014 /PRNewswire/ -- VHA Inc., the national health care network, announced enhancements and new applications to VHA LYNX, its suite of supply chain management tools. The VHA LYNX suite is designed to help hospital supply chain leaders reduce costs, and improve operational efficiencies and overall financial performance. VHA LYNX is available to all hospitals and health systems nationwide regardless of their GPO affiliation.
"In every hospital, the supply chain is a point of intersection in the delivery of value and quality outcomes to patients. For supply chain executives, access to accurate data and analytics, as well as expert advisors who can translate information into actions will reduce costs while improving outcomes," said Ernest "Chip" Bunata, VHA vice president advisory services and supply chain analytics. "VHA LYNX is a proven performer for hospital supply chain executives, and is built on one of the industry's most comprehensive supply databases, representing more than seven million items, 2,200 facilities and $80 billion in supply spend from all GPOs."
| VHA LYNX Suite of Products |
Updates |
| VHA DataLYNX |
A new, comprehensive item master data management suite to cleanse and enrich product information, audit data quality and clarify supply chain performance |
| VHA PriceLYNX and VHA PharmaLYNX |
Enhancements enable more efficient management of supply categories and more effective negotiations with suppliers |
| VHA ValueLYNX |
Significantly enhanced for improved visibility into system-wide value analysis efforts, automated savings tracking and expert advisory services to keep the value analysis pipeline full |
| Local Sourcing Solutions |
New applications bring more spend under active management and speed access to financial value |
"VHA LYNX users now have an even more powerful product suite that delivers actionable business intelligence across a number of supply chain functions. We are very excited to bring the new and improved functionality to our members and to all hospitals across the country," added Bunata.
About VHA Inc.
VHA Inc. is a national network of not-for-profit health care organizations working together to improve performance and efficiency in clinical, financial and operational management. Since 1977, when VHA established the first hospital membership organization, the company has applied its knowledge in analytics, contracting, consulting and network development to help members and customers achieve their strategic objectives. In 2013, VHA delivered $2.2 billion in savings and additional value to members. Serving approximately 5,000 health system members and affiliates, VHA represents more than a quarter of the nation's hospitals. VHA also serves more than 118,000 non-acute health care customers enterprise-wide. VHA is based in Irving, Texas, and has 12 regional offices across the U.S. VHA, together with UHC, owns Novation, a supply chain company, and aptitude™, the health care industry's first online direct contracting market. VHA also owns Provista, a supply chain company serving the non-acute market as well as hospitality, education and corporate markets. For more information, visit www.vha.com and follow us on Twitter (@VHAInc).
SOURCE VHA Inc.
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