ASP Global’s continuing industry leadership has manifested itself in a stellar year for our global sourcing programs for leading U.S. hospitals and IDNs. What made it possible? That’s easy, our forward-looking partners and our dedicated staff. Here are just a few highlights from 2016 at ASP Global.
Acquisition of InHome Medical Services
In January, ASP Global announced the acquisition of Jacksonville, FL based InHome Medical Solutions, a leading wholesale medical products distribution company serving home health and hospice providers.
“More home care and hospice providers can now access a wider array of high quality, lower cost medical products quickly delivered directly to the point-of-care through the combined forces of ASP Global and InHome Medical. This new relationship expands our collective capability of positively impacting quality of care across the continuum.” – Todd LaVelle, President, InHome Medical Services
The Global Sourcing Guidebook for Self-Distributing Hospitals and IDNs
Earlier this year, because of the incredible demand from self-distributed IDN’s on how they can leverage global sourcing, we created the Global Sourcing Guidebook, a six part series that appeared in Becker’s Hospital Review earlier this year.
The capabilities of global sourcing to improve the quality and clinical utility of common, commoditized hospital products while simultaneously reducing costs and improving the patient experience is a value-based must for self-distributing hospitals and IDNs.
Download this high-value, action-based series here.
Our partners’ stories validate the Global Sourcing explosion occurring within IDN’s
Banner Health, Northside Hospital (Atlanta) and Westchester Medical Center Health Network all shared with us the reasons they partner with ASP Global to improve the quality and reduce the cost of their common, commoditized hospital products with across the board benefits including improvements in patient experience.
“I need partners for items I’m acquiring in high volume that must consistently be very high quality, with full cost transparency. Ultimately my goal is to get the product the clinicians want and get it to them efficiently. I need a partner that can globally source products in a way that doesn’t change my quality and or improves our quality. That is where ASP Global excels.” – Jim Connor, VP of Supply Chain with Westchester Medical
“It’s the little things that make big differences in the lives of the patient. So while there are many commercially available products we could have had relative to our patient comfort kits, we wanted it to be part of a personal experience which is why we chose to work with ASP Global.” – Kathy James, Clinical Supply Chain Manager, Northside Hospital
“We were confident improving the proximity to manufacturers and decreasing the links in the supply chain would result in meaningful cost savings with no negative side effects, and in some cases improvements in product quality and utility.” – Mike Halmrast, Senior Director of Contracting, Banner Health
Our 8th year on the INC 500|5000 list
“The 2016 Inc. 5000 are the superheroes of the U.S. economy. America’s fastest-growing private companies wield powers like strategy, service, and innovation.” With 104% growth over the three-year average for this year’s ranking, this accomplishment is directly attributable to the continued efforts of the dedicated professionals that make the success of ASP Global possible.
When ASP Global partners with healthcare systems to provide global sourcing strategies and implementation, long-standing relationships with over 150
manufacturers are leveraged to deliver products at factory direct pricing – saving clients over 30 percent or more on consumable medical products. Improving quality and clinical utility while reducing costs in the supply chain by eliminating unnecessary layers in the process enables ASP Global to deliver value-based global sourcing and supply chain solutions to hundreds of large hospitals, IDNs, home health providers and more.
Once again, thank you to all of our team members and partner organizations for an outstanding 2016. We couldn’t have done it without you.
Lorne Tritt, CEO, ASP Global