HealthTrust, a leading performance improvement company for healthcare, and Community Hospital Corporation (CHC), an owner and manager of community hospitals throughout the U.S., announced today the completion of a long-term partnership agreement to strengthen the operating performance of community-based hospitals.
Based in Plano, Texas, CHC is a nonprofit organization that owns, manages, consults with and/or advises more than 100 acute care and post-acute hospitals and healthcare facilities. The contract renewal with HealthTrust preserves the support structure and resources these community hospitals and non-acute providers have come to depend on to manage the escalating costs of healthcare delivery.
“For ten years, we have had the privilege of onboarding community hospitals to the HealthTrust portfolio,” said Jim Kendrick, president and CEO of Community Hospital Corporation. “In each instance, our members have benefitted from immediate cost savings. We are pleased to preserve that value and to leverage HealthTrust’s unique operator perspective in serving these vital community assets.”
“We are grateful that our relationship ensures optimal value and guidance for our members,” commented Jon Pruitt, senior vice president of CHC Supply Trust, the supply chain services arm of CHC and CHC Consulting. “Together, we help hospitals of all sizes achieve value, especially considering supply costs are the second-highest expense for hospitals.”
Ed Jones, HealthTrust president and CEO stated, “As a trusted channel partner, CHC fulfills an important mission serving the needs of community providers. We are very proud to extend our relationship and continue a collaboration that delivers true operating performance value.”
About HealthTrust
HealthTrust (Healthtrust Purchasing Group, L.P.) is committed to strengthening provider performance and clinical excellence through an aligned membership model and the delivery of total spend management advisory solutions that leverage our operator experience, scale and innovation. Headquartered in Nashville, Tennessee, HealthTrust (www.healthtrustpg.com) serves over 1,600 hospitals and health systems, and more than 43,000 other member locations including ambulatory surgery centers, physician practices, long-term care and alternate care sites.
About Community Hospital Corporation
Community Hospital Corporation owns, manages and consults with hospitals through three distinct organizations – CHC Hospitals, CHC Consulting and CHC ContinueCARE, which share a common purpose to guide, support and enhance the mission of community hospitals and healthcare providers. Based in Plano, Texas, CHC provides the resources and experience community hospitals need to improve quality outcomes, patient satisfaction and financial performance. For more information, visit www.communityhospitalcorp.com and www.continuecare.org.
Original Release: https://healthtrustpg.com/news-events/
View source version on businesswire.com: https://www.businesswire.com/news/home/20200220005186/en/
Contacts
Richard Jonardi
615.344.3219
[email protected]
