LogicSource, procurement services and technology leader, is pleased to announce its partnership with University of Vermont (UVM) Health Network. As partners, LogicSource will help the nonprofit academic health system streamline non-clinical procurement initiatives and optimize technology processes and workflows to reduce costs.
This multi-year partnership with LogicSource aligns with UVM Health Network’s focus on responsible fiscal stewardship to control health care costs. LogicSource brings cross-industry data and benchmarks to the partnership alongside access to its Center of Excellence, which consists of experts across thousands of non-clinical spend categories, such as IT, facilities, and construction.
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“As an organization deeply rooted in the communities we serve, we are taking steps to reduce non-clinical spending in areas within our control at a time where many people are feeling the pressure of increasing health care costs,” said Ken Jensen, vice president of supply chain for UVM Health Network. “We believe in the power and impact of innovation, and we’re hopeful this partnership will help us to serve our patients better.”
As a private nonprofit, UVM Health Network has the potential to lower health care costs and reinvest non-clinical savings from the strategic focus on initiatives that strengthen the health system’s commitment to provide accessible, high-quality care to the approximately one million patients it serves in Vermont and northern New York.
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“It is very important for us to stand with the UVM Health Network team to help realize their financial and operational goals,” said Mark Van Sumeren, Chair of Healthcare and Life Sciences at LogicSource. “I am encouraged that UVM Health Network can continue to be a beacon to other health systems nationwide about what is possible from strategic non-clinical procurement.”
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Source – prnewswire
