MedAssets recently announced that Jackson Health System (Jackson), a not-for-profit academic medical system serving residents of Miami-Dade County, renewed its supply chain relationship with the company to achieve greater cost reduction across the organization. Plans call for Jackson to continue use of MedAssets Spend and Pharmacy Analytics, which help health systems monitor and control pharmacy and med/surg supply costs and improve contract negotiations through advanced analytics. The system also will continue to gain access to industry-leading pricing on supplies with the company's national group purchasing organization.
The renewal builds upon savings of more than $42 million since 2010 by leveraging MedAssets supply chain solutions as well as its recently completed enterprise consulting engagement, which focused on utilizing data-driven insights, evidence-based technologies and consulting expertise for sustainable margin improvement.
Jackson also utilizes MedAssets Recovery & Collections, Patient Access, Claims & Billing, Charge Pricing & Compliance and Contract & Episode Management solutions to align reimbursement strategies, optimize financial performance and achieve coding compliance and best practice charging information.