Yankee Alliance Overview For MPS November 2017 Proprietary
Yankee Alliance Overview For MPS November 2017 Proprietary Confidential. All rights reserved. Copyright 2014 1 Mission Statement To work with members to reduce supply and operating expenses through aggregation of data, purchasing, ideas, and knowledge We exist to save you money Proprietary Confidential. All rights reserved. Copyright 2014 2
Documented Savings Proprietary Confidential. All rights reserved. Copyright 2014 3 Relationships Proprietary Confidential. All rights reserved. Copyright 2014 4 Yankee Alliance History Founded in 1984 $3 billion in contract purchases Owner of Premier Power of group purchasing Increased savings through aggregation and
custom contracting Deeper savings through analytics Expertise our members need Best in class service model 9,400+ members Proprietary Confidential. All rights reserved. Copyright 2014 5 Membership Class of Trade Alternate Markets Ambulatory Care Colleges and Universities Dentistry DME First Responders Freestanding Lab Healthcare Business - Other
Home Care Hospital Imaging Centers Long Term Care Facilities Pharmacy Physicians Schools Surgery Centers Grand Total Proprietary Confidential. All rights reserved. Copyright 2014 FY14 97 637 88 1 47 20 50 429 2,610
133 107 2,071 36 2,901 38 175 9,440 6 Group Purchasing Organization (GPO) What is a GPO? An organization created to leverage the purchasing power of its members to obtain discounts from suppliers based on the collective buying power of the GPO members. Objective of a GPO Provide cost savings to your organization on
the products and services you currently purchase everyday For instance, a single-facility without a GPO contract might pay $7.00 for a box of gloves A single-facility with a GPO contract might pay $4.00 for the same box of gloves Proprietary Confidential. All rights reserved. Copyright 2014 . 7 Comprehensive Portfolio
Medical/Surgical Supplies Pharmaceutical Supplies Food Service Capital Equipment Imaging Lab Office Supplies Copiers/Fax/Dictation PC Hardware/Software HR Staffing Employee Screening Proprietary Confidential. All rights reserved. Copyright 2014
Linen Housekeeping Products Paper Products Business Forms Telecommunications/ Wireless Services Yellow Page Ad Consulting Uniforms Facility products FedEx 8
Goods & Services Purchased Everyday Yankee offers choice in the market place with over 2,000 Premier & Yankee Alliance contracts. In most cases you will not need to change products or distributors. Your dedicated member services representative will work with you and your distributor to ensure connection to the contract portfolio so you can take advantage of savings Yankee Alliance will perform a cost analysis to prove the value Samples of contracted medical product suppliers are: Covidien 3M BD Smiths Medical Hollister Midmark Proprietary Confidential. All rights reserved. Copyright 2014 Kimberly
Clark Welch Allyn Coloplast 9 Johnson & Johnson Ethicon Smith & Nephew Stericycle DeRoyal Dukal Not Just Medical Supplies!
Office Supplies Office Max, Office Depot, Staples (WB Mason) Cellular Service Verizon, AT&T IT Hardware & Software PC Connection, CDW, Zones Laboratory Equipment & Supplies Siemens, Arkray, Sysmex, Abbott, Diagnostica Stago, Instrumentation Labs. Purchased Services Medical waste disposal, elevator maintenance Proprietary Confidential. All rights reserved. Copyright 2014 10 Examples of Savings
Medical Supplies 19% savings for Highland Primary Care Products currently purchasing that are covered by a Yankee agreement Waste Stericycle contract can offer 10% savings Office Supplies Analysis for Highland Primary showed a 19% savings Analysis for Newburyport GI showed 11% savings Proprietary Confidential. All rights reserved. Copyright 2014 11 Other Contracting Services Custom Contracting Commitment by Choice Review contracts and member data to determine which contracts offer the greatest savings potential Review RFP and capital equipment terms and
conditions and pricing quotes Support member conversion efforts Proprietary Confidential. All rights reserved. Copyright 2014 12 Member Support - Innovative Analytics Proprietary analytic tools identify cost savings and provide actionable information so you can make informed decisions to reduce expenses and maintain quality Market-basket analysis Ensures the products you purchase on a daily basis are linked to the contract portfolio Typical savings of 15-20% for physicians/ambulatory practices Product standardization Achieve cost savings and create efficient practice through product standardization Clinically reviewed to assure Apples to apples product comparisons Price benchmarking Uncover savings for capital items and items which may not be covered under a contract Contract volume reports Monitor your rate of contract utilization and your use of low cost suppliers
Insight to expiring and replacement contracts Contract opportunity reports Benchmarking data to compare your facilitys spend to similar organizations Provide insight to untapped savings opportunities Proprietary Confidential. All rights reserved. Copyright 2014 13 Daily Member Support Dedicated member services representative will work to ensure contract connectivity so your staff can focus on patient care Provide savings opportunities Volume & opportunity reports to highlight areas of spend (or lack of spend) Liaison to suppliers / troubleshoot pricing issues Live support via the phone or on-line Facilitate cost savings analysis Ensure connection to monthly newsletters and other announcements Price activation specialist to ensure that correct contract pricing is granted by suppliers and properly loaded with your distributor
Price activate contracts on your behalf Relationships with the major med/surge distributors Central points of contact to ensure pricing is loaded Proprietary Confidential. All rights reserved. Copyright 2014 14 Member Support - Subject Matter Experts Experienced professionals who understand the complexities of todays healthcare environment Provide consultative support to help reduce expenses and increase quality in the following areas Pharmacy Licensed pharmacists, contracting staff, analysts Comprehensive pharmacy portfolio Analytics to show savings to contracted spend Purchased services
Contracts for waste management, elevator maintenance, Facilities & construction Yankee & Premier staff to guide you through the portfolio of services Architectural & design Construction services Building materials Flooring Furniture Many more! Proprietary Confidential. All rights reserved. Copyright 2014 15
Employee Purchase Program Extend benefits to your employees without incurring any costs for the organization Proprietary Confidential. All rights reserved. Copyright 2014 16 Member Benefits Comprehensive program to reduce expenses Access to contracts negotiated based on the purchasing power of over $43 billion Customer support to identify savings opportunities Support to help you implement savings Support to ensure contract connection Membership in a national GPO: Premier Yankee Alliance portfolio & programs to supplement the Premier portfolio Educational programs & services
Employee purchase program Proprietary Confidential. All rights reserved. Copyright 2014 17 Get Started Now! Please contact customer service at [email protected] or call 1-800-401-2828 to get started. When calling, state your Practice name/entity code and that you are a MPS member You will be redirected to Katie or Matt that will work exclusively with our members Please contact Tammy at MPS for any further questions at [email protected] Proprietary Confidential. All rights reserved. Copyright 2014 18
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