In addition to providing products and supplies, Medline will also provide reporting capabilities to help Valley Health System monitor costs, according to a company news release.
Over the three-year agreement, the partnership is expected to be valued at approximately $30 million in supply chain spend and deliver approximately $1 million in savings, according to the news release.
More Articles on Supply Chain:
10 Recent Supply Chain Vendor Agreements
The Supply Chain’s Role in Making or Breaking Hospitals’ Margins, Competitive Edge
5 Supply Chain Practices That Span All Industries
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.