Vista Orthopedics reports nearly a $350,000 savings for its hospital in 2010
REDLANDS, Calif.--(BUSINESS WIRE)-- Alliance Surgical Distributors reports that Vista Orthopedics reduced implant costs last year by $347,836 for its local hospital Gerald Champion Regional Medical Center in Alamogordo, New Mexico with The Alliance Model™ of surgeon owned implant distribution. The cost data was gathered from a year-end report required by Alliance™ for compliance auditing.
Jim Heckert, CEO, Gerald Champion Regional Medical Center, stated, "We have been working with Vista for a little over two years and believe that this business model has been effective in reducing our implant costs. I see this model as a good approach to introduce greater competition in the implant business that will serve to help control implant costs.” Jim Wagner, Director of Material Management, Gerald Champion Regional Medical Center, added, “Pricing has been as advertised….with today’s financial concerns this product helps us meet our bottom line.”
Dr. Douglas Dodson, founder of Vista Orthopedics, was able to save $2,283 per total implant and $2,650 per total hip implant, a seemingly small savings that proved to mount to a significant savings for the hospital. Dr. Dodson noted, “In the era of healthcare reform we are asked as healthcare professionals to make responsible decisions and to better align with our hospitals. Surgeon owned implant distribution with The Alliance Model™ allows us to do so while making fiscally responsible choices that never compromise quality.”
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With the Alliance Model™ of surgeon owned implant distribution, Alliance Surgical Distributors is dedicated to the development and success of surgeon owned and managed medical device distribution bringing value to patients, hospitals and surgeons. Alliance Surgical is a pioneer in surgeon owned distribution with a proven track record. It manages every step of the project from creating a legal structure to product acquisition, contracting, and employee training. Alliance™ provides a cost-efficient distribution entity that operates seamlessly with hospitals and medical group practices. Contact us at 909-798-4534 or at www.alliancesurg.com.
KEYWORDS: United States North America California New Mexico
INDUSTRY KEYWORDS: Surgery Practice Management Health Hospitals Medical Devices Medical Supplies