Columbus, OH, April 3, 2024—In response to all-time highs in health system expansions and mergers and acquisitions, VPL has introduced the Synergy Program to support its partners through these critical transitions by assessing potential cost savings and operational efficiency opportunities within their inbound freight management, outbound shipping, and pharmacy operations.
A recent Kaufman Hall analysis reported a noteworthy 65 M&A transactions for health systems in 2023, up from 53 in 2022. The report indicates financial distress as a key driver of M&As.
Expansions, particularly through mergers and acquisitions, present both challenges and opportunities for health systems. VPL’s Synergy Program is designed to guide its partners through the complexities of vendor evaluation during these phases.
CEO and Co-Founder of VPL, Eric McGlade, spoke to the current complexities in the industry, which he stated are often compounded by M&As.
“The care delivery model is evolving, and for supply chain, that means it’s more complicated than ever to ensure that providers and patients have what they need, when they need it, while also containing costs,” he said. “Expansion exacerbates challenges around visibility, risk mitigation, and cost control.”
Under the Synergy Program, VPL offers its partners an unbiased cost savings analysis across their inbound freight management, outbound shipping, and pharmacy shipping programs. Typical findings reveal potential savings exceeding 20%, which can be translated into a savings guarantee for partnering systems.
In addition to assured savings, VPL pledges fast time-to-value and continuous innovation through cutting-edge technology. This innovative approach enhances visibility, mitigates risks, and optimizes performance across all business entities and locations.
“Our commitment to innovation and cost efficiency ensures that health systems can focus on their core mission of providing quality care while we handle the complexities of freight management and shipping operations,” said McGlade.
To learn more about VPL’s Synergy Program and initiate the journey towards enhanced cost savings and operational efficiency, visit go.getvpl.com/synergy-program.
About VPL
We modernize clinical supply chains to support healthier patients. Our technology-driven solutions and consultative customer experience empower health systems and outpatient pharmacies to build smarter, more resilient supply chains. With over 700 hospitals and a 97% customer retention rate, we’re trusted to deliver transparency, cost savings, and peace of mind.
