Banner Health Adopts Curvo Clinical Spend Management Solutions
June 6, 2023 - Evansville, IN – Phoenix, Arizona-based Banner Health has adopted Curvo clinical spend management solutions to identify savings opportunities, improve contract visibility and tracking, and deliver quick insights and presentations.
Banner Health recently signed a multi-year deal that includes Curvo Data Enrichment and Curvo Analytics Suite solutions via the Curvo Platform.
“It’s exciting to watch Banner Health drive strategic change in the clinical supply chain,” said Curvo CEO and Co-Founder Andy Perry. “Data and technology are rapidly transforming this important function for the betterment of the overall healthcare organization.”
Banner Health Goals: Data-Driven Performance and Clinical Spend Reduction
The implementation is already underway, as Banner Health feeds PO history data to Curvo for enrichment in order to be completely live at launch.
The award-winning Banner Health Supply Chain team envisions using benchmarking data and actionable analytics for decision making, bid and contract support, and digital supplier engagement.
Clinical spend reductions are expected as a result of:
- Repricing existing vendors
- Standardization/moving market share
- Preventing price creep
- Price alignment across all facilities
“We anticipate process improvements and cost avoidances through improved productivity, RFP and operational efficiencies. Overall, we will reduce errors and save staff hours,” said Mike Halmrast, Executive Director of Supply Chain Contracts at Banner Health. “Curvo is always responsive, and implementation is moving along quickly and smoothly.”
About Banner Health
Banner Health is one of the largest, secular nonprofit health care systems in the country. In addition to 30 acute-care hospitals, Banner also operates an academic medicine division, Banner – University Medicine, and Banner MD Anderson Cancer Center, a partnership with one of the world’s leading cancer programs, MD Anderson Cancer Center.
Banner’s array of services includes a health insurance division, employed physician groups, outpatient surgery centers, urgent care locations, home care and hospice services, retail pharmacies, stand-alone imaging centers, physical therapy and rehabilitation, behavioral health services, a research division and a nursing registry.
To make health care easier, 100% of Banner-employed doctors are available for virtual visits and patients may also reserve spots at Banner Urgent Care locations and can book appointments online with many Banner-employed doctors. Headquartered in Arizona, Banner Health also has locations in California, Colorado, Nebraska, Nevada and Wyoming. For more information, visit bannerhealth.com.
About Curvo
Curvo is a healthcare-only technology company focused on software solutions that drive innovation and operational improvements to strengthen financial performance. We power partnerships between clinicians and administration to optimize spend, maximize quality, and make a dent in the cost of healthcare.
Curvo provides a seamless digital connection between providers and suppliers to collaborate, generate opportunities and measure performance. With clinical data at the core, our platform facilitates data-driven decision making, cross-organizational engagement, and process automation.
We are trusted by and work with over 800 hospitals and surgery centers, including some of the largest healthcare systems, medical devices companies and consulting firms in the U.S. Learn more at gocurvo.com.
Media contact:
Carro Ford
carro.ford@curvolabs.com