TPC’s 2023 Triumph: Surpassing $70 Million in Value for Members

TPC has delivered exceptional value to its Members in 2023, achieving over $70 million in total value. This significant milestone reflects TPC’s commitment to enhancing operational efficiencies and financial performance for its Members in the healthcare sector. Despite ongoing industry challenges, the organization’s focused strategies and collaborative efforts have led to this remarkable success.

Big Wins in a Year of Focused Effort

TPC’s achievements in 2023 were grounded in the priorities set by the Members themselves, reflecting the health systems’ shared vision. The focus areas were diverse and strategic, targeting the most significant opportunities for value creation and performance enhancement.

Supply Chain Excellence

TPC navigated through market complexities in Supply Chain to secure distinctive value and effective solutions in plasma products, essential pharmaceuticals, phlebotomy, reprocessing, and implantable ports. Additionally, collaboration led to optimizing value in total joints, reinforcing TPC’s commitment to driving for results in difficult physician preference items (PPI) categories.

Revenue Cycle Optimization

Revenue Cycle saw remarkable advancements with the integration of comparative analytics and automation, and by bolstering Clinical Revenue Cycle management programs. TPC’s activities to help support Members’ managed care strategies further demonstrated the power of shared learning.

Purchased Services and ERP Integration

TPC’s pursuit of value extended to Purchased Services, where enterprise resource planning (ERP) systems, capital equipment acquisition, pharmacy benefits management (PBM) strategies, and audit recovery were areas of significant achievement. This holistic approach ensured that every dollar spent was an investment in quality and efficiency.

Quality Performance Improvement

TPC’s commitment to quality performance improvement is unwavering. With Member participation and implementation of the Clinical Database (CDB) now at 100%, we have been able to take our engagement to the next level to dive deeper into metrics to understand commonalities and differences, and to drive our focus in identifying opportunities that can impact both quality and finances. We are excited to report that we achieved a 22% improvement over baseline in aggregate Quality & Accountability ranking performance for Members that are fully implemented on the tool.

A Reflection of Systemness and Collaboration

The year’s successes were not mere coincidences but the result of TPC’s ethos of Systemness – the collaborative spirit that binds its Members. This foundational principle was evident in the “Fall Classic” meetings for many of our Member-led committees, which served as crucial planning sessions, setting the stage for another year of outstanding performance.

Gratitude for Exceptional Leadership

TPC’s Member committees, a driving force behind our operational prowess, owe their effectiveness to the exceptional individuals who lead them. Their strategic guidance has been pivotal in steering TPC towards its goals.

TPC extends its deepest gratitude to the 2023 committee chairs, whose dedication and foresight have been invaluable.

Our 2023 TPC Member Leadership

Advisory Board: Phyllis Cowling (URHCS), Shane Plymell (SH)

Executive Steering Committee: Jeremey Walker (HH)

Clinical Steering Committee: Pam Bradshaw (SH), Susan Greenwood (HH)

Supply Chain Council: Julia Blanchard (BH), Adam Wood (HH)

Cardiology CVAT: Denise Hessler (SEH), Angie Wagner (HH)

Laboratory CVAT: Kyle Cooper (HH)

Medical/Wound Care CVAT: Stephanie Free (BH), Denise Hessler (SEH)

Pharmacy CVAT: Nathan Wooten (URHCS), Stephanie McCann (SH)

Perioperative CVAT: Heather Hess (HH), Becky Hartley (SH)

Revenue Cycle Council: Tave Kelly (HH), Jeri Kaspar (URHCS)

Facilities Taskforce: Jesse Garza (URHCS)

Human Resources/Committed Insurance Program: Heather Hormel (URHCS)

Physician Enterprise Management: David Stephenson (HH)

Quality Advisory Team: Nancy Hill (MMH), Shelley Moser (URHCS)

TPC’s 2023 narrative is one of remarkable triumphs in the face of a dynamic healthcare landscape. The synergy between TPC and its Members has met and surpassed expectations, setting a new benchmark for collective success in the healthcare sector.