Griffin partners with TopSource to cut non-medical procurement costs

       DERBY- Griffin Hospital has announced its recent partnership with TopSource, LLC, a Boston-based sourcing company that assists retail and wholesale companies manage procurement costs across hundreds of indirect products and services. 
      TopSource is a division of Topco Associates LLC, the largest cooperative buying organization for retail food in the United States.
      Beyond grocery and food-service clients, TopSource has successfully expanded its customer base to include convenient stores, drug stores, restaurants, other retailers, and now its first healthcare organization.    
      TopSource's breadth of products and services span across multiple industries which can support companies in a variety of business areas such as professional and operational services, packaging, marketing, IT/Telecommunications and more.

 

Griffin Hospital is a 160-bed acute care community hospital serving more than 100,000 residents of the Lower Naugatuck Valley.
In addition, Griffin serves as the flagship hospital for Planetree, an international leader in patient-centered care and has received national recognition for creating a facility and approach to patient care that is responsive to the needs of patients. 

For Griffin Hospital, the areas of business supported by TopSource is a strong fit to create greater efficiencies and control indirect expenses in non-medical related items.

 

Patrick Charmel, President and CEO of Griffin Hospital said of the recent partnership with TopSource, "Griffin was looking to manage costs in several areas through consolidated purchasing efficiencies especially outside of medical supplies and services. Our procurement group was impressed with the TopSource team's expertise and years of experience in sourcing and category management. We are confident TopSource can help us maximize savings as we overlap in several procurement areas." 

 

John Latham, director, business development of TopSource said he looks forward to working with the team at Griffin Hospital. 

In support of the new partnership, Latham said, "I am extremely excited to announce our partnership with Griffin Hospital not only as our first healthcare customer but the opportunity to demonstrate significant savings opportunities to such a leading organization in the medical community. 
"Griffin has similar indirect sourcing needs that are at the very core of what TopSource does and we look forward to getting things moving. We were able to introduce and demonstrate the competitive savings advantage that TopSource delivers to its customers on a daily basis. Together, we have already identified many areas that may make sense for Griffin."

 

In conjunction with strategic supplier partners, Griffin Hospital and TopSource believe significant opportunities exist to work together to add efficiencies to Griffin Hospital's purchasing decisions outside of medical related products and services. Leveraging the purchasing power of its 60-plus customers, TopSource is working closely with the Griffin Hospital team to deliver savings in several business areas. Initiatives are being evaluated.

This information was taken from a release from Griffin Hospital.