Medline has entered into a multi-year, $725 million prime vendor partnership with Mount Sinai Health System. The two organizations will once again collaborate to identify innovative strategies to advance supply chain operations, control expenses and help enhance patient outcomes. As the system’s primary supplier, Medline will provide an extensive portfolio of essential medical supplies and solutions across the health system’s eight hospital campuses, school of medicine and ambulatory practices.
Under the terms of the agreement, Medline will place multiple team members, including full-time analysts and a logistics specialist, within the health system to work hand-in-hand with leaders to address specific caregiver needs and help drive new ways of optimizing care. Medline resources will also enable the health system to more easily monitor key metrics such as item utilization, contract compliance, price accuracy and spending by product categories through Medline’s advanced analytics platforms.