University Medical Center of Southern Nevada
Board of Hospital Trustees
AGENDA ITEM
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Petitioner: |
Mason Van Houweling, Chief Executive Officer |
Recommendation:
title
Approve and authorize the Chief Executive Officer to sign the Second Amendment to Participation Agreement with HealthTrust Purchasing Group, L.P. and University Medical Center of Southern Nevada (“UMCSN”); or take action as deemed appropriate. (For possible action)
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FISCAL IMPACT:
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Fund #: |
5420.000 |
Fund Name: |
UMC Operating Fund |
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Fund Center: |
Various |
Funded PGM/Grant: |
N/A |
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Amount: |
$0 |
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Description: |
Group Purchasing Organization participation |
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Additional Comments: |
CBE: GPO Extension of Participation Agreement (GPO) from 8/3/2021 to 8/2/2026 |
BACKGROUND:
In March 2016, the Board of County Commissioners approved the Participation Agreement (“Agreement”) with HealthTrust Purchasing Group, L.P. (“HPG”) for University Medical Center of Southern Nevada (“UMCSN”) to participate as a member of the Group Purchasing Organization (“GPO”). First Amendment, effective August 3, 2016, amended the Agreement to incorporate the GPO Fee Sharing, HPG to pay fifty percent (50%) of the GPO Fees received if UMCSN’s total dollar spend annually equals or exceeds one hundred million dollars ($100,000,000.00). However, if UMCSN’s total annual dollar spend is below the one hundred million dollars ($100,000,000.00), HPG will reduce the GPO Fee Share to twenty-five percent (25%).
This Second Amendment requests to allow UMCSN to exercise the five (5) year renewal option, extending the expiration date to August 2, 2026.
UMCSN’s Materials Management Director has reviewed and recommends approval of this Amendment. This Amendment has been approved as to form by UMCSN’s Office of General Counsel.
This Amendment was reviewed by the Governing Board at their June 30, 2021 meeting and recommended for approval by the Board of Hospital Trustees.