New strategic services will unlock value to health systems
CINCINNATI, Ohio (Oct. 16, 2024) — In a strategic move to improve supply chain resiliency, address shortages and drive value for health systems, Advantus Health Partners has launched Advantus Distribution Services, a new centralized distribution hub located in a suburb of Cincinnati.
“As operators at our core, our new distribution center was developed to offer a modular experience and innovative solution to hospitals and health systems across the nation,” said Dan Hurry, president of Advantus Health Partners. “Our distribution services are not member-based. We have eliminated the high-cost of entry that our competitors charge. Our program meets health systems where they are and allows them more flexibility with participation, including supplementing what they already have in place.”
The new center currently supports a regional medical group with more than 50 locations in Cincinnati, Ohio, with an early focus area on delivering generic injectables. By leveraging key relationships and contracts, as well as enhanced collaboration on logistics, Advantus Distribution Services will be able to mitigate shortages of key products and critical drugs that are typically on shortage.
“A key predictor of shortages, both for drugs and other medical supplies, is consistent volumes,” said Craig Wright, chief strategic supplier and program officer, Advantus Health Partners. “Placing consistently large orders, at stable volume levels, is one of several ways that we successfully mitigate shortages of everything from life saving therapies to general supplies that are used on a day-to-day basis in doctor’s offices and hospitals. What we’re doing here is much more than a standard warehouse. We’re implementing intentional, proven process and strategies that differentiate our solutions from our competitors.”
Future plans for distribution services include expansion across Ohio and entry into Kentucky, South Carolina, and Virginia.
