Helia Care and Lifepoint Health Complete the System-Wide Rollout of Novel Transaction Solution that Solves Legacy Healthcare Purchasing Problem
The company's network-based digital handshake has already reduced the health system's not-on-contract spend by 50%.
SCOTTSDALE, Ariz., May 28, 2025 /PRNewswire/ -- Helia Care today announced that it has completed the system-wide rollout of its transaction network solution with Lifepoint Health, marking the completion of a highly successful transition to a new transaction paradigm for expensive medical devices.
Helia Care, a medical device transaction network, provides healthcare providers, distributors, and suppliers with a SaaS-based frictionless provider-supplier network that replaces the wasteful, time-consuming, and expensive "bill-only" transaction. The solution, an upfront, digital handshake that structures, aligns, and enhances supplier and provider data, replaces the cumbersome bill-only process, resulting in a hard-dollar reduction of hospitals' supply chain expenditures.
"Helia Care represents a clear solution for how we buy and how we contract, and it is entirely different from so-called 'bill-only solutions.' Within two months of adopting Helia Care, Lifepoint reduced its not-on-contract 'bill-only' spend by 50% - without even integrating Helia Care with our ERP system," said Jay Kirkpatrick, Vice President, Supply Chain Operations at Lifepoint Health. "Our plan is to integrate Helia Care into our new ERP system once we complete our company-wide go-live schedule. I anticipate the integration will enhance our transaction efficiencies and reduce procure-to-pay costs. Helia Care obsoletes the so-called bill-only transactions with its network-based one-click digital handshake."
Bill-only transactions have been a problem in healthcare transactions where payment is made after the product/device has been used. In these transactions, there is no up-front alignment between buyer and seller – and the process of reconciling the sides has been a major challenge.
"Even without integration, Helia Care has massive impact, and the integration into hospital ERP systems truly makes the transaction a one-click solution. With full integration, Lifepoint Health will become a pioneer in medical supply procurement," said Helia Care CEO Grant Siders. "Our successful creation of a supplier-provider network has enabled us to establish pre-transaction alignment, so that contracts are harmonized and reconciliation unnecessary. As a result, suppliers are paid faster and providers can significantly reduce their costs."
Helia Care works with health systems and medical device suppliers across the country to transition to a new transaction paradigm for healthcare procurement.
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