Capstone Health Alliance
↗Fletcher, North Carolina, USA
Capstone Health Alliance is a leading regional group purchasing organization (GPO) based in Fletcher, North Carolina. The company focuses on reducing healthcare costs by aggregating the purchasing volume of its members, which includes over 300 hospitals across 24 states and more than 31,000 non-acute and continuum of care providers across all 50 states. It operates through a strategic regional partnership with Premier, Inc., allowing its members to leverage over $84 billion in combined purchasing power.
Originally established as a program within the WNC Health Network in 2000, Capstone became an independent entity in 2013. The alliance provides its members with access to a portfolio of over 3,700 national contracts and 225+ exclusive local contracts, spanning categories such as medical-surgical supplies, pharmacy, laboratory services, and purchased services. Beyond procurement, the organization offers supply chain analytics, professional development through the Capstone Learning Academy, and leadership training via the Capstone Leadership Institute.
CLASSIFICATION
Company Type:MedTech
Therapeutic Areas:-
Industry:Healthcare Services
Sub-Industry:Group Purchasing Organization (GPO)
SIZE & FINANCIALS
Employees:1-50
Revenue:$10M-$50M
Founded:2013
Ownership:private
Status:operating
FUNDING
Stage:Unfunded
0
CORPORATE STRUCTURE
Subsidiaries:CAP Assets, LLC
Key Partnerships:Premier, Inc. (Primary National GPO Partner), Yankee Alliance (Strategic GPO collaboration), Advantus Health Partners (Supply chain optimization partner), North Carolina Healthcare Association (NCHA) Strategic Partners, Breckenridge Pharmaceutical (Supplier partnership), Access Vascular (Supplier partnership for PICC and Midline catheters), Luxor Scientific (Diagnostic services partnership)
COMPETITION
Position:Leader
Competitors:Vizient, Inc., HealthTrust Performance Group, HPS (Hospital Purchasing Service), MedAssets (Acquired by Vizient), Intalere (Acquired by Vizient)
LEADERSHIP
Key Executives:
Tim Bugg - Owner & CEO
Yolandi Myers - President & Chief Administrative Officer
Jeff Lawing - Chief Customer Officer
Scientific Founders:Tim Bugg (Founder), Mark Landau (Co-founder)
LINKS
Website:capstonehealthalliance.com
LinkedIn:LinkedIn Profile
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