Texs Health Resources pumped more than $140 million into the North Texas economy in 2017 by buying supplies and services with local businesses, both big and small, the hospital system reported in a news release.
Construction-related costs – hiring local contractors, subcontractors, architects and other service providers, as well as buying building supplies locally – accounted for more than $121 million. At least another $20 million was spent on medical supplies and services with vendors based in North Texas, representing purchases of everything from surgical masks to print services.
For example, Texas Health purchases masks and isolation gowns from Prestige Ameritech, based in North Richland Hills. It’s one of the ways local purchasing is good for both Texas Health and the local economy, Shaun Clinton, senior vice president, Supply Chain Management, said in the news release.
“While we understand the need for sourcing products around the globe in this day and age, if we can utilize a local company to not only support the communities we live in, but also ensure that we are prepared for any unforeseen events,” he said, “we’d like to do it.”
Clinton said Texas Health also has worked to find better ways to contract with local suppliers for services such as printing and print management, both big spending areas for an institution the size of Texas Health.
The nonprofit Texas Health system employs more than 24,000 people in North Texas, and its system includes 29 hospital locations and more than 350 points of access, from physician practices to outpatient surgical centers.
“We’ll continue to be on the lTexasHealth.orgookout for manufacturers and suppliers who can support our desire to do business locally and have the ability to support us as we grow,” Clinton said.