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H-Source platform demonstrates positive financial impact across Colorado Hospital Association with cost savings
H-Source platform demonstrates positive financial impact across Colorado Hospital Association with cost savings.
About this update from H-source Holdings Ltd
[{"type":"text","content":"\n\n\n\nH-Source platform demonstrates positive financial impact across Colorado Hospital Association with cost savings\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nH-Source platform demonstrates positive financial impact across Colorado Hospital Association with cost savings\nCanada NewsWire\nVANCOUVER, Jan. 16, 2018\n\n\n\nVANCOUVER, Jan. 16, 2018 /CNW/ - H-Source Holdings Ltd. (TSX VENTURE:HSI) (OTCQB:HSCHF) (the \"Company\" or \"H-Source\") is pleased to announce that its partnership with the Colorado Hospital Association (\"CHA\") has been benefiting its members with significant positive financial impacts.  Over the past months, transactions between CHA members has steadily increased resulting in greater cost recovery and savings for Colorado hospitals.  H-Source customer base and transactions have been increasing with a widening network across a variety of geographies and hospital groups. The Colorado Hospital Association represents over 100 hospitals and health systems throughout Colorado. Many early adopters include several Integrated Delivery Networks, larger facilities located in the Denver metro area and rural areas across the state.  \n\nBased on some initial numbers, the participating hospitals would have needed to generate approximately $8.4 million dollars in new revenue in order to realize the same dollar value in recovered cost from H-Source transactions. \n\nMurray Walden, President and Director, said, \"When I met with Michael Scott, Vice President, CHA Shared Services, he was very passionate about the forward thinking and progressive nature of Colorado hospitals in terms of exploring innovative ideas and process improvement.  I would say he has been spot on.  We are excited about the growing number of hospital participants and transactions on our platform.  I believe we are just scratching the surface of our potential for Colorado hospitals to recover costs, reduce expenditures and decrease waste.  We appreciate our partnership with the CHA and look forward to our continued relationship.\"\n\nMichae...