AllSpire

Name

AllSpire

Legal name

AllSpire Health Partners, LLC

Website

https://allspire.org

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Healthcare Group Purchasing

NAICS

Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)

SIC

Services-Membership Organizations (8600), Services-Management Consulting Services (8742)

akta.pro primary industry

Hospital Shared Services, GPOs & System Support Organizations (HLAFAAAO)

Keywords

• Group purchasing organization
• Healthcare supply chain
• Clinical value analysis
• Health system consortium
• Regional sourcing services

Headquarters

HQ city

Conshohocken

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Group Purchasing Organization (GPO) Services: AllSpire Health GPO, LLC drives clinical value by delivering cost reductions across the care continuum. The GPO leverages 1600 hospitals and $39 billion in purchasing power through Premier Inc. to negotiate pricing for goods and services worth approximately $2 billion per year on behalf of member health systems. Revenue is generated through administrative fees, price discounting, and rebate-driven cost savings.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

AllSpire Health Partners is a collaborative think tank and incubator created by six not-for-profit health systems, operating through its AllSpire Health GPO, LLC subsidiary. The GPO negotiates group purchasing contracts for goods and services worth approximately $2 billion per year on behalf of member health systems, leveraging combined purchasing power of 1,600 hospitals and $39 billion through partner Premier Inc. Alongside purchasing, AllSpire runs clinical excellence initiatives, knowledge transfer programs, pharmacy benefit management aggregation, and advanced care planning across its member systems.

Product overview

AllSpire Health Partners is a collaborative think tank and healthcare consortium owned by six not-for-profit health system members (Atlantic Health System, ChristianaCare, Hackensack Meridian Health, Lehigh Valley Health Network, Tower Health, and WellSpan Health). The organization operates through two primary entities: the collaborative partnership (AHP) focused on clinical excellence, knowledge transfer, and innovation, and the AllSpire Health Group Purchasing Organization (AH GPO) focused on supply chain optimization and cost reduction. The AHP component includes clinical value analysis services, clinical excellence initiatives (sepsis treatment, maternal health), pharmacy benefit management aggregation, and advanced care planning through the yourlifeyourwishes.com platform. The AH GPO leverages combined purchasing power across member systems to negotiate pricing through both national (via Premier Inc.) and regional sourcing initiatives. The organization also made a joint capital commitment to implement Epic as a common electronic health record platform across all member systems.

Differentiator

Problem solved

Functional benefit

Products and services

• AllSpire Health GPO A regional group purchasing organization that negotiates pricing on goods and services worth approximately $2 billion per year on behalf of member health systems. The GPO provides a central structure and support team, including Collaborative Project Managers, to assist member supply chain leadership in contracting with vendors and engaging Value Analysis Teams.
• Clinical Value Analysis A service framework that supports member health systems in driving clinical value by delivering cost reductions across the care continuum and enhancing clinical outcomes through knowledge transfer, Value Analysis Teams, and best practice sharing.
• National Sourcing A sourcing service that leverages the purchasing power of 1,600 hospitals and $39 billion through the strategic partnership with Premier Inc. to secure national contracts for member health systems.
• Regional Operating Efficiencies A service that pursues enhancements to national contracts through regional strategic sourcing initiatives and secures contracts for purchased services from local and regional suppliers in Pennsylvania, New Jersey, Delaware, Maryland, and New York.
• Pharmacy Benefit Management (PBM) Aggregation An aggregated PBM vendor contract across member health systems that has driven a 21% decrease in employee drug costs, saving approximately $27 million per year.
• Advanced Care Planning (ACP) Initiative A team approach to educate hospital staff, community members, and patients about end-of-life care planning across the AllSpire membership, accessible through the yourlifeyourwishes.com platform.
• Innovation Journal An annual publication showcasing innovations deployed at collaboratives and member health systems, exploring emerging technologies and their impact on patient care delivery. Issues have included 'Self-Disruption in Healthcare Delivery Networks' and 'Deep Learning in Healthcare'.

Quantifiable outcome

• 21% decrease in employee drug costs, saving $27 million per year through aggregated PBM contract
• +3 more outcomes

Named customers6 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Premier Inc.coreChannel Partner/ Reseller/ Distributor · 19 August 2024AllSpire Health Partners selected Premier Inc. as its National GPO. Premier serves as the national strategic business partner providing access to 1600 hospitals and $39 billion in purchasing power for the combined member health systems.
• AsteresminorOthers · 28 November 2023Asteres was awarded an AllSpire Health GPO Purchasing Contract to offer ScriptCenter Prescription Lockers and Kiosks to member hospitals. ScriptCenter provides prescription pickup solutions for healthcare facilities.
• Innovative HealthminorOthers · 1 November 2023AllSpire Health GPO signed agreement with Innovative Health to support member hospitals in their medical device re-use programs. This partnership helps member health systems optimize medical device utilization and reduce waste.
• MolecuLight Corp.minorOthers · 29 September 2022MolecuLight point-of-care wound imaging devices were awarded a Group Purchasing Agreement with AllSpire Health GPO. This enables member hospitals to access MolecuLight's wound imaging technology through the GPO.
• KurinminorOthers · 18 January 2022Kurin announced agreement with AllSpire Health GPO to impact contaminated blood cultures. Kurin's products help reduce blood culture contamination rates in hospital settings.
• ValifyminorStrategic or Co-development Partner · 24 April 2018Valify announced addition of AllSpire Health GPO, LLC to its list of collaborative organization partnerships. This collaboration supports cost transparency and spend management initiatives across member health systems.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Yankee Alliance: Yankee Alliance is a regional group purchasing organization serving hospitals and health systems primarily in the Northeast. It is comparable to AllSpire's regional GPO model, with similar focus on contract leverage and member-driven value for mid-sized and community hospitals.
• HealthTrust Purchasing Group: HealthTrust is a healthcare GPO owned by HCA that serves hospitals and health systems with contract purchasing and clinical resource management. It is a direct analogue to AllSpire Health GPO, and AllSpire's VP of Clinical Resource Management previously held a senior director role there.
• Intalere (now Vizient): Intalere was a healthcare GPO focused on community hospitals and IDNs that merged into Vizient in 2020. It served a similar member profile to AllSpire's regional hospital base with comparable group purchasing and clinical performance services.
• ROi (Resource Optimization & Innovation): ROi is a healthcare supply chain services company providing GPO, custom contracting, and clinical resource management to hospitals and health systems. Like AllSpire, it operates as a member-focused organization with regional supply chain capabilities.
• CHAMPS Group Purchasing: CHAMPS is a regional healthcare group purchasing organization serving hospitals and health systems across the Mid-Atlantic and Ohio Valley. It is a peer to AllSpire Health GPO in scale, model, and geographic focus, with similar contract aggregation and member-service offerings.

Broad incumbents

• Vizient: Vizient is the largest member-driven healthcare performance and GPO company in the US, serving academic medical centers and large health systems with sourcing, analytics, and clinical benchmarking. It competes with AllSpire's national sourcing and clinical collaboratives across a broader portfolio.
• MedAssets (now Vizient): MedAssets was a major healthcare GPO and revenue cycle organization that merged with Vizient. It served acute care hospitals and health systems with group purchasing, supply chain, and operational services comparable to AllSpire's GPO portfolio.
• Premier Inc. Premier Inc. is the largest national healthcare GPO and AllSpire's named national sourcing partner. They serve overlapping hospital and health system customers with similar group purchasing, clinical performance, and supply chain services, but operate at national scale with broader service offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/allspire-health-partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AllSpire