Strategic Regional Healthcare Organizations

What Strategic Regional Healthcare Organizations does

Strategic Regional Healthcare Organizations (SRHO) — formally "Strategic Regional Healthcare Organization, The National Association, Inc." — is a non-profit, member-driven healthcare consortium headquartered (mailing address) in Raleigh, North Carolina and incorporated in Pennsylvania on June 1, 2017. SRHO serves multi-organization affiliations of two or more independent hospitals or health systems (Strategic Regional Healthcare Organizations, or "SRHOs") that pursue population health and economies of scale while retaining organizational autonomy. Its membership representation spans 400+ hospitals and health systems across 20+ U.S. states, including named affiliates such as AboutHealth (45 hospitals), AllSpire Health Partners (46), Kentucky Health Collaborative (64), Vanderbilt Health Affiliated Network (68), MVA (11), LifeCare Health Services (9), eBrightHealth (7), EverGreen Health (1), and Value Care Alliance (2).

The core service is Inter-Organizational Shared Services (IOS2): a framework that lets members share non-clinical functions — Preferred Contracting, the SRHO HCF National Consortium, Pharmacy Benefit Management, Population Health Infrastructure, and Regional Laboratory initiatives — across separate corporate entities. Layered on IOS2 is a portfolio of 13 cost-reduction sub-services delivered through an exclusive partnership with Tryon ClearView Group (bank fees, credit card processing, managed print, mailing/pharmacy shipping, document storage, facilities, food & nutrition, IT software optimization, linens, telecom audits, waste, and water). Adjacent partnerships with Panda Health (digital health marketplace), Real Time Medical Systems (post-acute interventional analytics, claimed 40–50% readmission reduction), CPS Payment Services/Repay (AP disbursement automation with rebate economics), AblePay Health (patient financing), PostalAdvocate, ExactWater, Etiometry, and others extend the offering into revenue-cycle and clinical areas.

SRHO makes money primarily through annual membership dues (subscription) paid by member SRHOs, supplemented by referral/affiliate economics from the Preferred Contracting Program and named vendor partnerships. Go-to-market is direct enterprise membership recruitment (single-channel enterprise sales via phone, email, and an annual conference). Leadership includes CEO Mark Tribbett and Chairman Brent McDonald (SVP/CSO, Vanderbilt Office of Population Health), with governance drawn from executives of member organizations. SRHO is independent, with no disclosed parent, investor, or private-equity backing.

Name

Strategic Regional Healthcare Organizations

Legal name

Strategic Regional Healthcare Organization, The National Association, Inc.

Website

https://srho.org

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

SRHO is a non-profit member association representing Strategic Regional Healthcare Organizations — multi-hospital affiliations pursuing population health and economies of scale — across 20+ U.S. states. It delivers Inter-Organizational Shared Services, preferred contracting, and 13 cost-reduction programs through exclusive vendor partnerships.

Ownership category

akta.pro rank

Headquarters

HQ city

Raleigh

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Membership Dues: SRHO generates revenue through annual membership dues from member organizations. Members pay dues and receive access to exclusive resources, analytics, networking opportunities, discounted conference fees, and governance participation rights.
2. Preferred Contracting Program: SRHO facilitates group purchasing and preferred contracting programs that deliver cost savings to member organizations, creating value through collective buying power and economies of scale.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

SRHO, The National Association is a non-profit membership consortium that delivers Inter-Organizational Shared Services (IOS2) and a Preferred Contracting Program to Strategic Regional Healthcare Organizations. Members pay annual dues and gain access to exclusive resources, data analytics, peer benchmarking through annual surveys, networking/affinity groups, governance participation, and a curated suite of cost-reduction partner services (e.g., Tryon ClearView Group offerings) that deliver documented savings on banking, credit card processing, print, mailing, pharmacy shipping, document storage, facilities, food services, IT software, linens, telecom, waste, and water.

Product overview

SRHO, The National Association is a healthcare consortium serving Strategic Regional Healthcare Organizations (SRHOs) across the United States. The organization provides a unified platform of Inter-Organizational Shared Services (IOS2) designed to help regional hospital networks and health systems achieve economies of scale and radical cost reduction in non-core business functions. The core IOS2 program encompasses Preferred Contracting Programs, the SRHO HCF National Consortium, Pharmacy Benefit Management, Population Health Infrastructure, Regional Laboratory Initiatives, and original research and business plan development services. Through its Tryon ClearView Group partnership, SRHO offers members a comprehensive suite of 13 cost-reduction sub-services including Save on Bank Fees, Save on Credit Card Processing Fees, Managed Print Services (including ClearPaaS), Save on Mailing Costs & Pharmacy Shipping, Document Storage Savings, Facilities Savings, Food & Nutrition Services, IT Software Optimization, Save on Linens, Telecom Line Audits, Save on Waste, and Water Savings. Additional membership benefits include the Annual Conference with discounted fees, Annual Member Survey and Reports, governance participation, and affinity group networking opportunities. SRHO members and affiliates represent over 400 hospitals across approximately 20 states.

Differentiator

Problem solved

Functional benefit

Products and services

• Inter-Organizational Shared Services (IOS2) Strategic framework enabling hospitals and healthcare systems to achieve radical cost reduction by sharing services across organizational boundaries through a separate function or business entity controlled by two or more sponsor organizations.
• Preferred Contracting Program National group purchasing program that aggregates purchasing power across SRHO member organizations to secure preferential pricing and contract terms with suppliers.
• SRHO HCF National Consortium National consortium initiative enabling member health systems to achieve significant cost savings through collective purchasing and resource sharing; Mercy realized $3 million in annual savings through this program.
• Pharmacy Benefit Management Shared services initiative focused on optimizing pharmacy costs and management across member healthcare organizations.
• Population Health Infrastructure Infrastructure development and support services to help SRHO members succeed in population health initiatives and value-based care delivery.
• Regional Laboratory Initiative Program enabling consolidation and integration of laboratory operations across multiple healthcare organizations to achieve economies of scale and cost savings.
• Member Research and Analytics Original research and solution development services that identify opportunities and facilitate dialogue about inter-organizational shared services, including full business plan development for member organizations.
• SRHO Annual Conference Annual national conference providing networking opportunities, peer exchange, and educational content for SRHO member organizations; members receive discounted registration fees.
• Annual Member Survey and Reports Annual survey capturing data to produce reports that help SRHO leaders optimize organizational design and improve their value proposition based on peer benchmarking.
• Tryon ClearView Group Services Suite of cost-reduction services offered through partnership with Tryon ClearView Group, providing member savings on banking fees, credit card processing, print services, mailing costs, pharmacy shipping, document storage, facilities management, food and nutrition, IT software, linens, telecom, waste, and water.
• Save on Bank Fees Banking fee optimization service using proprietary software to analyze statements for pricing discrepancies and duplicate fees, delivering average savings of 25% without changing banks.
• Save on Credit Card Processing Fees Credit card processing fee reduction service that negotiates lower rates with existing bank processors, achieving savings of 18% or more without changing vendors.
• Managed Print Services Managed print services leveraging aggregated buying power and industry expertise to reduce print costs by an average of 35%, including inventory management, baseline cost establishment, and right-sizing of print devices.
• Save on Mailing Costs & Pharmacy Shipping Mailing and pharmacy shipping cost optimization using the enterpriseAdvocate analytics platform, achieving average savings of 30% with access to 20-80% discounted USPS and FedEx services.
• Document Storage Savings Document storage cost reduction service reviewing service agreements, ensuring compliance, and negotiating better terms with current or alternative vendors, delivering average savings of 35%.
• Facilities Savings Facilities vendor audit and negotiation services covering landscaping, cleaning, HVAC, flooring, elevators, and other building services, achieving average savings of 20% of total spend.
• Food & Nutrition Services Food and nutrition cost management service reviewing contracts, budgets, and vendor agreements to cut food service costs while maintaining or improving operational quality, with average savings of 25%.
• IT Software Optimization IT software license audit and optimization service reviewing enterprise systems such as Epic and Oracle to ensure vendor terms align with industry standards and achieve cost efficiencies.
• Save on Linens Linens procurement and service optimization including contract review, benchmarking, linen utilization programs, and vendor negotiations, achieving average savings of 35%.
• Telecom Line Audits Telecommunications line audit service matching billed lines and circuits to physical infrastructure to identify billing errors, non-existent services, and cost-saving opportunities, with average savings of 24%.
• Save on Waste Waste management cost reduction through contract compliance review, rate benchmarking using proprietary national pricing database, and geographic fee differential analysis, achieving average savings of 35%.
• Water Savings Water efficiency solution using ExactWater's proprietary valve technology to convert uncontrolled flow to laminar flow, guaranteeing minimum savings of 15% with potential up to 42% reduction in water consumption.
• Member Portal and Resources Private member-only website sections providing access to member organization profiles, annual survey publications, successful initiative compilations, and exclusive research materials prepared by SRHO staff.

Quantifiable outcome

• Mercy achieves $3 million in annual savings through SRHO HCF National Consortium
• +12 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

14 partnerships are on record, tiered minor and core.

• Panda HealthminorStrategic or Co-development Partner · 6 October 2021Partnership expands SRHO's Initiative Partners network. Panda Health operates a marketplace connecting buyers and sellers of digital health technologies. Platform helps healthcare organizations source, procure, and deploy digital health solutions economically, safely, and at speed. Reduces vendor selection and procurement cycle times by more than half.
• RepaycoreTechnology or Integration · 7 December 2020Partnership through CPS Payment Services (a REPAY company) provides health system members with automation capabilities for accounts payable disbursements, optimizing internal efficiencies and bringing revenue generating savings. CPS TotalPay platform helps generate significant monthly cash rebates.
• AblePay HealthcoreStrategic or Co-development Partner · 1 December 2020Strategic partnership to bring the AblePay model to SRHO's representative medical providers across the United States. AblePay Health's provider network includes 42 hospital campuses and over 1,100 specialty provider offices covering 20 counties in Pennsylvania, New Jersey, and Ohio. The partnership allows medical providers to decrease costs and dramatically increase revenues while assisting healthcare consumers with out-of-pocket medical expenses.
• CPS Payment ServicescoreTechnology or Integration · 19 November 2020Partnership offers SRHO members accounts payable disbursement automation and revenue generating rebates. CPS TotalPay platform automates supplier payments for hospitals while generating monthly cash rebates. CPS has proprietary network of healthcare suppliers enabling clients to generate typically 50% more rebate than bank programs.
• Real Time Medical SystemscoreTechnology or Integration · 3 August 2020Partnership provides Real Time's cloud-based post-acute Interventional Analytics solution to SRHO members. The solution accesses post-acute EHR data and provides live, real-time patient data to hospital clinical/operational leadership. Enables collaboration around patient care and intervention, reducing admissions and readmissions by 40-50%.
• Tryon Clear View GroupcoreStrategic or Co-development PartnerStrategic partner providing multiple cost savings services: bank fees (25% average savings), credit card processing fees (18%+ savings), managed print services (35% average savings), mailing/pharmacy shipping (30% average savings), document storage (35% average savings), facilities (20% savings), food/nutrition (25% savings), IT software optimization, linens (35% savings), telecom audits (24% savings), waste (35% savings), and water savings (15% guaranteed). Uses proprietary software for granular analysis and benchmarking.
• ESP GlobalminorStrategic or Co-development PartnerHealthcare equipment maintenance subject matter experts helping clients find best equipment maintenance solutions with customized coverage and reduced costs.
• Altius Healthcare ConsultingminorImplementation/ SI/ Consulting PartnerProvides hospitals and health systems with specialized performance improvement and workforce optimization consulting services.
• KestgominorImplementation/ SI/ Consulting PartnerHealthcare support services consulting.
• MD-ReviewminorStrategic or Co-development PartnerProvides external peer review, clinical quality and consulting services.
• CoreTrustminorChannel Partner/ Reseller/ DistributorCommercial sourcing agency delivering contract savings through membership and leveraging scale.
• Berkshire GroupminorStrategic or Co-development PartnerClaims/payments recovery firm specializing in returning funds held by states on behalf of members. Has recovered and returned tens of millions of dollars owed to clients.
• achiminorStrategic or Co-development PartnerAddresses social drivers and proactively engages people and resources to advance cost-effective, quality human care. Partners with health systems, educational institutions, and corporations to transform healthcare payment models.
• PointcoreminorStrategic or Co-development PartnerInnovative healthcare services company partnering with hospitals and health systems to strengthen operations, drive down costs, and stay current with technology.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• American Hospital Association: The AHA is the national trade association representing hospitals and health systems in the US. It is a broader incumbent in the healthcare association space, related to SRHO as the larger, more general industry advocacy body.
• Healthcare Financial Management Association: HFMA is a membership organization for healthcare financial management professionals. It parallels SRHO's mission of providing member benefits, education, and best-practice sharing in the healthcare sector, though focused on finance/operations rather than provider networks.

Others

• Healthcare Supply Chain Association: HSCA is the trade association representing healthcare GPOs nationally. It is an industry ecosystem peer — adjacent to SRHO's collective purchasing activities and the broader GPO ecosystem that SRHO operates within.

Direct peers

• Vizient: Vizient is one of the largest healthcare performance improvement and GPO companies, serving academic medical centers, hospitals, and health systems. Its supply chain, clinical benchmarking, and analytics offerings directly parallel SRHO's preferred contracting and population health services.
• Intalere (now part of Vizient): Intalere was a healthcare GPO and supply chain company serving hospitals, health systems, and other providers; it was acquired by Vizient in 2018. Its member-driven GPO model parallels SRHO's collective purchasing approach for regional health systems.
• HealthTrust Performance Group: HealthTrust is a healthcare GPO and Performance Improvement company serving hospitals, health systems, and ambulatory sites. It is a GPO peer focused on collective purchasing power and operational performance — directly comparable to SRHO's Preferred Contracting Program and IOS2 model.
• Premier Inc. Premier is a large publicly-traded healthcare GPO and performance improvement company serving ~4,400 hospitals and 300,000+ providers. Like SRHO, it offers group purchasing, supply chain, and population health services to provider networks, making it the most direct large-scale analog despite vastly different scale.

Regional players

• Yankee Alliance: Yankee Alliance is a regional healthcare GPO serving hospitals and health systems, primarily in the Northeast. It offers the same kind of group purchasing and supply chain services that SRHO provides nationally, making it a regional GPO peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/srho_
• LinkedInlinkedin.com/company/srho-the-national-association

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Strategic Regional Healthcare Organizations