Constellation today announced it has been selected by GNYHA Services,
Inc., an acute care group purchasing organization and supply chain
management company, as an authorized supplier of electricity within its
regional group purchasing program.
The three-year agreement between Constellation NewEnergy, Inc. and GNYHA
Services, Inc. will allow more than 180 hospitals and 900 non-acute care
facilities in New York State to aggregate power requirements and obtain
pricing that is based on competitive bids in New York’s wholesale power
supply market.
Today, it’s common for many hospitals and non-acute care facilities to
shop for power supply individually. This new agreement allows
Constellation to combine members’ energy block purchases ─ for example,
the combined electricity requirements of six or more hospitals ─ into a
single, larger purchase in order to access the power supply market and
obtain competitive bids for the single, larger volume. The bid pricing
will be derived from wholesale solicitations sourced by Constellation.
While lower prices can never be guaranteed, Constellation’s unique
program affords customers in the larger buying pool the opportunity to
review bids derived from wholesale price offers.
Under terms of the agreement, Constellation will solicit bids for the
combined volume of the GNYHA Services members who join the program.
Participants will then receive from Constellation the lowest bid price
for their specified contract term.
“We have an excellent track record of delivering value, low prices and
supplier discounts to members by taking advantage of scale and our
ability to procure products and services in large volumes,” said David
M. Zimba, vice president, custom contracting, strategic contracting
services, GNYHA Services “What’s unique about our agreement with
Constellation is the ability for members who choose to participate to
seek the most competitive power supply prices.”
“We’re constantly looking for ways to provide greater value to the
customers we serve through our association relationships,” said Ed
Wilson, vice president, association sales, Constellation. “This
agreement offers GNYHA Services members and affiliates the ability to
take advantage of the benefits of aggregation and the highly competitive
prices in the power supply market, while still preserving the ability to
customize their individual energy supply strategy.”
Participating hospitals and non-acute care facilities will receive
monthly statements of power purchases and budget performance through
Constellation’s innovative i2i energy management program. The i2i
reports include forecasts of power usage and costs, comparisons of
forecasted and actual purchases and variance analyses.
About Constellation
The Constellation family of retail electricity and natural gas suppliers
(www.constellation.com),
are subsidiaries of Exelon Corp., and are leading competitive retail
suppliers of power, natural gas and energy products and services for
homes and businesses across the continental United
States. Constellation’s retail businesses serve more than 100,000
business and public sector customers, including more than two-thirds of
the Fortune 100, and nearly one million residential customers.
Exelon Corporation (NYSE: EXC) is the nation’s leading competitive
energy provider, with 2012 revenues of approximately $23.5 billion.
Headquartered in Chicago, Exelon has operations and business activities
in 47 states, the District of Columbia and Canada. Exelon is one of the
largest competitive U.S. power generators, with approximately 35,000
megawatts of owned capacity comprising one of the nation’s cleanest and
lowest-cost power generation fleets. The company’s Constellation
business unit provides energy products and services to approximately
100,000 business and public sector customers and approximately 1 million
residential customers. Exelon’s utilities deliver electricity and
natural gas to more than 6.6 million customers in central Maryland
(BGE), northern Illinois (ComEd) and southeastern Pennsylvania (PECO).
About GNYHA Services, Inc.
GNYHA Services is an acute care group purchasing organization (GPO) and
supply chain management company operated by GNYHA Ventures and
affiliated with Premier. GNYHA Services combines the benefits of
national pricing (through its Premier relationship) with the advantages
of regional flexibility.
The GNYHA Services regional contract portfolio is compiled using member
feedback and input from GNYHA Services Subject Matter Experts in the
areas of diagnostic services, facilities and construction, foodservice,
nursing, and surgical services. Members receive immediate contract
support in key areas, at the least cost, and, in some cases, as
revenue-generating opportunities. The Pharmacy Services program affords
members access to a comprehensive pharmacy portfolio as well as regional
contracts for various pharmacy consulting services (e.g., 340B drugs,
antibiotic stewardship).
In addition, GNYHA Services offers numerous value-added services,
including supply chain improvement planning, continuing education, and
spend management technology.
Copyright Business Wire 2013