Texas Health, like many health systems across the nation, faced a shortfall of medications, IV solutions and other supplies during the year. Fortunately, manufacturers’ contingency plans helped to mitigate impacts and we were able to share inventory across the system.
Additionally, we reduced drug costs in the last two years despite inflation, shortages and expensive new therapies. Our pharmacies standardized many clinical programs to help achieve the best outcome at the lowest cost. We also provided a way for hospitals to bring previously outsourced IV products back to our system more affordably.
By year-end, we had saved $24 million on all expenses, exceeding our goal by 20 percent. We also spent approximately $5 million with MWBEs. Over the last five years, we have saved almost $100 million in costs and awarded $1 million in contracts to MWBE suppliers. At THSCS, we added dozens of members to its network and increased revenue by 32 percent.
To offer healthier food choices, we partnered with a vending machine vendor that is stocking items that are low-to-no sugar, low sodium and low fat. Our food services team continually reviews the nutritional content of foods provided to patients and offers healthier options including salads and vegetarian meals.
In 2019, we plan to install software that will help modernize and automate many facets of sourcing. Our goal is to save an additional $20 million in expenses.