Casie, what do the chips do for you? Is that to conserve a bit of water? I always run a drip line BEFORE I set out potted plants, I've learned the hard way it's always best to have irrigation before potting up. Of course, that's in CA, where we get 5-10" of rain a year.
With that much media shrinkage, you must be using a lot of organic matter. I've tried a lot of mixes over the years, and the one I've stuck with for a few seasons now is mostly bark fines, a little
compost, and some powders (wood ash, gypsum, greensand, Cal-Phos). I'm always looking to improve transplant success, though.