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Requisition workflow and control

By helping automate your procurement process, GHX gives you the visibility and control you need to help reign in maverick spending. Unlike other offerings, our solutions leverage more accurate, up-to-date product and pricing data to improve contract management and reporting. You’ll create process efficiencies and drive contract compliance, helping you reduce supply spend by up to 12 percent.

Would you rather manage process or manage costs?

When a floor nurse puts in a request for a simple item like non-latex gloves, a surprisingly complex requisition and approval process begins. Requisitions must be generated, approved and turned into purchase orders, which then go through an even lengthier workflow. For many hospitals, this process is manual, making it labor intensive and error prone.

Electronic requisitioning reduces paperwork and saves time, but it doesn’t necessarily make your procurement staff more strategic. Take procurement to the next level by controlling spend. GHX combines automation with more accurate content, contract price validation and contract alignment. Our solutions provide visibility and control to help you pay on contract and identify savings opportunities.

GHX helps you tackle:

  • Off-contract, maverick spend: Control viewable content to the procurement team and choose which assets go into the contract file as searchable.
  • Low contract compliance: Reduce non-file and off-contract spend with added visibility into spend.
  • Price inaccuracy; price validation: Easily manage and resolve order exceptions via alerts through one portal before invoices are even generated.
  • Inaccurate item master data: Reduce billing and product coding errors by sending item master and PO history through the cleansing process.
  • Manual contract reconciliation: Eliminate manual contract reconciliation time through process automation and access to more accurate contract file information.
  • Contract underutilization: Control contract utilization with workflow tools that guide procurement staff to contract items on file.
     

Delivering real value to customers

Working with GHX, Hospital Sisters Health System dramatically increased its level of supply chain automation, centralized and streamlined its master data, and built a centralized master file operations team that provides visibility and transparency to spend. How can we help you?

GHX gave us the tools we needed in supply chain to get the cost savings we were being asked to achieve. Our supply chain goal was to reduce expenses by $12 million in fiscal year 2010, and we achieved more than $14 million in savings.
— Mark Weaver, Director Procurement and Contracting, Hospital Sisters Health System
Total Workflow Control with Hospital e-Procurement Solutions from GHX

Spurred by growing recognition of the supply chain’s role in achieving both cost and quality objectives, best-in-class healthcare organizations are taking a holistic approach to improving requisition workflow. These organizations no longer view procurement as a tactical supply chain function, but rather as a strategic impera¬tive at the enterprise level.

Enterprises have put technology to work in the procurement process, automating the often lengthy approval process and completing the purchase of medical-surgical supplies via the GHX health Exchange. GHX hospital e-procurement tools streamline and expedite a hospital’s once paper-based, labor-intensive requisition workflow process, and enable cost saving operations across other areas of supply chain management. Without e-procurement tools, organizations have little control when it comes to the purchasing of on-contract items, whether items are purchased at the correct contract price, and the length of time from requisition to PO to invoicing. 

Reduce Paperwork and Save Time with GHX Healthcare e-Sourcing Solutions

GHX healthcare e-sourcing solutions significantly reduce paperwork work and improve process workflow, saving countless hours of labor. Hospitals are under more pressure than ever before to control costs without compromising quality. In this challenging environment, all elements of a healthcare business are under review, from staffing to pharmaceuticals to supply chain operations.

When it comes to supply chain operations, procurement is becoming a key performance indicator for healthcare systems that need to better manage spend and contract compliance, as well as link costs, efficiencies and clinical outcomes. Procurement optimization, like any other business transformation, isn’t easy. It takes time, discipline and commitment by everyone involved. But the rewards that can be realized make it worth the effort.

GHX is a Healthcare Supply Chain Management company. Our main offerings include: Healthcare Industry Consulting, Automated Hospital Accounts Payable, Medical Business Intelligence, and Medical EDI.