Harold Richards, admin director of Materials Management at Edward Hospital and Health Services, talks about loading those local contacts into, helping them protect negotiated prices and providing them peace of mind.
Learn how the GHX Collaboration Portal brings participants throughout the healthcare supply chain together in a single transparent collaborative environment. This video discusses the challenges of pricing alignment in healthcare and how Collaboration Portal helps eliminate unnecessary waste with a more effective way to manage healthcare contract pricing which can deliver real operational and financial benefits to all constituents in the healthcare supply chain.
Does your organization strive to be the best? Discover best practices used by GHX Best 50 Providers that tackle the challenges they encounter while identifying relevant Key Performance Indicators (KPIs) related to ongoing e-commerce metrics tracking.
Healthcare leaders share how the critical need for accurate data and a source of truth is found through working strategically with GHX drives improved order efficiency, customer service and operational savings for the industry as a whole.
Régine Honoré Villain, director of Supply Chain Management for Medical University of South Carolina, explains how her organization took control of its item master to meet standardization and cost savings initiatives and is using GHX NuVia.
Franco Sagliocca, former director, Procurement Systems & Operations for NYCH+H discusses working with GHX Business Solutions on the rollout of GHX tools that are helping HHC track spend and provide approved content for requisitioners in the item master.
Mike Rodman, manager Supply Chain Process and Data, explains how his team benefits from NuVia regularly because it enables them to normalize descriptions, identify duplicates in the system and troubleshoot them ahead of time.
PROcure Healthcare sees reduced costs and improved operational efficiencies working with GHX and has a strategic plan to double the number of POs that go through the GHX Exchange and increase the number of MetaTrade and Integrated vendors. Scott Williston, Director of Hospital Operations and Logistics, talks about how his team is able to be more proactive on backorders and get visibility into pricing discrepancies through GHX CCXpert.
Many organization’s talk about contract management and have a process, but even Gartner has now moved Contract Management from a “Nice to Have” to a “Must Have.” But where do you start? Right now most organizations have contracts spread throughout departments with inconsistent processes. How do you prioritize all of the different requirements?
Due to the unique nature of the operating rooms, it is almost impossible to avoid the “Bill Only” purchases, especially for implant or orthopedic surgeries. The list of issues related to this unique spend goes on and on – calls for PO numbers so invoices can be generated, invoices with incorrect PO numbers, items not on the PO or incorrect prices. Montefiore Medical Center and Zimmer Biomet have teamed up to bring the industry an innovative solution for managing this workflow.
Adventist HealthCare launched a supply chain transformation initiative in partnership with GHX to increase business process automation, contract compliance and visibility into order status, achieving a 78% increase in electronic trading partners, a 77% decrease in contract price exceptions and a 25% increase in contract matches.
A three-page case study describing how Bayhealth is using our content and contract management solutions to drive greater efficiency and accuracy throughout supply chain, financial and clinical processes.
After adding GHX Procurement Suite to its GHX solution set, Berkshire achieved a 99% paperless requisitioning process for non-file and off-contract purchases, enabling the organization to gain visibility across all of its supply spend, avoid maverick purchases and increase contract compliance.
Using GHX consulting services and products, Champlain Health Supply Services (CHSS) transformed its supply chain, putting it on track to meet a goal to achieve $32 million in supply chain cost savings over a 10-year period.
Chesapeake Regional Medical Center implemented GHX CCXpert to help automate management processes for GPO and supplier contracts, enabling the organization to increase contract compliance, reduce discrepancies and take advantage of early-pay discounts for hard-dollar savings.
A three-page case study demonstrating how Community Medical Centers (CMC), the region’s largest health care provider and private employer in Fresno, utilizes GHX content management and contracting solutions to drive compliance, efficiency and savings to their supply chain operations.
Doctors Community Hospital grew GHX Exchange utilization and implemented automated contract management for improved visibility and efficiencies, resulting in close to $100,000 in hard-dollar savings in two months and a more strategic role for the Materials Management team.
Working with GHX, HSHS has 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.
HSHS automated its content and contract management processes using GHX solutions to achieve more on-file and on-contract purchases and with more visibility into overall supply spend. HSHS rose to a 77% contract compliance rate in overall spend and applied UNSPSC to nearly 95% of contracted items. These accomplishments are maintained with only one FTE compared to an industry average of 5 to 6.
Integris engaged with GHX on a master data management and contract management strategy to improve item master data quality and better leverage its negotiated contract prices for product purchases. They achieved an estimated $3M in annual savings through better contract compliance and lower non-file spend, driving down price exceptions by 25 percent and contract exceptions by 65 percent.
Medical University of South Carolina implemented an automated content management solution to establish and maintain item master data integrity and embarked on a concerted effort to increase business process automation and contract compliance, achieving $1 million in cost avoidance, and $370,000 in savings related to contract and tier price compliance in less than 12 months.
Mount Sinai Health System engaged GHX Price Sync Managed Service to nearly eliminate contract price exceptions through the Exchange resulting in contract savings of over $400K in the first year of service.
With the belief that paying any price for a product other than what has been negotiated with the supplier is a disservice to its customers, the supply chain team at Northern Arizona Healthcare (NAH) engaged in a collaborative effort with its group purchasing organization (GPO), main distributor and GHX to improve contract compliance and order accuracy through process improvements and price validation using GHX solutions. This collaboration enabled the organization to achieve $450,000 in cost avoidance through correct pricing at the point of purchase, an estimated $25,000 in annual savings from DSO reduction, and an additional $132,000 in savings from price change validation.
A two-page case study describing how Onslow Memorial Hospital leveraged GHX consultants to help them optimize use of our CCXpert and Metatrade solutions. As a result, it identified a potential savings of $150,000 within their supply chain operation.
Saint Francis Hospital and Medical Center implemented automated content and contract management solutions to establish and maintain item master data integrity, resulting in an 87% reduction in non-file spend (from $33M to $4.3M), increased contract compliance and greater process efficiency.
In this case study learn how Seattle Children’s Hospital used the GHX Exchange, MetaTrade and CCXpert to improve operational performance and drive down costs through supply chain automation. Seattle Children’s Hospital received the GHXcellence Award for Healthcare Provider of the Year for small to medium hospitals at the 2016 GHX Summit.
GHX supported SAMC's conversion to a new Paragon ERP system and helped transform supply chain processes through a suite of GHX solutions. This helped SAMC increase electronic PO and invoice volume, improve contract pricing accuracy, and gain greater visibility into and control over its procure-to-pay process.
TransForm worked with GHX to significantly increase its volume of EDI transactions, growing its number of electronic
trading partners by 275 percent and transacting 90 percent of medical-surgical purchase order (PO) volume (80% of
total POs) through the GHX Exchange.
UMC Health System engaged GHX Consulting and Managed Services teams in a strategic effort to increase contract compliance, saving the organization $418,000. Additionally, UMC reduced price exceptions, increased contract compliance rates, identified key performance indicators (KPIs) for ongoing tracking and performance improvement, and more.
Vanguard Health Systems achieved greater control over and visibility into its procure-to-pay process throughout its 28 member hospitals, expanded its electronic trading partner base by 315%, and improved contract management with more than 75% of on-contract orders matched to a firm price list, resulting in about $800K in annualized savings.
Wake Forest Baptist Medical Center has improved its operational and financial performance by leveraging automated content and contract management solutions, which are significantly increasing on-file and on-contract purchases while streamlining previously labor-intensive, manual processes.
This 7-page white paper explores specific activities that increase Cost-to-Serve in healthcare and presents ways in which providers and suppliers can enact change today to increase value and reduce costs through collaboration, citing specific examples from leading provider and supplier organizations.
Two-page brochure provides an overview of GHX CCXpert for Lawson users, which helps healthcare providers maintain pricing accuracy through price validation, detailed historical purchasing reports and contract updates.
Two-page brochure provides an overview of GHX CCXpert for MEDITECH users, which helps healthcare providers maintain pricing accuracy through price validation, detailed historical purchasing reports and contract updates.
Two-page brochure provides an overview of GHX CCXpert for PeopleSoft users, which helps healthcare providers maintain pricing accuracy through price validation, detailed historical purchasing reports and contract updates.
Two-page brochure provides an overview of GHX CCXpert for PMM users, which helps healthcare providers maintain pricing accuracy through price validation, detailed historical purchasing reports and contract updates.
Two-page brochure provides an overview of the features and benefits of Collaboration Portal, including how it enables the the entire healthcare supply chain – manufacturers,
distributors, providers and Group Purchasing Organizations (GPOs) – to utilize a single software application to work collaboratively throughout the contract and price implementation process.
Finally, one place to manage all of your contracts. Contract Manager Xpert addresses the need for balancing access and security while also providing a way to stay current with dates, terms and contact information for all of your contracts.
To progressively influence supply chain performance you need robust workflow management tools, compliance insights, business intelligence and contract validation. Exchange Enterprise is the comprehensive solution suite that delivers in each of these areas with greater efficiency and expanded analytics.
Price Sync Managed Service provides a dedicated focus for ongoing contract price alignment. Significantly reduce exceptions and increase contract match rates for up to 3 percent savings of your total spend.
Procurement Suite helps healthcare providers realize a 12% return on med-surg spend by capturing and managing off-contract purchases, automating procurement and leveraging continuously updated, accurate contract data.
Managing spend takes a multi-pronged effort. A significant impact can come from driving formulary purchasing—by only presenting approved supplies to your requisitioners in their search from the start. The GHX Procure punchout module presents standardized descriptions and enriched data so your requisitioners can easily find the products they need and that align with your formulary. Orders are submitted through your pre-established workflow.