GHXcellence Awards

GHXcellence Awards recognize supply chain leaders that are driving savings and efficiency for their organizations, their trading partners and the healthcare industry through automation and best practices.

Excellence in Contract Management - Provider

This award is presented to the provider leading the drive for process efficiencies, contract optimization and compliance by automating contracting functions.

Prerequisite

  • Must be a GHX CCXpert and/or GHX Contract Manager user

Criteria considered

Note: Nominees are not required to meet all these criteria, nor are they limited to these. This criteria defines the range of accomplishment considered for this award. 

  • Reduction in off contract spend
  • Percentage of spend under contract
  • Improvement in contract compliance
  • Reduction in contract price exceptions
  • Improvement in contract price alignment
  • Incorporation of GLNs in systems and processes
  • Strategic execution – how contract management helps achieve organizational objectives

Nominations should include supporting documentation whenever possible. 

2017 Winner: Indiana University Health

  • Indiana University Health consistently looks for opportunities to improve automation and drive efficiency.

  • With determination, the team declared a high visibility goal that would require accountability — get back into the GHX Best 50.

  • Reducing contract price exceptions to find new savings opportunities was a critical goal for 2017. As an early adopter of the Price Sync Managed Service solution, contract price exceptions are down to only 0.8 percent.
2017 - Indiana University Health
2017 Winner -
Indiana University Health
2016 - Excellence in Contract Management - provider
2016 Winner -
Mount Sinai Health System
2015 - Excellence in Contract Management:
2015 Winner -
Lane Regional Medical Center