Yes! On December 20, GHX announced an all-new Supply Chains of Distinction Award, effective with the 2023 performance year.
About the new award
Across the GHX Exchange-connected community of healthcare providers, this annual award will identify healthcare’s top-performing organizations. The award celebrates organizations with the most successfully executed perfect order metrics, driving best-in-class efficiencies that ultimately raise the quality of patient care.
The Supply Chains of Distinction Award begins with the 2023 performance year: January 1 – December 31, 2023. Recipients for 2023 will be announced Q1-2024.
How award recipients are chosen
The Supply Chains of Distinction Award is based upon a set of “perfect order” metrics, rated as a percentage of PO lines sent across the GHX Exchange (integrated) that are touchless and completely automated, from purchase through payment. The line must satisfy all the requirements below to be rated as “perfect”:
1. PO Line has a corresponding POA Line
2. PO Line has a corresponding INV Line
3. PO Line without Item Number Exception
4. PO Line without Unit of Measure Exception
5. PO Line without Unit Price Exception
6. PO Line without a Rejection Exception
7. PO Line without a Quantity Exception
Metrics will be measured on a full calendar year basis, then ranked. The top 50 ranked organizations will be named that year’s award recipients. Effective February 2023, customers can view their January 1 and beyond metrics in a new Perfect Order Dashboard within the new Supply Chain Analytics (SCA) app.