Simplify Bill-Only Implant and Consignment Orders
The way hospitals and suppliers manage bill-only implant and consignment orders is broken. GHX can help.
Managing bill-only implant and consignment orders can be highly complex and error-prone for providers and suppliers alike.
Tasks range from inventory tracking and billing and coding to manual order entry. GHX can help eliminate these manual steps and enhance cross-functional collaboration between providers and suppliers.
Customer Testimonial
Real-World Success Story
Don Emery, Senior Manager of Supply Chain Procure-to-Pay at HCA Healthcare, shares how the Vendor Bill Only (VBO) project, built in partnership with GHX, has improved billing accuracy and reduced processing time. The initiative achieved over 93% accuracy and cut the time from surgery to invoice by more than six days, benefiting both hospitals and vendors.
The next frontier of healthcare digital transformation
The nuances of bill-only implant and consignment orders (e.g., timing, number of items, components, sizes) make them particularly hard to manage electronically. Success requires overcoming resistance to change, navigating the complexities of data integration and interoperability, and managing disruptions to existing workflows.
Maximum automation. Minimum data.
GHX can help health systems and suppliers work together to establish a mutually agreed-upon minimum data set, eliminating the need for protected health information (PHI). This helps reduce misalignment between providers and suppliers on what information is needed to process bill-only implant and consignment orders electronically while keeping patient data safe.
Watch
How Order Automation Works
Automating your bill-only implant and consignment orders management processes may seem daunting. Find out how GHX's solutions help automate purchasing and payments for complex orders in this short video.
Provider Solutions for Bill-Only Implant and Consignment Order Automation
Device Standardization
GHX helps manage and document evaluations of implants with access to clinical evidence to inform value analysis discussions with physicians.
Digitized Documentation
GHX validates, enriches and transforms order and invoice transactions, enabling faster, touchless and more accurate processing through electronic formats.
Streamlined Order Entry
Staff scan consignment implants and related supply data electronically into the EHR and ERP, reducing manual entry and helping ensure accuracy.
Automated Communication
GHX automates order and invoice processing with suppliers for consignment implant order placement, confirmation and invoicing.
Real-Time Inventory Tracking
Real-time visibility into implant and related supply availability, pricing and ordering processes helps to streamlines communication with suppliers.
Data-Driven Insights
GHX analytics generate reports, track trends and reveal insights into purchasing patterns, financial performance and implant utilization.
Supplier Solutions for Bill-Only Implant and Consignment Order Automation
More Touchless Transactions
Increase efficiency and accuracy while improving customer experience.
Automated Payments & Accelerated Cash Flow
Digitize invoices and payments for cost-saving efficiency and better cash flow.
Accurate Order Information
Fast track order processing and head off problems with advanced logic.
Guide
Get our step-by-step guide
GHX's bill-only implant and consignment order automation guide is the first recommended practices guide of its kind and is designed to help you improve consistency, increase visibility, manage pricing more effectively and better control the complexities of bill-only and consignment ordering processes.
Real-World Success Stories
UNC Health: Transforming the Industry
Automation Success at a Leading Supplier
HCA: Automating EDI Processes
Froedtert Health: Managing Complex Orders
More Customer Stories
Case Study: Froedtert Health
Supply chain leaders wanted to know why they couldn't automate high-dollar implants. Data revealed the issue and strategic collaboration solved it.
Case Study: Medtronic Canada
Consignment implant POs were causing unnecessary frustration and costs for its customers, so Medtronic sought a more efficient digital solution.
Contact us to find out how to get started today
By submitting my information here, I consent to GHX entities and their service providers processing my information to respond to my request, including transferring my data to other countries, as described in the GHX Privacy Policy.