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The awards recognize organizations and people who are "leading with purpose and building resilient supply chains that are foundational to patient care," GHX said in a statement.

In recent years, the drive to cut costs has often overshadowed building resilience. While saving money might look good on paper, it can compromise the long-term stability of the supply chain.

A resilient and efficient healthcare supply chain is critical for ensuring patients receive timely and appropriate care. In this episode, Tina Vatanka Murphy, President and CEO of GHX, shares how her company uses technology and data to strengthen fragile healthcare supply chains and prevent disruptions that can delay or cancel care. She explains that GHX serves all stakeholders, from manufacturers to hospitals, by anticipating issues before they affect patients. Tina challenges the misconception that procurement is only about cost, emphasizing that value-based care focuses on the best outcomes at the lowest total cost. She also underscores the importance of data, real-time feedback, and courageous leadership grounded in purpose, authenticity, and continuous growth. Tune in and learn how technology is revolutionizing the healthcare supply chain!

On May 15, GHX honored 15 healthcare providers and supplies for their exceptional commitment to advancing healthcare and supporting patients through the GHXcellence Awards.

By implementing automation and a unified approach to new device launches, the medtech industry can better serve all stakeholders and drive revenue while improving patient outcomes.

Healthcare is on the cusp of a significant digital transformation as it embraces the latest technologies, such as cloud-based systems, digital tools, machine learning and AI models.

GHX named 89 healthcare providers and supplier organizations to its 2023 Millennium Club, which recognizes organizations that have automated more than 1 million transactions annually through the GHX Exchange, signifying a commitment to a digital-first supply chain.

Global Healthcare Exchange awarded 25 medium health systems and hospitals with its inaugural supply chain distinction award based on "perfect order" metrics.

GHX awarded 25 large hospital systems, including Providence, Catholic Health and Mount Sinai Health System, for what the organization deemed a "perfect" supply chain.

On March 5, Global Healthcare Exchange named supply chains at 25 small health systems and hospitals as "perfect."

The healthcare industry's digital transformation will have a profound impact on the supply chain in 2024. Adoption of modern technologies, such as cloud computing, will lead to increased automation and efficiency.

Accrediting organizations such as CMS and OSHA have intensified their focus on the safety and security of healthcare facilities as incidents of violence continue to rise. Facility managers must work in collaboration with compliance teams and others to address new regulations.

The article shares five essential steps to help successfully embark on the journey to AI adoption.

AI and automation will buttress supply chain expertise to aid healthcare’s digital transformation, supporting emerging trends such as hospital-at-home.