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.
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.
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.
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?
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.
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.
Piedmont Healthcare embarked on a master data management governance strategy and structure with a goal to perform sophisticated analytics to inform sourcing and purchasing. GHX engaged with a two-pronged approach with solutions for data cleansing and enrichment and managed services to increase contract price alignment.
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.
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.
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.