Provider / Contracting
A Strategy to Significantly Reduce Price Exceptions
Reducing price exceptions can yield great savings. The trick is in continuous improvement by getting to the root cause of the problem. We pull back the curtain to show you how we get results.
CASE STUDY: The Total Economic Impact of the GHX Platform
Cost savings and business benefits enabled by the GHX platform for a healthcare provider and a healthcare manufacturer based on the Forrester Total Economic Impact model.
INFOGRAPHIC: The Forrester Total Economic Impact of the GHX Platform for a Provider
This infographic highlights the key provider metrics from the Forrester Consulting Total Economic Impact™ (TEI) study of the GHX Platform
Price Sync Managed Service
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.
Exchange Enterprise
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.
CCXpert for PMM Users
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.
CCXpert for PeopleSoft Users
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.
CCXpert for Meditech Users
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.
CCXpert for Lawson Users
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.
CCXpert
Two-page brochure provides an overview of GHX CCXpert, which helps healthcare providers maintain pricing accuracy through price validation, detailed historical purchasing reports and contract updates.
Reducing Cost-to-Serve in Healthcare
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.
Gaining Control of Your Hospital's Fastest Growing Operating Expense
This 7-page white paper explores methods for improving an organization’s contract management performance through automation and process and resource optimization.
Wake Forest Baptist Medical Center Cuts Costs and Gains Efficiencies Through Content and Contract Management Strategy
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.
Supply Chain Automation and Standardization Drive Greater Efficiency and Hard Dollar Savings for Vanguard Health Systems
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.
UMC Health System Leverages GHX Services to Generate $418,000 in Contract Savings
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.
Accurate, Enriched Item Data Drives Desired Results
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.
Torrance Memorial Medical Center Takes Proactive Approach to Contract Management
GHX Business Solutions helped Torrance Memorial align its purchase order-related spend to its GPO contracts, ensuring that they knew the contract and the pricing tier they were accessing.
Supply Chain Automation Supports Growing UCSF Health System
Using GHX solutions, UCSF has automated and standardized 90% of its supply chain process across its vast health network to significantly improve efficiency and eliminate waste.
Southeast Alabama Medical Center Improves Order Accuracy and Contract Compliance
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.
Seattle Children’s Hospital Maximizes Use of GHX Solutions to Drive Continuous Performance Improvement
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.
Automated Content and Contract Management Drives Greater Savings for Saint Francis
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.
Onslow Memorial Hospital Identifies Nearly $150,000 in Potential Savings with Help of GHX Consulting Services
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.
Northern Arizona Healthcare Generates Significant Savings Through GHX Contract and Content Management Solutions
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.
New York City Health and Hospitals Corporation Transforms Supply Chain
Using GHX consulting services and products, HHC transformed its supply chain into a strategic asset, cutting costs, improving operational performance, and achieving a $14 million annual savings goal.
Mount Sinai Health System nearly eliminated contract price exceptions after partnering with GHX Price Sync Managed Service
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.
Memorial Hermann Healthcare System Takes “Major Leap” in Contract Management
Using CCXpert, Memorial Hermann was able to increase total contracts loaded to GHX from 373 to 904 and increase the dollar value ordered through GHX from $3.2 million to $5.2 million.
INTEGRIS Leverages GHX Content and Contract Management Solutions to Achieve an Estimated $3M in Annual Savings
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.
Data Integrity, Visibility and Collaboration Enable Hackensack University Medical Center to Control Spend
HUMC's approach to cost containment in its procure-to-pay processes included new technology, process changes and an effort to drive collaboration among clinicians, departments, its GPO and suppliers.
Fostering Collaboration and Trust Through Data
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.
Automated Contract Management Helps Doctors Community Hospital Gain Visibility and Reduce Exceptions
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.
Community Medical Centers’ Content and Contract Management Strategies Drive Greater Compliance, Efficiency and 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.
Chesapeake Regional Medical Center Reduces Exceptions and Achieves Hard-Dollar Savings through Automated Contract Management
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.
Champlain Health Supply Services Collaborates to Achieve Supply Chain Savings
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.
Bayhealth Drives Greater Efficiency and Accuracy to Supply Chain, Financial and Clinical
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.
The Item Master is the Center of the Universe at Medical University of South Carolina
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.
Peace Health Successfully Centralizes Data with the NuVia Content Management Solution
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.
Enhancing the Value of Supply Chain at Saint Francis Hospital and Medical Center
Ask David Walsh, administrative director, Supply Chain, how the item master impacts his organization: “If I keep that clean, the rest of my life goes nice and smooth."
Trends in IDN Contracting
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?
Saint Francis Hospital and Medical Center Keeps Data Up-to-Date and Accurate with NuVia
David Farrar, MMIS analyst, talks about the value of NuVia in helping his organization to continually stay in sync with manufacturer, and vendor, item IDs as well as ensure correct contract pricing.
Champlain Health Works with GHX to Achieve $32 Million in Savings
John Martin, regional lead at Champlain Health Supply Services, talks about how his organization is on track to achieve $32 million in supply chain savings well before its 10-year goal.
Edward Hospital and Health Services Protects Negotiated Prices with GHX
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.
ROi Improves the Value of Its Item Master with NuVia
Sharon Serra, manager of Content Services, ROi, talks about how NuVia helps her organization manage content and provides ongoing data cleansing.
Ranking and Paving the Way to Best 50 Performance
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.
Leading Healthcare Organizations Strategically Align with GHX for Continuous Improvement
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.