GHXcellence Awards

GHXcellence Awards recognize supply chain leaders that are driving savings and efficiency for their organizations, their trading partners and the healthcare industry through automation and best practices.

Excellence in Contract Management - Provider

This award is presented to the provider leading the drive for process efficiencies, contract optimization and compliance by automating contracting functions.

Prerequisite

  • Must be a GHX CCXpert and/or GHX Contract Manager user

Criteria considered

Note: Nominees are not required to meet all these criteria, nor are they limited to these. This criteria defines the range of accomplishment considered for this award. 

  • Reduction in off contract spend
  • Percentage of spend under contract
  • Improvement in contract compliance
  • Reduction in contract price exceptions
  • Improvement in contract price alignment
  • Incorporation of GLNs in systems and processes
  • Strategic execution – how contract management helps achieve organizational objectives

Nominations should include supporting documentation whenever possible. 

2019 Winner: Riverside Health System

2019 - Riverside Health System
  • Managing contracts in one place is key to staying on top of new and expiring contracts. With 73 percent of lines validating against a contract, Riverside Health System had over 59 percent of spend under a contract and a 10 percent reduction in off contract spend in 2019.

  • The team is able to quickly identify and resolve contract related issues, including on contract items that are missing the ordering unit of measure (UOM) or vendor part numbers, as well as high spend items that are not matched to a contract.

  • Through this work, Riverside Health System reduced contract price exceptions by 67 percent and overall price exceptions by 54 percent, with exceptions as low as 0.18 percent during the year.
2018 - Excellence in Contract Management - Provider
2018 Winner -
University Hospitals Health System, Inc.
2017 - Indiana University Health
2017 Winner -
Indiana University Health
2016 - Excellence in Contract Management - provider
2016 Winner -
Mount Sinai Health System
2015 - Excellence in Contract Management:
2015 Winner -
Lane Regional Medical Center