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.

Trading Partner Pair of the Year

This award is given to a provider and supplier (manufacturer or distributor) who are jointly leveraging supply chain automation and efficiency technologies within their trading partner relationship, and setting the gold standard for collaboration and mutual savings.

Prerequisite

  • Partners must both be members of the GHX Exchange

Criteria considered

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

  • Percentage and/or increase of total of the pair’s mutual business volume going through the Exchange
  • Use GHX data to improve business processes and lower costs to serve, and costs to procure
  • Reduction in price exceptions
  • Increase in contract commitments and compliance

Nominations should include supporting documentation whenever possible. 

2017 Winner: Olympus & Vanderbilt University Medical Center

  • Making the most of every opportunity to build better trading partner relationships, Olympus and Vanderbilt began a collaborative effort to improve price alignment after representatives from each organization met at the 2017 GHX Summit.

  • A mutual emphasis on driving overall efficiency on the part of both organizations provided a foundation for constructive dialog about products ordered, contracts, appropriate pricing and practical solutions to issues.

  • Effective communication and collaboration on price alignment and accurate contract details has helped Olympus and Vanderbilt align to contracts and keep tiers updated within their respective systems. 

  • Through this work they have driven down price exceptions from 40 percent to the low single digits in only six months.
2017 - Olympus & Vanderbilt University Medical Center
2017 Winner - Trading Partner Pair of the Year
Olympus & Vanderbilt University Medical Center
2016 - Trading Partner Pair of the Year
2016 Winner - Trading Partner Pair of the Year
GlaxoSmithKline and U.S. HealthWorks
2015 - Trading Partner Pair of the Year
2015 Winner - Trading Partner Pair of the Year
Montefiore Health System and Zimmer Biomet

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