For their work in improving operational performance and driving down costs through supply chain automation, GHX has recognized 50 U.S. healthcare provider organizations with its 2012 GHX Best 50 Customer awards. Five of those – including Crouse Hospital – were named to the Top 5 list for generating more than $1 million in supply chain savings in 2012.
GHX is a global company that works with healthcare providers to reduce inefficiencies in the healthcare supply chain. It was founded in 2000 by leading medical product manufacturers
Johnson & Johnson; GE Healthcare; Baxter International; Abbott Laboratories and Medtronic.
To select the Best 50, GHX looked across the landscape of more than 4,000 hospitals in the U.S. and Canada currently connected to the GHX electronic trading exchange and identified top performers on a number of key metrics, such as purchasing and invoice volume, exchange utilization and trading partner connections. GHX then identified the 50 healthcare organizations that scored highest across all of these categories during the 2012 calendar year.
The top five organizations on the Best 50 list are, in order:
1. Virginia Mason Medical Center (Seattle)
2. Edward Hospital and Health Services (Naperville, IL)
3. Tufts Medical Center (Boston)
4. Crouse Hospital (Syracuse)
5. Scottsdale Healthcare (Scottsdale, AZ)
Looking at results for 2012, each of the top five organizations - the largest of which is a three hospital system with fewer than 800 beds and the smallest is a single hospital with fewer than 300 beds - saved an average of $1M by working with GHX to automate purchase orders and invoices, take control of contract spend and increase their electronic trading partner connections.