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GHX Names 50 Best Healthcare Providers for Supply Chain Excellence

by Jasmine Pennic 02/19/2020 Leave a Comment

Healthcare Supply Chain Market Private Equity Firm Acquires GHX, Healthcare Supply Chain Leader

GHX Names 50 Best Healthcare Providers for Supply Chain Excellence

– Today, GHX recognized the top 50 performing U.S. and Canadian providers for supply chain excellence chosen from a pool of more than 4,100 hospitals in the U.S. and Canada based on their operational performance, ability to drive down costs through the supply chain.  

– After labor, the supply chain is the second largest cost for hospitals and health systems. Improving supply chain processes and performance is essential to reducing costs and driving overall efficiency across the industry. 


 Global Healthcare Exchange, LLC (GHX) today recognized North America’s highest performing healthcare provider organizations with the release of its annual GHX “Best 50” supply chains in North America. The “Best 50” honorees stand out amongst North America’s premier hospitals for their ability to demonstrate improved operational performance and drive down costs through supply chain automation. The 2019 recipients will be honored at the 20th annual GHX Summit, April 27 – 29, 2020 at the Gaylord National Resort in National Harbor, MD. 

Best 50 Criteria

To select the “Best 50,” GHX analyzed a pool of more than 4,100 hospitals in the U.S. and Canada connected to the GHX electronic trading exchange. GHX’s “Best 50” is comprised of the highest scorers in areas such as maximizing document automation, Exchange utilization, and trading partner connections during the 2019 calendar year. 

Criteria period for consideration as a Best 50 honoree is a full calendar year, Jan. 1 – Dec. 31, 2019. To qualify, providers must have:

●      Four complete closed quarters on the GHX Exchange (from first PO date)

●      More than 10,000 PO lines processed annually

Best 50 providers are ranked for each of the following “big three” exception types (the lower the exception rate, the higher the rank):

●      Price Exception (price exceptions/PO lines)

●      SKU Exception (SKU exceptions/PO lines)

●      UOM Exception (UOM exceptions/PO lines)

Rankings also take into account:

●      Gross transaction volume (GTV) per bed (i.e., PO GTV / staffed beds)

●      Number of PO trading partners

The 2019 GHX Best 50 customers are as follows (in alphabetical order):

Allina Health

Aspirus, Inc.

Bellin Health

Blanchard Valley Health System

Catholic Health System WNY

Children’s of Alabama 

Community Medical Centers – Fresno

El Camino Hospital, Mountain View

Franciscan Missionaries of Our Lady Health System

Hackensack Meridian Health

Lehigh Valley Health Network

Lexington Medical Center

Loma Linda University Health

Los Angeles County Department of Health Services

MetroHealth System

Michigan Medicine

Mohawk MedBuy Corporation

Mount Sinai Health System

North Memorial Health

NorthBay Healthcare

Parkland Health & Hospital System

Parkview Medical Center

The Queen’s Health Systems

Riverside Health System

Saint Francis Hospital and Medical Center

St. Joseph’s Health

St. Luke’s Health System

Scripps Health

Seattle Children’s Hospital

Southwest General Health Center

San Antonio Regional Hospital

TransForm Shared Services Organization

TriHealth

Tucson Medical Center

UC Davis Health

UCI Health

UCLA Healthcare

UC San Diego Health

UCSF Health

UF Health

University of Kansas Health System

University of Maryland Medical System

University of Utah Health

University of Virginia Health System

UW Medicine – Harborview Medical Center

UW Medicine – University of Washington Medical Center

Vanderbilt University Medical Center

Wellforce

Westchester Medical Center Health Network

Yale-New Haven Health System

“It’s an honor to celebrate this select group of North America’s leading hospitals that are going the extra mile to provide both quality and high value healthcare for their patients through supply chain excellence,” said Bruce Johnson, president & CEO, GHX. “Our hope is this Best 50 honor is just one of the many factors helping to motivate hospitals to find efficiencies in their supply chains, setting the bar slightly higher for excellence each year. We congratulate this year’s Best 50 members on their accomplishments.”

Tagged With: Allina Health, GHX, Hackensack Meridian Health, Health Systems, honor, MD, Mount Sinai, Partners, Premier, Scripps, Scripps Health, UCSF, WASHINGTON, Wellforce

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