Provider Solutions

Beyond Connectivity to Strategic Procurement

To address the healthcare supply chain from a strategic perspective, improve the procure-to-pay process and get the most benefit from e-commerce, a foundation of accurate content is key.

Why?

Errors in data result in downstream discrepancies and associated costs. For providers, costly errors mean:

• More staff time spent on reconciliation and rework
• Lost opportunities for early pay discounts
• Overpayments on purchases
• Wrong products ordered resulting in overstock and canceled surgeries
• Unanticipated costs incurred through rush orders, freight charges, returns and restocking fees

Connect & Transact

By connecting to the GHX Exchange, buyers and sellers can transact business electronically with multiple trading partners through a single channel , reducing or eliminating the costs associated with establishing and maintaining separate EDI connections with each e-commerce supplier or customer. By helping hospitals and suppliers maximise the number of trading partner relationships, GHX can help increase the percentage of products that can be bought and sold electronically.  As part of your efforts to manage costs, you may realise that a significant amount of money is spent on manual, inefficient supply chain processes.

Our Exchange Services solution can help you gain control over these processes by significantly reducing the costs associated with processing your business documents.With Exchange Services, you'll be able to connect with all of your healthcare suppliers through a single point of connection, and access tools that monitor the accuracy and track the delivery.

Manage Your Data

Today’s dynamic healthcare environment requires a content strategy that goes beyond data cleansing and item master maintenance. Most likely, your organization is in need of supply data that supports, enhances and connects all hospital systems with the minimum amount of maintenance and redundancy.

Leverage GHX to gain better cost control, increase volume discounts, and manage contracts more effectively. By building strategic relationships with your suppliers, you can monitor key performance indicators and enhance supplier performance while lowering your supply chain costs through higher contract utilization.

Greater accuracy and better visibility helps to reduce costs and improve efficiencies, while helping hospitals identify new contracting opportunities. Our solutions will provide users with a way to more effectively manage the dynamic nature of contract information.

GHX can help you accelerate the use of standards. BY synchronising GS1 Global Trade Identification Numbers (GTINs) with the point of demand systems that exist within your organisation and Global Location Numbers (GLNs) to your organisations ship-to-locations. The adoption of industry standards delivers numerous benefits such as ensuring that the right products used in patient care are delivered to the right place at the right time.

Automate Requisitions

Today, supply chain automation makes it possible to gain visibility into and control over demand channels, turning them into a strategic asset. The GHX Procurement Suite combines electronic requisitioning with the foundation of sound content, accurate contract price validation and contract alignment. These capabilities enable providers to procure products from the most current catalogue data while also ensuring that they are selecting products on contract. This will significantly reduce non-file and off-contract spend.

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