Finance & Credit / Positive Performances / Supply Chain (SC) Headlines / Technology

Medical University Hospital Authority Chooses GHX to Optimize its Supply Chain

Medical University Hospital Authority (MUHA), located in Charleston, S.C., has selected healthcare supply chain technology provider GHX to help automate its purchasing and accounts payable processes, increase visibility into spend, and drive contract compliance. MUHA expects the supply chain transformation initiative, which GHX will help enable, will help it contain costs, standardize processes, and deliver care more efficiently to its patients.

Under a contract with GHX, MUHA will join the GHX exchange, the largest healthcare-centric electronic trading platform in the world. GHX will also provide a suite of procure-to-pay (P2P) technologies, called Procurement Suite, for item master management, real-time contract and price management, and requisitioning and workflow control, as well as the OnDemand AP e-invoicing package, to address inefficiencies identified in its supply chain and help MUHA achieve the cost savings goals it has set for itself.

In addition, GHX will deliver consulting services through the GHX Business Solutions group, which will include optimizing people and processes to more efficiently use the technology solutions MUHA has chosen.

"With declining reimbursements and other challenges facing the healthcare industry, it is imperative that we look at every means possible to capture all the revenue to which we are entitled, and to cut costs wherever possible without impacting patient care," said Lisa Montgomery, chief financial officer at MUHA.

"In the end, it's all about trying to improve the bottom line by making our supply chain lean and efficient," Regine Honore, MUHA's director of Supply Chain Management, said. "We've taken a proactive approach to cost containment that will help us improve how we're recognizing items that are revenue items, eliminate duplication of processes, and standardize what we're doing as we buy medical-surgical products. And that will help us take care of our patients more efficiently."

You must register or login in order to post comments.

Multimedia

Videos

Image Galleries

Extreme Logistics

Extreme Logistics profiles the various ways that specialized cargo is transported around the world under demanding time, temperature, and handling requirements.

Podcasts

The Growth of Canadian e-Commerce and Logistics to Canada

The growth of Canadian e-commerce and logistics to Canada is on the rise with online Canadian purchases from U.S. retailers expected to jump to $31 billion (CAD) by 2015. U.S. retailers with an e-commerce platform need to identify a solid Canadian supply chain now to maximize revenue later. Learn from the Canadian logistics experts how your business can be successful at transporting your goods across the border into Canada.

Presented by: Purolater

More Podcasts

Export Controls

Will the U.S. government's reform of Export Controls affect your business?
See Poll Results Poll Archive

WT100 STORE

world-class-warehousing.gif
World-Class Warehousing and Material Handling, 1st Edition

Filled with proven operational solutions, it will guide managers as they develop a warehouse master plan, one designed to minimize the effects of supply chain inefficiencies as it improves logistics accuracy and inventory management - and reduces overall warehousing expense.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Smoother Moves Calculator

Pacer Smoother Moves CalculatorPacer has designed a unique and easy-to-use tool to help you determine the potential dollar savings and carbon emission reductions generated by using Pacer intermodal services versus trucking.

STAY CONNECTED

Facebook Twitter You Tube