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Joint HHC/GHX Project Earns Honors in Supply & Demand Chain Executive's 2011 Executive 100
Date:5/10/2011

LOUISVILLE, Colo., May 10, 2011 /PRNewswire/ -- New York City Health and Hospitals Corporation (HHC) and GHX were named to the Supply & Demand Chain Executive 100 for a joint project that helped transform HHC's supply chain into a strategic asset. This year's list, "100 Great Supply Chain Projects," highlights supply chain transformation projects that have produced exceptional business results for an enabler's client.

Three years ago, HHC faced a billion-dollar deficit and a 1.4 million patient population that was heavily reliant on the city hospital system. With an estimated $350 million annual spend for medical-surgical supplies, HHC's supply chain presented a key opportunity for savings to help close its budget gap. However, with a manual procure-to-pay process, the organization needed a more efficient and effective way to gain visibility into what it was spending and a stronger capability to use that visibility to better control spend to achieve its savings objectives.

"In this era of industry reform, healthcare trading partners have been compelled to view the business of healthcare in a completely different light," said GHX CEO Bruce Johnson. "Where the supply chain was once an obscure area of operations hidden from senior leadership, it is fast becoming a focal point for leading healthcare organizations, such as HHC. At GHX, we are working hand in hand with our clients to transform how they conduct business in this new environment, enabling them to cut costs, reduce waste and secure the long-term financial viability of their organizations."

HHC engaged GHX's Consulting Group, Business Solutions, to assess its supply chain, identify the break points and construct new processes, policies and procedures across its procure-to-pay footprint that would help enable the organization to maximize savings and reduce waste. HHC first automated its procure-to-pay process by employing e-commerce with nearly 400 trading partners thr
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