Asante among only 12 Healthcare Organizations to Win Top Supply Chain Award from ECRI Institute
ECRI Institute, an independent nonprofit that researches the best approaches to improving patient care, recently announced that Asante was one of the winners of its third annual Healthcare Supply Chain Achievement Award.
“The purpose is to recognize the best of the 3,000 companies we work with,” said Jennifer Myers, VP of SELECT Health Technology Services at ECRI. “Less than one half of one percent receives this award. This is not a marketing gimmick, it’s an honor very few earn.”
The 12 institutions receiving ECRI Institute's excellence in supply chain award for 2014 are tackling tough issues and getting results in creating efficiencies and reducing costs. The prestigious award honors healthcare organizations that demonstrate excellence in overall spend management and in adopting best practice solutions in their supply chain processes.
Brian Murphy, director of Materials Management, said his team has done its best to adopt best practices in supply chain management. The results are revealing. Asante Rogue Regional has negotiated the lowest price in the country in almost one third of its catalog, according to ECRI. “Everyone in this department made this a mission and our clinicians have also embraced it,” Murphy said. “They are engaged in the process and they have been asking how we are doing.”
"Improving supply chain should be an international, national, and institutional priority as health systems seek to contain costs and make healthcare more affordable," says Jeffrey C. Lerner, PhD, president and CEO, ECRI Institute.
"As healthcare organizations continue to squeeze operating expenses, supply chain is a key target," said Myers. "The outstanding efforts of our twelve winning organizations reflect best practices that will enhance their value and role in the overall strategy of their organizations, helping to reduce costs, utilization, and readmissions while achieving better outcomes."
The winning organizations were chosen out of nearly 3,000 hospitals and health systems who subscribe to ECRI Institute's PriceGuide™ and SELECTplus™ supply and capital procurement advisory services. The selected organizations were recognized for a high level of dedication to improving healthcare quality and reducing costs by leveraging the full range of their ECRI Institute membership services.
The evaluation process included a complete study and analysis of each organization's purchase order history, submitted on a routine basis. In addition, ECRI Institute looked at supply chain initiatives that included ongoing and consistent spend management and market analytics efforts for all medical devices, including capital medical equipment, supplies, physician preference items, service contracts, reagents, and others.
Visit the 2014 Healthcare Supply Chain Achievement Award Winners Circle at 2014 Healthcare Supply Chain Achievement Award.