The award honors healthcare organizations that demonstrate excellence in overall spend management and for implementing best practice solutions in their supply chain processes.
“At Piedmont, we’re doing our part to reduce healthcare costs while simultaneously improving quality of care,” Joe Colonna, vice president of supply chain at Piedmont Healthcare, said in a statement. “Since 2013, we’ve cut costs significantly — mostly by working with ECRI and clinicians to standardize the way we select and order medical supplies across the system.”
Piedmont Healthcare was selected from nearly 3,000 hospitals and health systems that participate in ECRI Institute’s PriceGuide and SELECTplus supply and capital procurement advisory programs. According to ECRI’s utilization review, 25 percent of Piedmont’s supply chain spend is at the lowest price available for those items. Another 46 percent is below the median price.
More articles on supply chain management:
Healthcare Supply Chain Association supports legislation to control generic drug price spikes
Create an unbreakable supply chain in the eye of the storm
Medline is now HDG’s prime vendor for various supplies and value-added programs: 4 things to know
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