HackensackUMC Honored at 16th Annual GHXcellence Awards

July 27, 2016

(HACKENSACK, NJ, July 27) HackensackUMC, a member of Hackensack Meridian Health, was honored as a GHXcellence Award winner at the 2016 Global Healthcare Exchange, LLC (GHX) Healthcare Supply Chain Summit awards banquet held recently in Austin, Texas. The awards, presented to provider and supplier organizations for the past 16 years, recognize the leaders and visionaries leveraging supply chain automation to remove waste, cut costs and improve patient care.

HackensackUMC was named the Provider of the Year (Large) by GHX. HackensackUMC also attained the #1 ranking in the GHX Best 50 category. GHX’s client base is comprised of more than 4,000 medical providers in the United States, Canada and Europe. The ranking is based on the facility’s level of automation and accuracy of each transaction.

“Due to the high level of automation achieved by the Purchasing Department at HackensackUMC, team members are no longer merely processing orders. They now have more time to focus on achieving value added outcomes,” said Karl Blomback, vice president, DSS, CDM, Materials Management, HackensackUMC.  “Due to cost reductions, the department has saved the medical center an average of $23,000,000 per year since 2008.”

This year, GHX added the new Millennium Club Award for provider and supplier organizations that generate over one million automated transactions annually through the GHX Exchange, as well as eight new provider awards to the 2016 GHXcellence program, which blend quantitative and qualitative criteria to honor true healthcare supply chain leaders and innovation. Additionally, the GHX Provider Best 50 were also recognized at the awards luncheon.

“This is a highlight of the Summit each year, an opportunity for GHX to recognize the professionals and organizations that are paving the way for true supply chain excellence in healthcare,” said Scott Kelley, vice president, North America Sales and Marketing, GHX. “These GHXcellence winners represent the best and the brightest in healthcare supply chain innovation and success. I am honored to recognize them as they facilitate transformation within the supply chain.”

GHX selected the winners based on quantifiable performance metrics around success in automating business processes, including increases in POs and number of trading partners.

About GHX
Global Healthcare Exchange, LLC (GHX) drives costs out of healthcare with cloud-based supply chain management technology and services in order to help enable better patient care and savings by maximizing automation, efficiency, and accuracy of business processes. GHX offers healthcare providers and suppliers an open and neutral electronic trading exchange that delivers procurement and accounts payable automation, contract and inventory management, vendor credentialing and management, business intelligence, and other supply chain-related tools and services. For more information, visit www.ghx.comand The Healthcare Hub.

About Hackensack Meridian Health
Hackensack Meridian Health is a leading not-for-profit health care organization that is the most comprehensive and truly integrated health care network in New Jersey, offering a complete range of medical services, innovative research and life-enhancing care.  Hackensack Meridian Health comprises 13 hospitals, including two academic medical centers, two children’s hospitals and nine community hospitals, physician practices, more than 120 ambulatory care centers, surgery centers, home health services, long-term care and assisted living communities, ambulance services, lifesaving air medical transportation, fitness and wellness centers, rehabilitation centers, and urgent care and after-hours centers. Hackensack Meridian Health has 28,000 team members, more than 6,000 physicians and is a distinguished leader in health care philanthropy, committed to the health and well-being of the communities it serves.

The Network’s notable distinctions include having one of only five major academic medical centers in the nation to receive Healthgrades America’s 50 Best Hospitals Award for five or more consecutive years, the number one hospital in New Jersey as ranked by U.S. News and World Report, consistently achieving Magnet® recognition for nursing excellence from the American Nurses Credentialing Center, recipient of the John M. Eisenberg Award for Patient Safety and Quality from The Joint Commission and the National Quality Forum, a six-time recipient of Fortune’s “100 Best Companies to Work For,” one of the “20 Best Workplaces in Health Care” in the nation, and the number one “Best Place to Work for Women.”  Hackensack Meridian Health is a member of AllSpire Health Partners, an interstate consortium of leading health systems, to focus on the sharing of best practices in clinical care and achieving efficiencies.

The hospitals of Hackensack Meridian Health include: academic medical centers – HackensackUMC in Hackensack, Jersey Shore University Medical Center in Neptune; children’s hospitals – Joseph M. Sanzari Children’s Hospital in Hackensack, K. Hovnanian Children’s Hospital in Neptune; community hospitals –  Ocean Medical Center in Brick, Riverview Medical Center in Red Bank, HackensackUMC Mountainside in Montclair, HackensackUMC Palisades in North Bergen, Raritan Bay Medical Center in Perth Amboy, Southern Ocean Medical Center in Manahawkin, Bayshore Community Hospital in Holmdel, Raritan Bay Medical Center in Old Bridge, and HackensackUMC at Pascack Valley in Westwood.