Industry
Healthcare
Healthcare
1 more industry(es)Independent Economic Impact Study Reveals 367% ROI for GHX Healthcare Exchange Platform
Summary
A Forrester Consulting Total Economic Impact study found that automating supply chain management with the GHX Exchange platform delivered significant ROI and operational efficiencies for both a major ...
Products
Software
GHX Exchange Platform
A cloud-based healthcare supply chain management solution enabling automation of demand-to-pay and order-to-cash cycles for providers and suppliers.
Sample Category
Sample Product 2
Sample product description for demonstration purposes.
1 more products available
Challenges
- Manual and error-prone order processing leading to discrepancies and write-offs.
- Lack of real-time visibility into operations
- Difficulty in scaling current infrastructure
2 more challenges available
Solutions
- Deployment of GHX Exchange platform and related solutions to automate demand-to-pay and order-to-cash cycles.
- Deployed real-time monitoring and analytics platform
- Migrated to cloud-based scalable infrastructure
2 more solutions available
Outcomes
- 367% combined ROI for supplier and provider organizations.
- Achieved 24/7 real-time visibility and monitoring
- Successfully scaled operations to support 3x growth
- Decreased operational costs by 40% annually
- Improved data accuracy and accessibility by 85%
- Automated 70% of manual processes
5 more outcomes available
Target Organization
unknown
Description: The study focuses on both a $3 billion global healthcare supplier and an 800-bed healthcare provider with $1.5 billion annual spend, both using GHX solutions to automate supply chain management.
Industry:Healthcare