July 28, 2023 – Global Healthcare Exchange released the “Consignment Implant Order Automation Guide,” the first industry guidelines designed to help solve the complex challenge of automating implant orders which comprise 40-60% of total supply chain spend.
The guidelines are the result of deep industry collaboration which began at GHX Summit 2022 where the company established a working group of approximately 20 leading provider and supplier organizations including Cleveland Clinic and UNC Health. This group continued to meet throughout the year to discuss and establish guidelines for optimizing implant order management, a longstanding challenge for the healthcare industry.
For decades, providers and suppliers have been plagued by complexities in the clinical supply management process, putting patient safety and quality outcomes at risk. Misalignment and inconsistencies in system capabilities and customer preferences has caused providers and suppliers to default to inefficient, manual processes that create gaps in getting the right product to the right patient at the right time.
The Consignment Implant Order Automation Guide is the first known recommended practices guide of its kind in the industry and will help improve consistency, visibility, and control of pricing and the invoice to payment process.