Combined power of Procurement Suite and OnDemand AP® can help 2,900 acute care hospitals in the Amerinet network improve processes and contain costs
ST. LOUIS and LOUISVILLE, Colo., Jan. 23, 2012
ST. LOUIS and LOUISVILLE, Colo. , Jan. 23, 2012 /PRNewswire/ — Amerinet, a national healthcare solutions organization, will offer its 2,900 acute care hospital members a suite of procure-to-pay (P2P) solutions from healthcare technology and services company GHX to help the hospitals improve procurement and accounts payable processes and drive contract compliance, resulting in up to 12 percent savings on medical-surgical supply spending.
In announcing the agreement for Procurement Suite and OnDemand AP®, Amerinet said its members will be able to take advantage of the full range of (P2P) capabilities offered by GHX, including item master management, real-time contract and price management, requisitioning and workflow control, and invoice automation.
Procurement Suite by GHX combines several technologies designed to provide visibility into, and control over, spend—especially non-file and off-contract spend. It helps enable process efficiency while driving contract compliance. Leveraging a content management platform (NuVia), contract optimization capabilities and connectivity to the majority of suppliers from which hospitals purchase products, Procurement Suite provides a foundation of accurate data with an easy-to-use interface designed to capture procurement occurring outside of materials management.
OnDemand AP automates the accounts payable (AP) process, helping healthcare providers realize increased efficiencies and reduced costs through touchless invoicing. It streamlines invoice receipt, document image and data capture, purchase order matching, exception management and workflow, enabling users to move toward 100 percent electronic invoicing. By shortening the invoice-to-payment cycle, hospitals can take greater advantage of early-pay discounts, maximize labor efficiencies and reduce hard-dollar costs—up to 50 percent in some cases.
“This is just another example of how our industry can bring costs down faster when it works together as a community,” said Bruce Johnson , GHX president and CEO. “GHX technology provides the engine that helps enable the industry to adopt better business practices so it can continue to provide high-quality patient care.”
As a leading national healthcare solutions organization, Amerinet collaborates with acute and non-acute care providers to create and deliver unique solutions through performance improvement resources, guidance and ongoing support. With better product standardization and utilization, new financial tools beyond contracting and alliances that help lower costs, raise revenue and champion quality, Amerinet enriches healthcare delivery for its members and the communities they serve. To learn more about how Amerinet can help you successfully navigate the future of healthcare reform, visit www.amerinet-gpo.com.
Global Healthcare Exchange, LLC (GHX), a healthcare technology and services company, helps reduce the cost of doing business in healthcare by enabling better supply chain management. GHX makes it easier for hospitals, other healthcare providers and the suppliers that do business with them to drive cost and inefficiency out of their processes. Working with GHX, the healthcare organizations that make up the GHX Global Network are on track to save $5 billion by 2014—savings that can be invested in such things as hiring more nurses, providing care to uninsured children or developing new medical products. GHX is owned by organizations on both the buy and sell side of the healthcare supply chain, including some of the largest companies in the world. Find GHX on the Web, on Twitter @GHX_LLC and on Facebook @GHX.