Summary: ECRI has recognized 12 U.S. healthcare systems with its 2024 Healthcare Supply Chain Excellence Award for outstanding performance in spend management and best practices in supply chain processes. The award highlights their ability to navigate global supply chain challenges while maintaining quality care.

Key Takeaways:

  • The award honors organizations that have successfully used ECRI’s data-driven services to optimize procurement and manage supply chain complexities.
  • ECRI’s supply chain programs have identified over $13 billion in savings opportunities annually for healthcare organizations across the U.S.

ECRI, a global nonprofit focused on patient safety, has announced the winners of its 2024 Healthcare Supply Chain Excellence Award. This annual award recognizes U.S. healthcare organizations for excellence in spend management and the adoption of best practices in supply chain processes.

Recognition for Outstanding Healthcare Systems

“We are thrilled to recognize twelve healthcare systems with our esteemed supply chain award this year,” said Marcus Schabacker, MD, PhD, President and CEO of ECRI. “These exemplary organizations have effectively navigated the ongoing challenges in the global supply chain market using ECRI’s evidence-based, data-driven services. Partnering with them in delivering exceptional, cost-efficient patient care is an honor.”

2024 Healthcare Supply Chain Excellence Award Winners:

  • Appalachian Regional Healthcare – Lexington, KY
  • Eskenazi Health – Indianapolis
  • Inova Health System – Falls Church, VA
  • Owensboro Health Regional Hospital – Owensboro, KY
  • Pomona Valley Hospital Medical Center – Pomona, CA
  • Seattle Children’s Hospital – Seattle
  • St. Joseph’s Healthcare System – Paterson, NJ
  • Tampa General Hospital – Tampa, FL
  • United Health Services Hospitals-Binghamton – Binghamton, NY
  • University of Texas MD Anderson Cancer Center – Houston
  • University of Texas Medical Branch Hospitals – Galveston, TX
  • University of Utah Hospital – Salt Lake City

Award Criteria and ECRI’s Impact

The award, now in its thirteenth year, honors healthcare organizations that utilize ECRI’s supply chain services across the procurement lifecycle, including budgeting, benchmarking, and technology assessment. Winners were evaluated on their 2023 spend management and market analytics efforts for capital medical devices, supplies, and more.

ECRI’s clients have identified over $13 billion in savings opportunities annually, and ECRI has analyzed nearly $74 billion in supply and capital spend over the past year. Over 3,000 U.S. hospitals and health systems are members of ECRI’s supply chain programs.

“This year’s winners have tackled complex issues in the healthcare supply chain, including geopolitical and economic instability, digital transformation, and logistical challenges,” said Tim Browne, Vice President of Supply Chain Solutions at ECRI. “Their commitment to data analytics and best practices has empowered them to make evidence-based decisions that maintain quality patient care.”