The Total Economic Impact of the GHX Platform | GHX

The Total Economic ImpactTM Of The GHX Platform

Cost Savings And Business Benefits Enabled By The GHX Platform For A Healthcare Provider And A Healthcare Manufacturer
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Download this study by Forrester Consulting that examines the potential return on investment (ROI) enterprises may realize by deploying the GHX platform and related products and services to automate the procure-to-pay and order-to-cash cycles.

The study consists of two individual case studies, covering both provider and supplier organizations, and presents the ROI, the 3-year net present value (NPV), the payback period, and the savings delivered by identified benefits (see bullets below) for each organization. The study presents the Total Economic Impact (TEI) for organizations maximizing utilization of the GHX platform.

The Total Economic Impact™ Of The GHX Platform is a July 2016 commissioned study, conducted by Forrester Consulting on behalf of GHX.
Provider Benefits
  • Reduced buyer intervention/effort for discrepant orders.
  • Reduced buyer effort for simple order entry (nondiscrepant).
  • Savings from the total cost of goods.
  • Savings from integrated electronic invoicing.
  • Infrastructure and consumable cost savings.
Supplier Benefits
  • Supplier FTE efficiency gain: PO and order acceptance entry.
  • Supplier FTE effort reduction in order intervention from improved purchase order accuracy.
  • Supplier 810 Invoice and discrepancy-related write-off savings.
  • Improved cash flow cost of capital savings.
  • Supplier cost avoidance of separate EDI connections.