Owens & Minor, Inc. Named U.S. Healthcare Supplier of the Year: Large Organization in GHXcellence Aw

Owens & Minor, Inc. Named U.S. Healthcare Supplier of the Year: Large Organization in GHXcellence Awards

GHX annual awards program honors best of the healthcare supply chain

RICHMOND, Va.--(BUSINESS WIRE)-- Owens & Minor, Inc. (NYS: OMI) today announced that it has been named U.S. Healthcare Supplier of the Year: Large Organization in the 13th AnnualGHXcellence Awards for leveraging supply chain automation and trading partner collaboration to drive out costs, reduce waste and improve business performance. The winners were announced at the 2013 GHX Healthcare Supply Chain Summit - the largest event that brings together both the buy and sell sides of the healthcare supply chain.

According to GHX, the awards were granted to organizations that excelled in meeting specific criteria during 2012, including:

  • Highly effective utilization of GHX supply chain solutions to increase efficiency, automation and accuracy of supply chain business processes
  • Growth in the number of trading partners with whom they conduct e-business
  • Growth in the percentage of purchase orders transacted electronically for provider organizations; growth in the percentage and response time of purchase order acknowledgements for suppliers
  • Growth in the percentage of invoices transacted electronically
  • Reduction in order and invoice discrepancies and errors

"To be named U.S. Healthcare Supplier of the Year in our category by GHX is an honor for all of us at Owens & Minor," said Rick Mears, SVP & Chief Information Officer of Owens & Minor. "We are pleased to be recognized by GHX for our collaborative work in implementing e-Commerce technology across healthcare. In working with our customers, both hospitals and manufacturers, we have found frequent opportunities to use GHX's e-Commerce solutions to improve the healthcare supply chain and generate momentum toward greater innovation."

"The GHX community is comprised of individuals and organizations actively seeking ways to drive greater operational and financial performance through supply chain improvements and each year we recognize the best of the best with our GHXcellence awards," said GHX President and CEO Bruce Johnson. "Through best practices, processes and technology, those GHXcellence winners honored today are setting the stage for the future economic sustainability of the healthcare industry."

About Owens & Minor

Owens & Minor, Inc., (NYS: OMI) a FORTUNE 500 company headquartered in Richmond, Virginia, is a leading national distributor of name-brand medical and surgical supplies. Owens & Minor also offers global third-party logistics services to pharmaceutical, life-science, and medical-device manufacturers through its European business unit, Movianto, and through its U.S.-based service, OM HealthCare Logistics. With a diverse product and service offering and distribution centers throughout the United States, the company serves hospitals, integrated healthcare systems, alternate site locations, group purchasing organizations, healthcare manufacturers, and the federal government. Owens & Minor also provides technology and consulting programs that improve inventory management and streamline logistics across the entire medical supply chain. For news releases, or for more information about Owens & Minor, visit the company website at www.owens-minor.com.

About GHX

Global Healthcare Exchange, LLC (GHX) is driving costs out of healthcare by transforming the healthcare supply chain. Working with providers and suppliers, GHX is accelerating change by providing a faster, more efficient and collaborative supply chain that will take billions of dollars out of the cost of healthcare. For more information, visit www.ghx.com and The Healthcare Hub.

For Owens & Minor:
Truitt Allcott, 804-723-7555
For GHX:
Kara Della Vecchia
mobile: 508-314-3127

KEYWORDS:   United States  North America  Virginia


The article Owens & Minor, Inc. Named U.S. Healthcare Supplier of the Year: Large Organization in GHXcellence Awards originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story