The Economic Cycle Research Institute (ECRI) named Intermountain Healthcare among eight winners of its annual Healthcare Supply Chain Achievement Award, which honors organizations that demonstrate excellence in overall spend management and in adopting best practice solutions in their supply chain processes.
ECRI is an independent, nonprofit, organization that researches the best approaches to improve patient care.
Intermountain's Supply Chain Organization is recognized as a leader in efforts to reduce supply costs by specifying, purchasing, and distributing supplies wisely, as well as by effectively providing a range of support services. In 2012, the SCO saved Intermountain an estimated $55 million.
Intermountain was selected from nearly 2,500 hospitals and health systems. ECRI said the eight honorees "reflect best practices that will enhance their value and role in the overall strategy of their organizations, helping to reduce utilization and readmissions while achieving better outcomes."