PVHMC Earns ECRI 2024 Healthcare Supply Chain Excellence Top Honor

Pomona Valley Hospital Medical Center (PVHMC) has earned the 2024 Healthcare Supply Chain Excellence Award from ECRI, a global patient safety nonprofit organization. ECRI’s annual award recognizes U.S. healthcare organizations for achieving excellence in overall spend management and adopting best practice solutions into their supply chain processes.

PVHMC was among 12 medical centers in the nation to earn this achievement and the only facility in California.

“Our optimized supply chain process ensures that our Associates and physicians have access to their preferred medical devices, supplies and technology to administer high quality medical care, which enhances clinical efficiency and improves health outcomes for our patients,” said Richard E. Yochum, FACHE, President/CEO of Pomona Valley Hospital Medical Center. “This recognition also highlights our commitment to fiscal responsibility and sustainable allocation of resources.”

The Healthcare Supply Chain Excellence Award, now in its thirteenth year, recognizes members of ECRI’s portfolio of supply chain services who demonstrate exemplary utilization of services across the procurement lifecycle, including budgeting, benchmarking, technology assessment, and strategic development. As part of the selection process, ECRI evaluated candidates’ 2023 spend management and market analytics efforts for capital medical devices, supplies, physician preference items, service contracts, and reagents.

"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."

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

"This year’s winners have tackled complex issues in the healthcare supply chain, including geopolitical and economic instability, digital transformation of the procurement process, healthcare shifting to non-acute settings, and environmental factors that complicate logistics,” shared 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. We are proud to partner with them and contribute to their success."