Monument Health Honored with Curvo's 2023 Award for Excellence in Sourcing
l-r: Paul Pruett, Curvo Customer Success Manager; Monument Health CFO Mark Thompson and Brad Haupt, Vice President of Supply Chain; and Curvo Vice President of Customer Experience, Joe Jackson. (Photo Credit: Curvo)
EVANSVILLE, Ind., October 10, 2023 (VSNewsNetwork.com) - Monument Health Supply Chain has been recognized with the Curvo 2023 Customer Performance Excellence Award, acknowledging its stellar performance in strategic sourcing. The award spotlights healthcare supply chains that exhibit remarkable performance across five distinct categories: Physician Alignment, Cost Reduction, Supplier Relations, Reduction of Product/Clinical Variation, and Technology Utilization.
Presenting the award were Joe Jackson, Curvo's Vice President of Customer Experience, to Monument Health's Vice President of Supply Chain, Brad Haupt; Executive Medical Director, Dr. Deepak Manmohan Goyal; and CFO, Mark Thompson. Reflecting on the achievement, Dr. Goyal commented, “We're proud of what we’ve accomplished, because ultimately, the goal is to benefit patients. Through strategic sourcing, we make a real contribution to affordable, quality healthcare. This is part of our journey towards the creation of a ‘Clinically Integrated Supply Chain’.” Brad Haupt added, “The ability to improve on so many aspects of our sourcing processes has transformed our results, and we’re honored to be recognized for it.”
Monument Health has registered notable achievements through its sourcing efficiency on the Curvo platform:
Physician Alignment: Haupt and Goyal's strategic partnership in 2019 successfully standardized supply chain products, overcoming initial lack of physician support.
Cost Reduction: Over a span of two years, Monument Health managed to cut down costs by $2,800,000 across various physician preference item categories.
Supplier Relations: The proactive approach of the supply chain established trust with suppliers, compelling them to prioritize Monument Health RFPs.
Reduced Product and Clinical Variation: There was a marked reduction in clinical variation, and an upswing in product standardization through committed contracts in several domains.
Technology Utilization: Monument Health showcased exemplary usage of the Curvo Platform, with sourcing activities placing it in the top percentile. This effective utilization led to the completion of an RFP in under 22 days.
Curvo Co-Founder and CEO, Andy Perry, expressed, “With this award, we honor the hard-working, innovative teams that serve as models for the modern healthcare supply chain. This recognition highlights how clinically aligned teams with the right technology elevate their supply chain and add real value to the care they deliver their communities.”
Learn more at www.monument.health and www.curvolabs.com.
Source: Curvo via Newswire
