Best in Business Awards - 2024

OVERVIEW: For nearly four decades, ECRI has been a trusted leader in healthcare supply chain optimization, offering the most comprehensive GPO-agnostic datasets in the industry. Serving over 3,000 U.S. hospitals and healthcare facilities, ECRI’s solutions enable organizations to reduce clinical spend, enhance patient outcomes and overcome supply chain challenges with confidence.

IMPACT ACHIEVED: ECRI analyzes $74 billion in supply and capital spend annually, delivering transformative results. Clients have identified $13 billion in annual savings opportunities through ECRI’s advanced analytics, predictive modeling and functional equivalent algorithms, which pinpoint clinically comparable products at reduced costs. These insights drive product standardization and utilization optimization, allowing clients to achieve financial goals without sacrificing safety or quality.

DISTINCTIVE EDGE: What sets ECRI apart is its integration of spend, clinical, safety and quality data across thousands of medical categories, offering forward-looking insights and early alerts for device recalls or safety concerns. ECRI’s unique algorithms simplify clinician buy-in for cost-saving measures, ensuring seamless decision-making and risk mitigation. ECRI’s innovative approach, commitment to client success and comprehensive decision-support solutions have reshaped the healthcare supply chain, delivering measurable results and advancing operational excellence for its partners.