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FAYETTEVILLE – Cape Fear Valley Health has been awarded a Supply Chain Excellence Award from Premier, Inc., an alliance of approximately 3,900 U.S. hospitals and more than 150,000 other provider organizations.

The Supply Chain Excellence Award recognizes high-value purchasing practices of hospitals and facilities, which help maintain a healthy bottom line while meeting patient needs.

Cape Fear Valley Health was one of just 14 hospitals nationwide to win the award for 2018, and the only winner in North Carolina. The award will be formally announced June 21 during Premier’s annual awards conference, held this year in Nashville, Tenn.

Winners were chosen based on their supply expenses compared to total operating expenses, net patient revenue, patient length of stay and patient discharges.