The Unique Device Identifier (UDI) has the potential for significant impact on both suppliers and providers, following the Food and Drug Administration’s (FDA) final ruling on UDI requirements. The opportunity for the healthcare community to derive value from the final ruling was the topic of the Dec. 4 Implantable Devices Supply Chain Special Interest Group (SIG) meeting. Online polling of participants during the SIG meeting revealed that suppliers are ahead…
GHX, recognized for the industry’s largest connected, intelligent healthcare supply chain, hit two key milestones in a year marked by product innovation, customer wins and industry recognition. The company increased its trading partner relationships to 357,000 unique connections, an increase of 26 percent from 2012. It also hit a record $5 billion single month transaction dollar volume in October 2013, illustrating that the healthcare industry is increasingly focused on automation…
The healthcare industry has been primed for healthcare reform and according to GHX, 2014 will bring even more change to the business of healthcare. The company is predicting that 2014 will be a year of great healthcare evolution, not necessarily revolution, with organizations focused on lowering costs while improving patient care. GHX has identified what it considers the biggest trends for the coming year: industry consolidation and partnerships, collaborative approaches…
GHX today announced three new consulting services for hospitals targeting the high levels of inaccuracy and inefficiency that result from a lack of automation in the implantable device supply chain (IDSC), an area responsible for $50 billion in annual spend(1) and $5 billion(2) in losses across provider and supplier organizations each year. GHX, the first to develop an end-to-end supply chain solution for implantable devices, now adds GHX IDSC Services…
The healthcare industry has driven over $121 million in costs out of the supply chain through the NuVia℠ Content Management Solution since January 2010 when GHX began its "5 in 5"pledge to take $5 billion out of the cost of healthcare in five years. By implementing master data management strategies with NuVia at their core, healthcare providers in the U.S. and Canada have improved transactional and pricing accuracy, reduced overpayments…
Today’s long-awaited release of the U.S. Food and Drug Administration’s (FDA) final Unique Device Identification (UDI) rule has far-reaching implications not only for manufacturers, but also for the healthcare community as a whole. While the rule introduces additional, complex requirements for manufacturers, it likewise opens the door to great opportunities. Those manufacturers that take a holistic, strategic approach to UDI can derive operational benefits, while helping their customers capture better…
The University of Wyoming Department of Computer Science welcomes health care supply chain technology company GHX as a partner in its Industrial Affiliates Program.
“The Industrial Affiliates Program provides a link between academia and our industry, which is important because the health care supply chain is quickly gaining visibility and growing in importance as hospitals look for ways to cut costs and become more efficient,”says Cheryl Flury, vice president…
GHX and SCL Health System, a faith-based, not-for-profit health care organization based in Denver, confronted the challenge of declining reimbursements in healthcare by addressing the conversion from manual to automated processes in the operating room and the importance of contract and price synchronization at the recent Implantable Device Supply Chain Special Interest Group (SIG) meeting.
The July 19 SIG focused on best practices for contract synchronization around price, catalog number,…
GHX is delivering a mobile operating room to the AHRMM13 Annual Conference in San Diego, July 28-31. In a first-of-its-kind demonstration, the GHX booth (#411) will be transformed into a mobile operating room to showcase the company’s new Case Xpert(SM) end-to-end implantable device supply chain solution.
The GHX mobile operating room will be on the AHRMM Exhibit Hall floor and open for 15-minute Case Xpert demos on Monday and Tuesday,…
GHX announced today that Nedzad Fajic has been named president of GHX Europe. Fajic will direct the European leadership team, lead the company's European operations and support customer success.
A resident of Cologne, Germany, Fajic brings 20 years of IT and leadership experience with some of Europe’s largest and most successful companies, including SAP, Siemens and Infor Global Solutions. He was also voted one of the 100 most influential people…
GHX and the Premier healthcare alliance have partnered to deliver new functionality to Premier members using the price activation portal. This agreement will connect Premier members to a collaborative environment that includes distributors and enables all four parties to a contract to collaborate in a real-time environment, allowing them to reduce costs and improve efficiencies.
Premier, the nation’s largest performance improvement alliance of more than 2,800 U.S. hospitals and 95,000…
The country’s current fiscal path is accelerating the change required to transform healthcare into a sustainable industry. Progressive, forward-thinking healthcare trading partners are looking to the supply chain to not only alleviate growing financial strain, but also to act as a tool to help deliver value.
Karen Conway, executive director of industry relations at GHX, will join Mary Beth Briscoe, chief financial officer (CFO) at University of Alabama (UAB) Health…
GHX today announced the winners of its 13th Annual GHXcellence Awards, honoring supply chain leaders that are driving significant savings and efficiency for their organizations, their trading partners and the healthcare industry through automation and best practices. The winners were honored today at the 2013 GHX Healthcare Supply Chain Summit in Las Vegas.
New this year, GHX is honoring an individual supply chain leader for his/her work in improving the…
GHX kicked off the thirteenth annual Healthcare Supply Chain Summit today at the Red Rock Resort &Spa in Las Vegas. Bringing together nearly 600 healthcare professionals from hospitals, suppliers, distributors and GPOs, the Summit has become the world’s largest and most well-respected healthcare supply chain event. This year’s conference is dedicated to the idea of “We Are Change”– promoting collaboration, transparency, technology adoption and forward thinking to change the healthcare…
A collaborative effort between Anne Arundel Medical Center (AAMC) and GHX to drive supply chain savings through greater process efficiency and contract compliance has been chosen by Supply &Demand Chain Executive as one of its 2013 100 Great Supply Chain Projects. The award program honors supply chain solution and service providers that are helping their customers achieve supply chain excellence and prepare for the post-recessionary return to growth.
AAMC is…
Today’s healthcare industry is in the midst of great change, yet it is also a time of great opportunity for providers and suppliers to embrace those changes and work collaboratively to create the future state of healthcare. The theme of the 2013 GHX Healthcare Supply Chain Summit (May 20-22 in Las Vegas) is “We are Change,”which reflects the urgent need for healthcare organizations to challenge the status quo, collaborate with…
GHX today announced Case XpertSM and Order IntelligenceSM, the healthcare industry’s first end-to-end supply chain solutions for managing and tracking implantable medical devices, including the physician preference items (PPI) used in operating rooms. Case Xpert and Order Intelligence are the first of the GHX solutions designed to address the estimated $5 billion in revenue losses currently recorded every year by healthcare providers and manufacturers due to the lack of automation…
To demonstrate Case XpertSM, the industry’s first implantable device supply chain (IDSC) solution, in a real-world setting, GHX is running a mobile operating room (OR) theater at the 2013 GHX Healthcare Supply Chain Summit, May 20-22, in Las Vegas. The mobile OR will give attendees a chance to experience Case Xpert in action. Registration is now open but space is limited.
The mobile OR gives Summit attendees an opportunity to…
The Association for Healthcare Resource &Materials Management (AHRMM) of the American Hospital Association will present a workshop and breakout session on the association’s Cost, Quality, and Outcomes (CQO) Movement at the upcoming GHX Healthcare Supply Chain Summit, to be held May 20-22 in Las Vegas. Launched in January, the CQO Movement will help to shape the future of the healthcare supply chain by preparing those working in the field to…
GHX and its supplier and provider customers have surpassed $3 billion in supply chain savings for the North American healthcare market. This is a major milestone in the company’s “5-in-5”goal, which aims to take $5 billion out of the cost of healthcare during the five year program, ending December 31, 2014. By running supply chain processes more efficiently and collaboratively, GHX and its customers are leading the charge in transforming…
| ||
For their work in improving operational performance and driving down costs through supply chain automation, GHX is honoring 50 healthcare provider organizations with its 2012 GHX Best 50 Customer awards. The award recipients will be honored at the 2013 GHX Healthcare Supply Chain Summit, which takes place May 20-22, 2013, in Las Vegas.
To select the Best 50, GHX looked across the landscape of more than 4,000 hospitals in the…
For the second consecutive year, GHX is inviting its member community to submit nominations for one provider and one supplier organization to receive a GHXcellence Industry Impact Award, which recognize two organizations that have had the greatest impact on the healthcare supply chain. New this year, GHX is also inviting nominations for its 2012 GHXcellence Leadership Award, honoring an individual supply chain leader for his/her work in improving the…
The editors of Supply &Demand Chain Executive magazine have chosen Derek Smith, newly appointed chief commercial officer for GHX, as a 2013 "Provider Pro to Know" for his work in driving the development of software solutions that create a more connected, efficient and streamlined supply chain infrastructure for the healthcare industry.
Now in its 13th year, the Supply &Demand Chain Executive "Pros to Know" awards recognize both ends of the…
Business-to-business office solutions provider Grand &Toy has joined the GHX electronic trading exchange to meet the needs of its healthcare customers for more efficient and sustainable supply chain processes. Healthcare providers connected to GHX can now transact business with Grand &Toy electronically, reducing manual labor and driving down costs through collaborative data sharing and automation.
Grand &Toy is offering its Canadian healthcare customers the ability to process a complete set…