Global Healthcare Exchange, LLC (GHX) today announced a new cloud-based solution for healthcare that provides the critical connection between the supply chain and the electronic health record (EHR) applications used by more than 95% of healthcare providers in North America. GHX Clinical ConneXionSM is the first healthcare solution to provide a single source of truth for item information to support clinical documentation and patient billing, including supply and implant capture…
Global Healthcare Exchange, LLC (GHX) announced that Astronaut Captain Scott Kelly will be headlining the upcoming 18th annual GHX Healthcare Supply Chain Summit, May 7-9, 2018 at Red Rock Resort in Las Vegas. Early discounted registration is open now, as well as nominations for the GHXcellence Awards where GHX annually honors the top performing and most forward-thinking organizations and individuals.
The GHX Healthcare Supply Chain Summit is an intensive, three-day…
Global Healthcare Exchange, LLC (GHX) announced that it is working with healthcare providers across North America to help them significantly expand automation of supplier relationships for order automation. Historically, leading hospitals have been challenged to expand their automated supply chain relationships beyond suppliers that support electronic integration. Healthcare organizations can now activate all their suppliers with a new service from GHX. The Managed Service for Purchase Order Acknowledgement (POA), supports…
The strategic importance of the healthcare supply chain means that supply chain leaders and teams are increasingly called upon to help tackle a variety of critical healthcare issues, including the shift to a value-based care model, improving clinical performance, reducing risk, and deriving maximum value from EHR integrations. This week, in concert with the Association for Healthcare Resource & Materials Management’s (AHRMM) annual “National Healthcare Supply Chain Week,” October 1-7,…
Global Healthcare Exchange, LLC (GHX) today announced the lineup for its Fall 2017 GHX Summit Series, an annual educational webinar series spotlighting some of healthcare’s most visionary supply chain leaders. Topics for the one-hour webinars, which begin on Thursday, Oct. 5, and occur through the remainder of the year, were selected from the most popular and highly rated sessions at the 2017 GHX Supply Chain Summit. The goal of the…
Global Healthcare Exchange, LLC (GHX) today announced the new GHX Vendormate Credentialing mobile application, the first mobile solution available to both healthcare suppliers and providers to help drive increased vendor credentialing compliance. By putting these capabilities on the mobile devices most often used by healthcare professionals, GHX is making it easier for vendor program compliance and increasing provider visibility into compliance information. The new GHX Vendormate Credentialing mobile application with…
Cash and working capital improvement will be critical to success in the year ahead and improvements in order-to-cash cycle time is the priority according to new research announced by Global Healthcare Exchange, LLC (GHX). The GHX-commissioned Institutional Investor market report “Driving Performance Through Automation,” based on a survey of 100 financial executives from healthcare suppliers, reports that 88 percent of executives say pressure to improve cash and working capital performance…
Global Healthcare Exchange, LLC (GHX), a provider of connected, intelligent healthcare supply chains, announced it has entered into a definitive agreement with Temasek, an investment company headquartered in Singapore, for a significant equity investment in the company. As part of the agreement, Thoma Bravo, a leading private equity firm that acquired GHX in 2014, will retain a minority position. Financial details were not disclosed. The current GHX senior management team…
Global Healthcare Exchange, LLC (GHX) announced the GHXcellence Award winners at the 2017 GHX Healthcare Supply Chain Summit awards banquet yesterday in National Harbor, Md. The awards, presented to provider and supplier organizations for the past 17 years, recognize the leaders and visionaries that are leveraging supply chain automation to remove waste, cut costs and improve patient care.
GHX selected winners based on a combination of performance metrics and strategic…
Global Healthcare Exchange, LLC (GHX) today announced the new My Exchange order management system for healthcare’s largest e-commerce network. The new system delivers the industry’s highest levels of visibility and collaboration between provider and supplier trading partners for order management.
My Exchange was unveiled at the GHX Healthcare Supply Chain Summit, an annual industry event taking place today through Wednesday in National Harbor, Md. The new system is built on…
Global Healthcare Exchange, LLC (GHX) today announced its redesigned cloud-based business intelligence application, Provider Intelligence. The new solution provides enhanced visibility into healthcare providers’ operational and financial performance based on information from multiple sources and continues GHX’s strategy of driving more value through its CoreX platform.
Provider Intelligence was redesigned to provide healthcare organizations better access to critical supply chain metrics using data from GHX solutions as well as the…
Global Healthcare Exchange, LLC (GHX) announced the healthcare provider and supplier organizations named to the GHX Millennium Club for achieving the highest levels of healthcare supply chain automation. These organizations generate more than one million automated transactions (including advanced order sets, among others) annually through the GHX Exchange, helping to improve the cost-quality equation in the healthcare industry.
The Millennium Club organizations were selected by GHX based on an evaluation…
Global Healthcare Exchange, LLC (GHX) today announced GHX Managed Services, a new suite of technology and services to help healthcare providers and suppliers improve supply chain automation and drive contract compliance. The first service introduced is Price Synchronization (Price Sync) Managed Service which facilitates contract price alignment among trading partners and helps healthcare providers transact more accurately. Through increased contract compliance and reduced transactional reconciliation, customers can save up to…
Global Healthcare Exchange, LLC (GHX) released fourth quarter 2016 data and 2016 results for distributed sales in both Medical-Surgical (Med-Surg) and Clinical Laboratory (Clin-Lab) product segments in healthcare. The new GHX Market Intelligence “By the Numbers” quarterly report revealed that the Med-Surg segment grew 5 percent year over year in the fourth quarter 2016 to $9.6B in volume and the Clin-Lab segment grew 12.4 percent year over year to $2.15B…
Global Healthcare Exchange, LLC (GHX) has announced its annual list of the healthcare provider organizations being recognized as the 2016 GHX “Best 50” Supply Chains in North America for their work in improving operational performance and driving down costs through supply chain automation. The recipients will be honored at the 17th annual Healthcare Supply Chain Summit, April 24-26, 2017 at the Gaylord National Resort in National Harbor, Md.
To select…
Global Healthcare Exchange, LLC (GHX), today announced it has rebranded Hap-X, the e-payables company it acquired in June 2016, to GHX ePay and integrated the solution into its electronic invoice and payment processing (EIPP) solutions suite. The end-to-end provider procure-to-pay and supplier order-to-cash solutions help improve the invoice and payment process across the entire healthcare trading community network, resulting in measurable cost savings. GHX ePay is the last critical step…
Predictive analytics and the use of data for informed decision making top the opportunities in 2017 identified by some of the leading supply chain provider organizations in North America. The results are based on a survey conducted by Global Healthcare Exchange, LLC (GHX) with its Best 50 provider organizations on priorities and outcomes for the healthcare supply chain in 2017.
The survey also revealed that top performing supply chain organizations…
Global Healthcare Exchange, LLC (GHX) annually honors the top performing and most forward-thinking organizations and individuals through its GHXcellence Awards program. GHX is expanding that recognition with four new awards: Excellence in UDI & Standards for providers and suppliers, Excellence in ePayables for suppliers and Excellence in Contract Management for suppliers. Winners will be announced at the 17th annual Healthcare Supply Chain Summit, April 24-26, 2017 at the Gaylord National…