2001 GHX Press Releases

NEW ORLEANS, Feb. 6, 2001 - Global Healthcare Exchange, LLC (GHX) and Lawson Software are partnering to bring cost-effective, integrated electronic procurement to healthcare organizations. The companies will integrate the lawson.insight™ e-Procurement Service with GHX's healthcare exchange to provide an Internet procurement solution that streamlines purchasing processes and reduces costs without impacting quality of care. GHX and Lawson are committed to launching an initial pilot site in the second quarter of 2001. Lawson will provide all installation, training and basic customer support; GHX will provide integration assistance and ongoing marketplace connection support services. GHX, together with providers, suppliers and standardization bodies, is building a connected, verified industry catalog, maintained through GHX's deep connectivity with supplier members. This alliance highlights GHX's focus on maximizing healthcare provider value. Through this relationship GHX and Lawson create a more effective end-to-end user experience based on combined expertise. The lawson.insight e-Procurement Service will connect directly to this single-source pipeline and integrate it with a large number of internal software systems, enabling real-time updates for purchase orders, price quotes, order confirmations, order changes, sales history, shipment tracking, invoicing, payments, reconciliation, credits and rebates. This connection provides quality improvements as well as extra cost savings and improved service for hospitals. "As a result of this new alliance, hospital members can leverage their enterprise application investment and receive maximum value from an integrated e-procurement system," explained Mike Mahoney, GHX's president. "The resulting increased adoption of GHX among hospitals means acceleration of global industry standards that will benefit both healthcare providers and suppliers." With this GHX connection, as suppliers update pricing, product and other information, hospitals' Lawson systems will instantly utilize this data. Hospitals then create purchase orders, query for product details, pricing and availability - and receive responses directly from suppliers. "There's no doubt that trading exchanges bring significant value to the healthcare supply chain," said Jay Coughlan, president and chief operating officer, Lawson Software. "Lawson's e-Procurement Service greatly enhances that value by providing direct connectivity to leading exchanges and suppliers for online purchasing, and by integrating those transactions with Lawson's enterprise applications. It's that integration that allows us to fully automate the purchasing cycle and streamline the entire process." About Lawson Software Lawson Software is a leading provider of integrated e-business solutions. Lawson offers role-based Self-Evident Applications® (SEAs), transaction engines and e-business extensions powering financials, human resources, supply chain, analytic, enterprise relationship management and e-commerce solutions. IDC states that Lawson is "...primed for the next generation of enterprise-applications utility." According to the Aberdeen Group, "Lawson's commitment to Internet application standards and the delivery of e-business-enabling enterprise applications...should propel it to the forefront of this market space." Headquartered in St. Paul, Minn. and London, Lawson has offices and affiliates serving North and South America, Europe, Asia and Africa. Additional information about Lawson Software is available on the Web at www.lawson.com, or by calling (800) 477-1357, ext. 100. About Global Healthcare Exchange Global Healthcare Exchange, LLC (GHX), provides business-to-business procurement solutions for the healthcare industry. Utilizing Internet-based technology, the company seamlessly integrates hospitals and suppliers, thereby improving efficiencies and adding value throughout the supply chain. GHX provides single-source ordering and tracking for both medical and non-medical products. The privately held company was founded in March 2000 and now comprises more than 70 supplier members and more than 150 hospital members. Equity members of GHX include Johnson & Johnson, GE Medical Systems, Baxter International Inc., Abbott Laboratories, Medtronic Inc., Becton, Dickinson and Co., Boston Scientific Corporation, C.R. Bard Inc., Guidant Corporation and Tyco International, Ltd. For more information visit www.ghx.com. Contacts Cheryl Flury Director of Marketing Global Healthcare Exchange 720.887.7000 Terry Boevers, Public Relations Manager, Lawson Software (651) 767-4709, terry.boevers@lawson.com Diane Mitnick, Media Relations (215) 830-9958, mitnickpr@aol.com Lisa Miller or Jason Rodman BRW LeGrand (for GHX) 1860 Blake St., Suite 640 Denver, CO 80202 303.298.8470 lmiller@brwlegrand.com
Posted on Tuesday, February 06, 2001 Posted by host
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