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BioMedix Joins Global Healthcare Exchange
Westminster, Colo. and St. Paul, Minn., March 23, 2001 BioMedix, the fastest growing developer, manufacturer and distributor of state-of-the-art medical systems that help physicians assess, diagnose and treat cardiovascular disease, is proud to announce its decision to join Global Healthcare Exchange (GHX), LLC as a supplier member. In joining the exchange, BioMedix teams with other GHX supplier members including 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.

“Cardiovascular disease is the leading cause of death for both men and women domestically, killing over 2,600 people each day in the U.S. alone,” states BioMedix President John Romans. “By joining GHX, BioMedix is able to facilitate tremendous savings in cost and time for our customers and consequently improve our industry’s fight against heart disease and stroke.”

“We are excited to welcome BioMedix to our team of strategic supplier members. BioMedix and our other suppliers are key to our mission of reducing procurement costs across the entire healthcare supply chain, from manufacturer to distributor to hospital,” says GHX President Mike Mahoney.

Created exclusively for the healthcare industry, GHX’s Web-based technology is designed to connect hospitals to a normalized, verified industry-standard catalog from which they can purchase both medical and non-medical products. Key to GHX’s solution is its flexibility in connectivity options for all its members, along with the creation and on-going maintenance of its online catalog based on industry standards. Together, these deliverables assure hospitals access to the most reliable pricing, availability, and order tracking information.

About BioMedix
Founded in July 1997, BioMedix, Inc. is the fastest growing developer, manufacturer and distributor of state-of-the-art medical systems that help physicians assess, diagnose and treat cardiovascular disease, the number one killer of men and women in the United States. BioMedix specializes in noninvasive vascular testing with products suitable for mobile applications as well as high volume in-office applications. All BioMedix products are FDA approved with established HCFA reimbursement codes and are based on the same digital software platform, enabling end-users to custom design dynamic networking configurations. For more information, visit www.biomedix.com

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 75 supplier members and 200 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 wwww.ghx.com

Contacts
Cheryl Flury
Director of Marketing
Global Healthcare Exchange
720.887.7000

BioMedix, Inc.
1-877-298-8470
Direct: 1-651-762-4010
info@biomedix.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 Friday, March 23, 2001
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