Your customers are your lifeblood. Your success depends on theirs. And today, your customers are experiencing significant financial hardships.

With declining revenues and greater margin pressures, many healthcare providers are fighting for their lives. And you’re experiencing the same pressures in your business. In fact, your selling, general and administrative expenses are nearly twice those of any other industry.

What can you do? One thing is to direct the conversation with your customers beyond price. Explore with them ways to be a better partner so they will want to do business with you. Be someone your customers choose to work with by differentiating yourself with the service you deliver.

Healthcare provider challenges		Manufacturer and distributor challenges		Industry challenges

Off-contract, maverick spend Contract overpayments Financial non-compliance Trading partner connections Low contract compliance Inaccurate item master data Price inaccuracy; price validation Invoice exceptions	Misaligned contracts Manual contract reconciliation Non-file spend Slow invoice approval, late payments Contract underutilization Invoice-to-order discrepancies Misaligned product descriptions Inability to generate EDI	High order error rates Costly inventory audits Increasing DSOs Visibility to revenue growth path Unconsolidated order channels Rebate / chargeback discrepancies Lack of competitive intelligence Conformance with global standards	Manual order processing Error-prone invoicing Limited price exception visibility Recalled field inventory Lost/expired field inventory Incorrect commission payments Unconsolidated MDM processes	Healthcare reform Escalating supply chain costs Technology adoption Supplier-provider collaboration Global standards adoption

Healthcare Exchange and Sales Marketing Solutions
Healthcare suppliers―manufacturers and distributors of healthcare products―operate in an increasingly complex and challenging business environment. The healthcare industry demands a unique set of requirements on healthcare suppliers, especially with regards to regulatory compliance and healthcare reform. Supplier organizations that recognize the strategic importance of the supply chain and maximize the use of today’s powerful supply chain tools, are able to operate more cost-effectively, efficiently, and gain visibility into valuable sales and marketing data.

Since GHX launched a healthcare trading exchange in 2000, advancements in technology ushered in a new era of automation through electronic data interchange (EDI)―now the business norm for healthcare suppliers. Hospitals, clinics and physician offices can easily conduct transactions electronically with their trading par

Healthcare Supply Chain Software, EDI, Materials Management, Inventory, Logistics, Tools, Marketing Data and More.

Today, healthcare suppliers can employ numerous supply chain solutions that extend cost-saving measures far beyond the initial and substantial benefits of transacting electronically. These supply chain tools can provide market visibility through the collection of sales data, improve inventory management, simplify the complex rebate and chargeback processes and even streamline the healthcare contract management process.

As these tools continue to refine the business practices of healthcare, the effects are profound―for the industry and the patient.

GHX is a Healthcare Supply Chain Management firm. Our main offerings include: Supply Chain Technology, Healthcare Provider Solutions, Healthcare Supplier Solutions, Healthcare Management Software and Healthcare Business Consulting for Reducing Healthcare Costs.

Common Tags: Healthcare EDI, Healthcare Materials Management, Healthcare Products, Healthcare Supplies, Healthcare Contract Management, Healthcare Inventory Management, Supply Chain Management Software, Logistics and Supply Chain Management Software, Supply Chain Management Process, Health Care Sales Marketing Data, Healthcare Electronic Data Interchange, Supply Chain Management Tools, Supply Chain Solutions

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