In the News

Dec 01 2021

Building a More Resilient Healthcare Supply Chain

CSCMP's Supply Chain Quarterly
As we look to 2022, with the knowledge gained after nearly two years of the COVID-19 pandemic, it’s clear healthcare providers are actively applying lessons learned to build more resilient supply chains. Here are four ways they’re working toward...
Nov 15 2021
Have you ever marveled at how Netflix seems to know what you want to watch, when you want to watch it, and sets expectations with a high percentage of likelihood that you'll enjoy their recommendation? What if we could apply...
Nov 11 2021
COVID-19 has increased the need for enhanced compliance and safety across healthcare providers, yet GHX data from a 2020 survey shows most hospital and healthcare systems regularly fail to...
Nov 09 2021
Dr. Jennifer Williams, Director of Market Development & Education, Credentialing for GHX’s Vendormate reports in this podcast that the pandemic has had a broad and bold impact on credentialing, much of it overdo. In the past not everyone walking around a healthcare facility was adequately...
Nov 03 2021
The COVID-19 pandemic has highlighted the need for remote learning in the healthcare sector. Global medtech firm Medtronic recently launched ILLUMISITE, an imaging tool that helps clinicians...
Nov 03 2021
When David Peck arrived at Houston Methodist in 2018, there was no centralized purchasing. Each entity of the health system purchased its own goods. Peck, vice president of supply chain management, centralized all purchasing at the...
Oct 14 2021
On Thursday, Louisville, Colorado-based healthcare company Global Health Exchange announced its acquisition of Chicago-based Explorer Surgical. Exact financial terms of the deal were not announced, and Explorer Surgical’s operations will remain in...
Oct 14 2021
Global Healthcare Exchange announced today that it acquired Explorer Surgical, which will operate as its wholly-owned subsidiary. Chicago-based Explorer Surgical creates digital procedure playbooks and performance tracking tools while offering...
Oct 08 2021
Healthcare supply chains have been stressed and stretched during the COVID-19 pandemic, but thanks to collaboration and agility, they have continued to provide much needed lifelines throughout the crisis. Vulnerabilities have surfaced throughout supply chains, however, with even...
Oct 05 2021
Oct 04 2021
When most people think of workplace health and safety, issues like ensuring construction workers wear proper protective equipment or forklift engineers are certified to safely operate machinery come to mind. In the healthcare industry, however, compliance has taken on a new...
Sep 28 2021

UDIs in Recalls and Beyond

Healthcare Purchasing News
I have been researching and writing about the value of unique device identifiers (UDI) for nearly 15 years, but it really all comes down to this: Call the same thing the same thing regardless of what you are doing with the thing...
Sep 28 2021
As hospitals and healthcare organizations continue to grapple with the ongoing pandemic, their supply chain future vision focuses more on palpable and realistic options than on some of the manufacturing and retail technology that has turned heads and gained...
Sep 28 2021
“During the peak of the pandemic, we worked diligently to improve our analytics to broaden the visibility into the inventory contained within a hospital or health system. One of our customers, a large health system on the East coast, implemented our system to...
Sep 22 2021
More than 18 months into the COVID-19 pandemic, Boulder Valley’s health care community is feeling the strain of long hours, supply-chain disruptions, workforce shortages, destructive political discourse and a wave of patients seeking treatment for ailments they’d...
Sep 16 2021
The trend: As hospital systems aim to reduce their carbon emissions and other pollutants, they’re pushing manufacturers, distributors and other suppliers to adopt more aggressive environmental goals. Last year...
Sep 16 2021
It has been a tough year and half for the supply chain, as disruptions in the industry continue to come in waves, forcing many companies to step up in ways never seen before. To keep things moving, great leaders of the supply chain tapped into their ingenuity to bridge the many gaps that...
Sep 10 2021
Over the past year, the supply chain has emerged into the public spotlight. From the dire need for PPE to consumers stockpiling paper goods and cleaning supplies and the ripple effects of the container ship Ever Green getting stuck in the Suez Canal, the supply chain continues...
Sep 09 2021
The COVID-19 pandemic compressed a decade of healthcare transformation into mere months. Healthcare leaders have been challenged with rethinking every aspect of the business, from how care is delivered to planning for the workforce needs of the future. At the same time, consumers continue...
Sep 01 2021
The coronavirus has pandemic exposed the true costs, human and otherwise, of health-care disparities, as low-income and minority populations have suffered disproportionately. Blacks, Native Americans and Hispanics were...
Sep 01 2021
GHX is a healthcare business and data automation company, empowering healthcare organizations to enable better patient care and maximize industry savings using our world class cloud-based supply chain technology...
Aug 26 2021
The past 18 months have been challenging for people around the world, but perhaps none more so than healthcare administrators, clinicians, executives, staff members and workers. What impact has the pandemic had on...
Aug 24 2021
The consumerization of technology has led us to expect accurate, targeted information at the touch of a button. We can quickly run a Google search for obscure facts and trust AI-based chatbots to...
Aug 11 2021
Expression Networks, a leading provider of complete technology solutions to the Department of Defense, and Global Healthcare Exchange (GHX), operator of the healthcare industry’s largest cloud-based trading network that connects those who...
Aug 04 2021
Let’s consider the facts. According to the Centers for Disease Control and Prevention (CDC), across the U.S., hospitalization rates due to Covid-19 for non-Hispanic Blacks and American Indians, as well as Hispanics and Latinos, was approximately 5 times higher than...
Aug 01 2021
Since the onset of the COVID-19 pandemic, hospitals and their staff have worked diligently to implement policies issued by the Centers for Disease Control and Prevention, as well as state and local governments. The measures put in...
Jul 26 2021

Bringing Supplier Diversity Home

Healthcare Purchasing News
The events of 2020, from the pandemic to the “Black Lives Matter” movement, sharpened our focus on issues of health equity and racial disparities. And once again, supply chain leaders are going above and beyond more traditional approaches to address...
Jul 20 2021
Scott Kelley is the Senior Vice President of Sales, Customer Success, and Revenue Operations at Global Healthcare Exchange (GHX), a privately held software-as-a-service (SaaS) company that’s helping to reduce the cost of...
Jul 12 2021

Why Pandemic-Initiated Safety Protocols Are Here To Stay

Patient Safety & Quality Healthcare (PSQH)
The pandemic drove healthcare providers and vendors to take an even closer look at facility entrances: who enters a facility, how they come in, and how they leave. On a typical, pre-pandemic day, vendors would plan a...
Jul 01 2021
Global Healthcare Exchange (GHX) (Louisville, CO) announced its Vendormate Kiosk now features expanded Visitor Management capabilities delivered via a software upgrade. The Vendormate Kiosk is a comprehensive...
Jun 24 2021
In January, as many parts of the country still battled surges in COVID-19 cases, the new hospital Price Transparency regulations went into effect with little fanfare. Since then, the conversations and coverage have centered around...
Jun 23 2021
Less than one-fourth of hospitals were fully compliant with federal price transparency regulations in early 2021, according to new data. A study by University of Minnesota School of Public Health faculty found that...
Jun 03 2021
Lux Capital is one of the original "frontier" tech venture firms, investing in startups that leverage colliding scientific advancements to create new categories. And now it's got a lot more money in the bank, so it seemed like a good time to...
Jun 03 2021
GHX, a healthcare supply chain leader announced it has entered into a definitive agreement to receive a strategic investment from private equity firm Warburg Pincus. As part of this transaction...
Jun 03 2021

Automation and the Future of Healthcare Invoicing

Supply & Demand Chain Executive
Even before the Coronavirus disease (COVID-19) pandemic hit the United States, a significant number of healthcare organizations were struggling with time-consuming and costly payment processes. Data shows it costs as much as...
Jun 02 2021
The healthcare industry has been slow to adopt cloud technology, finding comfort in the perceived safety, reliability and control of an on-premise system. However, over the last few years, many providers have started to...
May 27 2021
Global Healthcare Exchange (GHX) announced the recipients of its 20th annual GHXcellence Awards at this year’s virtual GHX Summit LIVE event. GHX reinvented the awards program this year...
May 25 2021
The COVID-19 pandemic heightened the world’s awareness of the strategic importance of the healthcare supply chain, perhaps more than any other event in history. Now, as hospital shelves...
May 13 2021
Global Healthcare Exchange (GHX) (Louisville, CO) announced today the 63 healthcare provider and supplier organizations named to the 2020...
May 07 2021
The vision of what broad adoption of global data standards could do for improving the efficacy of our healthcare system isn’t new, nor are efforts to achieve it.
May 06 2021
Global Healthcare Exchange (GHX) released details of its 2021 GHX Summit 365, a year-round virtual learning event kicks off in May in place of...
May 03 2021
Leading supply chain providers offer advice on how to transition your business’ processes from manual to automated for freight, healthcare, warehouse and dangerous goods sectors.
Apr 26 2021
In 2017, the Association for Healthcare Resource and Materials Management (AHRMM) launched its Clinically Integrated Supply Chain (CISC) Task Force, under the direction of...
Apr 22 2021
Global Healthcare Exchange introduced its new Vendormate Kiosk, an integrated mobile app and kiosk solution that overlays infection control with credentialing requirements to allow for improved facility safety and security, according to a press release. This helps organizations solve the credentialing challenges brought on by COVID-19 and prepare for future compliance and infection control protocols.
Apr 14 2021
Global Health Exchange released its annual list of the 50 best healthcare supply chains in North America April 14. This year, GHX is honoring 51 hospitals and health systems due to...
Apr 05 2021
Even as brighter days appear to lie ahead for healthcare providers, COVID-19 continues to strain our healthcare system. Postponements of elective procedures, as well as a steep decline in the volume of emergency department and urgent care visits, caused revenue deficits for the majority of hospitals and health systems in the U.S.
Apr 05 2021
A year after the US declared COVID-19 a public health emergency, the healthcare supply chain is still struggling to meet increased demand for personal protective equipment (PPE) and other supplies, according to a new...
Apr 01 2021
There’s an old adage that every challenge is merely an opportunity in disguise. COVID-19 highlighted the healthcare industry’s ongoing challenge with producing clean, standardized data. As the industry looks to...
Mar 30 2021
Global Healthcare Exchange (GHX) (Louisville, CO) announced that its North American Customer Support team has achieved certification under the prestigious...
Mar 25 2021
Controlling variation in costs for surgical procedures presents one of the greatest financial opportunities for hospitals and health systems today. Looking at supply costs is a good place...
Mar 23 2021

From Standard Practices to Value Delivered

Healthcare Purchasing News
For those of you who have read this column regularly, you may have noticed the new name – Value. Delivered. If you are worried that the...
Mar 23 2021
As approved COVID-19 vaccines roll off production lines, and millions of Americans roll up their sleeves, we are witnessing a modern-day miracle. The development and approval of...
Mar 16 2021
It would be a disservice to all frontline workers to just say that “2020 is one for the books.” Well, sure, it is, but those working behind the scenes may...
Mar 16 2021
Around two-thirds of the country's largest hospitals are not complying with the new price transparency regulations, a new study found...
Mar 16 2021
Steve Jackson has been named General Manager, Exchange Services, GHX. Jackson will focus on co-designing solutions with providers and suppliers that lower the total cost of...
Mar 01 2021
Global adoption of robotics technology has exploded in healthcare institutions, promising a less invasive and more precise means of conducting procedures. Although hospitals command the largest share of this market, analysts predict...
Feb 25 2021
The approval and distribution of multiple COVID-19 vaccines has created hope, disappointment and confusion. The hope is real; with an increasing percentage of the population vaccinated, we are moving closer to...
Feb 03 2021
By the time COVID-19 arrived in the United States, global supply chains were already buckling under a historic level of demand. For most individuals, the pandemic has been...
Feb 02 2021
In interviews with nearly 100 providers, GHX/Vendormate found that nearly 88% believe compliance controls will increase, and almost 76% expect all reps or a combination of on/offsite reps will be credentialed...
Jan 22 2021
Just as the definition and parameters of value vary from person to person, organization to organization, so goes the definition and parameters of...
Jan 22 2021
When the U.S. Food and Drug Administration (FDA) was promoting the importance of the still unpublished UDI rule, the underlying value proposition was visibility. The rule requires manufacturers to...
Jan 15 2021
COVID-19 illuminated the harsh consequences of the healthcare industry’s slow embrace of technology to enable data-driven decisions. As a record number of...
Jan 10 2021

No Joke: Stand-up Act Aids Engineering Alum in Role as GHX CEO

UNIVERSITY OF NEBRASKA COLLEGE OF ENGINEERING | THE PULSE
“I was working in Cedar Rapids (Iowa) on time with two other comedians,” recalled Bruce Johnson, president and CEO of Global Healthcare Exchange (GHX). “There were three…”
Jan 08 2021
The Coronavirus disease (COVID-19) underscored the supply chain’s importance in driving healthcare’s digital transformation. In theory, the supply chain is the repository for a treasure trove of data on products, including...
Jan 08 2021
The challenges faced by the healthcare industry during 2020 have been well documented. One of the universally accepted lessons is that the industry’s inability to...
Jan 07 2021
Never has the adage “hindsight is 20/20” rung so true. As we look back on the past year, it’s paramount that we learn from our mistakes and share best practices. In fact, the Healthcare Leadership Council (HLC), an alliance of leaders from all sectors of...
Dec 21 2020

Vaccine Safety

Healthcare Purchasing News
President Franklin D. Roosevelt described Dec. 7, 1941, to an emergency Joint Session of Congress as “a date which will live on in infamy” following the horrendous attack on Pearl Harbor. Seventy-nine years and one day later...
Dec 11 2020
Global Healthcare Exchange (GHX) announced the promotion of Chris Batson to chief financial officer, effective January 1, 2021. Batson, who has served since...
Nov 23 2020
Global Healthcare Exchange (GHX) (Louisville, CO) has announced its top five predictions for the healthcare supply chain during...
Nov 20 2020
Vaccine trials are underway here in the Bay Area as drug companies race to seek FDA approval. The drug giant Pfizer has applied for...
Nov 17 2020
Boost Payment Solutions, Inc., is partnering with Global Healthcare Exchange (GHX) to help healthcare organizations pay suppliers with commercial cards, Boost announced today (Nov. 17), in a press release emailed to PYMNTS. The collaboration will optimize payment processes for GHX’s clients, making it easier and more efficient for healthcare institutions to pay using commercial card programs and navigate complex settlement requirements.
Nov 10 2020
Unconscious bias, or social stereotypes about groups of people formed outside of conscious awareness, can show up in many forms at work. When a company hires for “culture fit,” the intention may...
Oct 28 2020
In response to the COVID-19 pandemic, healthcare supply chain leaders are considering new approaches to sourcing, inventory management, analytics and technology.
Oct 27 2020
Over the past few months, I have faced a seemingly classic question of whether to support the economy or the environment (although I hope this column will demonstrate how this does not have to be a zero sum game).
Oct 23 2020
Global Healthcare Exchange, LLC (GHX) announced keynote speakers and session details for its GHX Summit LIVE event, the second part of its 2020 GHX Summit Digital Connect...
Oct 21 2020
Global Healthcare Exchange, LLC (GHX) announced it is collaborating with Mobile Health to provide Respirator Fit Tests (RFTs) across the U.S. as part of its...
Oct 09 2020
The healthcare industry has relied on a just-in-time (JIT) distribution model for more than a decade. While JIT helped the industry control costs and reduce waste, the processes and technology systems supporting it were unable to meet the demands of a global pandemic.
Oct 08 2020
Global Healthcare Exchange, LLC (GHX) announced the company and its Chief Commercial Officer, Tina Murphy, have recently been honored by third party organizations for helping the healthcare industry navigate COVID-19 supply chain shortages, as well as...
Sep 29 2020
As hospitals and health systems prepare for a long recovery, supply chain teams can offer insight that will guide strategic decisions regarding the long-term financial health of...
Sep 23 2020
Nearly six months after the COVID-19 pandemic forced a statewide shutdown of most commerce in Colorado, company leaders in the Boulder area’s health-care scene have adapted to a new normal as...
Sep 22 2020
TrustRadius today awarded 116 Tech Cares awards to technology companies that have gone above and beyond to support their clients and communities in 2020 and during the...
Sep 15 2020

GHX announces Summit 20 Digital Connect

The Journal of Healthcare Contracting
Global Healthcare Exchange, LLC (GHX) announced details of its GHX Summit 20 Digital Connect conference. GHX Summit 20 Digital Connect will take place in two parts...
Sep 01 2020

Virus Reshapes Health-Care Procurement

Institute for Supply Management
Shortages of personal protective equipment (PPE) and other products critical to treat and prevent the spread of the novel coronavirus (COVID-19) have placed attention on the health-care supply chain.
Aug 27 2020
While COVID-19 continues to strain healthcare systems and resources, supply chain professionals are already taking steps to improve the transparency, efficiency and agility of the healthcare supply chain based on...
Aug 21 2020
Early in the fight against COVID-19, as cases rose along with demand for personal protective equipment (PPE), U.S. hospitals and healthcare systems quickly realized that normal channels for supplies wouldn’t...
Aug 21 2020
They say, “Timing is everything,” and perhaps the time has finally come for healthcare to embrace collaborative [demand] planning, forecasting, and replenishment that has proven valuable in other...
Aug 18 2020
The disruption wrought by COVID-19 is unmatched in recent history. While the lasting implications have yet to be fully understood, the limitations of the global healthcare supply chain have been...
Aug 18 2020
Global Healthcare Exchange, LLC (GHX) (Louisville, CO) announced Karen Conway, VP of Healthcare Value; and Lumere Chief Medical Officer John Cherf, MD, MPH, MBA, will lend their insights at two upcoming...
Aug 17 2020
Medtech has really stepped up this year to respond to medical device shortages brought on by the COVID-19 pandemic. Despite these impressive efforts, there remains a growing...
Aug 01 2020
The COVID-19 pandemic has yielded many lessons, including the importance of integrating data from multiple sources, both medical and non-medical. Early in the crisis, governments, public health agencies, and health care systems sought to bring...
Jul 24 2020
COVID-19 has elevated the importance of the healthcare supply chain to help providers deliver outstanding care at lower costs. It’s now becoming one of the most visible functions across...
Jul 23 2020

Anything But Standard

Healthcare Purchasing News
Even before COVID-19 hit the United States, resulting in hospitals scrambling for personal protective equipment (PPE), supply chains were already dealing with recalls of more than nine million surgical gowns and 2.5 million...
Jul 20 2020
With value-based payment, the healthcare industry is taking a more holistic approach to how it cares for populations – an approach that may prove to be most effective for dealing with...
Jul 08 2020
Providers and suppliers are looking to preserve the healthcare supply chain after the COVID-19 pandemic by prioritizing the purchase of products made in the US and...
Jun 29 2020
Ensuring greater resiliency in the supply chain and improving demand forecasting have emerged as top priorities for the U.S. healthcare industry as a result of the COVID-19 pandemic. These insights are based on...
Jun 29 2020
Ensuring greater resiliency in the supply chain and improving demand forecasting have emerged as top priorities for the U.S. healthcare industry as a result of the COVID-19 pandemic. These insights are based on...
Jun 25 2020

The Trouble with (non) Standardized Tests

Healthcare Purchasing News
Much has been written about the challenges associated with a paucity of diagnostic testing for the presence of COVID-19. Without adequate testing, it is difficult to identify and isolate those with the disease in order to...
Jun 22 2020
The coronavirus crisis shook almost every industry globally, but the healthcare system was forced to adjust in real time. As the coronavirus raced around the world, hospital systems found themselves facing...
Jun 22 2020
For the last three months, all eyes have been focused on the healthcare supply chain as the Coronavirus disease (COVID-19) pandemic ravished its way through hospitals’ supplies. With supply and demand issues hitting nearly every single industry, communities...
Jun 17 2020
Advancements in technology have profoundly affected the ways in which we work and live, delivering new levels of automation, efficiency and economies of scale. The challenge for many leaders is finding the most effective ways to...
Jun 12 2020
Today every chief executive is focused on two 2020 imperatives: Resilience and results. While executives have little control over demand resilience, they have direct control over...
Jun 11 2020
When it becomes more difficult for a company to scale its data infrastructure, building a team responsible for that goal can help. Director of Data Operations and Engineering Mike Doerner said that’s precisely what happened...