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...
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...
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...
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...
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...
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...
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...
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.
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.
In 2017, the Association for Healthcare Resource and Materials Management (AHRMM) launched its Clinically Integrated Supply Chain (CISC) Task Force, under the direction of...
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.
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...
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.
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...
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...
Global Healthcare Exchange (GHX) (Louisville, CO) announced that its North American Customer Support team has achieved certification under the prestigious...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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…”
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...
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...
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...
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...
Global Healthcare Exchange (GHX) announced the promotion of Chris Batson to chief financial officer, effective January 1, 2021. Batson, who has served since...
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.
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...
In response to the COVID-19 pandemic, healthcare supply chain leaders are considering new approaches to sourcing, inventory management, analytics and technology.
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).
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...
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...
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.
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...
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...
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...
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...
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...
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.
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
In late March, as COVID-19 had taken hold of New York City and the surrounding area, New York Governor Andrew Cuomo called on hospitals across the state to...
For the better part of two decades this century, forward-thinking executives from providers, suppliers and supply data standards service companies have preached the gospel of...
Despite the changes and uncertainty rippling across the entire venture-backed startup ecosystem, the digital health sector saw its best first quarter since analysts began tracking...
In December 2019, the Assistant Secretary for Preparedness and Response told a House committee that “supply chain issues were among the most significant challenges to...
We’ve been hearing about shortages on personal protective equipment or PPE and ventilators. Pharmacists are now sounding the alarm on a possible shortage of...
Most U.S. healthcare organizations have disaster preparedness plans in place to address infectious disease outbreaks, man-made or natural disasters, bioterrorism or other events that result in a surge in...
When I sat down in early March to write the April edition of Standard Practices on the role of standards to support supply continuity, I knew we were facing serious shortages, but admittedly, I did not yet fully appreciate the...
The Association for Health Care Resource & Materials Management (AHRMM) is collaborating with GHX using the same tools, expertise and processes leveraged by...
Procurement professionals, like any other, are affected by the current coronavirus pandemic. They will face many challenges in their supply chains. For those who operate within industries where physical...
The Global Healthcare Exchange offers medical product manufacturers assistance in getting critically needed supplies to market quickly. Healthcare providers responding to the COVID-19 crisis need...
As the nation’s supplies of N95 respirator masks, gloves, gowns and other personal protective equipment run critically low, health care providers, suppliers and business leaders in Colorado...
Although U.S provider organizations still show a willingness to take on risk by adopting alternative payment models, progress has been slow, and it may not pick up speed as quickly as many industry observers suggest. A recent HFMA study found that...
Since the early stages of the coronavirus outbreak, healthcare industry experts have projected that shortages of supplies such as personal protective equipment and ventilators could endanger...
In 1970, healthcare spending represented 6.9% of U.S. GDP. Last year, findings from Centers for Medicare & Medicaid Services showed healthcare spending in the U.S. was expected to reach...
There’s no shortage of enthusiasm — or predictions — about the potential use of artificial intelligence (AI). Grand View Research estimates the global AI market will grow at a compound annual rate of...
One of the more damaging myths is that to succeed women need to adopt a male persona. Western society often assigns strength, courage, independence, leadership, and assertiveness as...
Global Healthcare Exchange Inc. has acquired Chicago-based Lumere Inc., a provider of data and analytics solutions that enable health-care organizations to build clinically integrated...
