In the News

Mar 25 2020
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...
Mar 24 2020
In response to COVID-19, GHX and Lumere are providing resources online to help ensure that their customers receive access to the data and...
Mar 09 2020
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...
Feb 24 2020
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...
Feb 17 2020
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...
Feb 10 2020
During the past decade, the healthcare industry has undergone an unprecedented technological transformation. The industry, once defined by...
Jan 24 2020
The supply chain has carved out a critical role for itself as the healthcare industry shifts to a value-based...
Jan 23 2020
Supply Chain and Information Technology (the IT department) consistently have engendered a love-hate relationship. To succeed...
Jan 13 2020
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...
Dec 05 2019
Healthcare IT leaders have spent the last decade primarily focused on critical investments related to clinical quality improvements—including implementing electronic health records (EHRs), adopting ICD-10 and...
Nov 22 2019
There’s a common theme – or maybe several common threads – interwoven among the mini-profiles of this year’s...
Oct 23 2019
The move to a healthcare system that rewards the value delivered to patients vs. the volume of services performed is no easy task. Healthcare providers, including hospitals and physicians, face decreasing reimbursements as both...
Oct 03 2019
TransForm Shared Service Organization (TransForm SSO) provides an innovative, end-to-end supply chain service driven through one vital goal: offering healthcare employees the support...
Oct 01 2019

Supply Chain Talent Has No Walls

Supply chain Strategies & Solutions
As healthcare continues to evolve, so too, do the talent requirements for supply chain organizations. The AHRMM Cost, Quality, Outcomes (CQO) Movement arose out of a recognition that...
Oct 01 2019
Two powerful forces are transforming the health-care supply chain: Value-based reimbursement and consumerism. Both are responsible for a sizable shift in where care is delivered...
Sep 23 2019
Executives and professionals in healthcare supply chain gaze somewhat longingly at other industries for glimpses at what might emerge within their realm of,,,
Aug 29 2019
Denver is home to some of the most exciting companies in the U.S., and it has the executives to match: They are driven, innovative and constantly setting new...
Aug 28 2019
The healthcare supply chain continues to be at a pivotal juncture, taking increased advantage of innovative technology to deliver affordable value-based care by...
Aug 12 2019
Health care spending in the United States is on track to hit 19.4% of GDP in the next decade, giving our country the dubious top spot globally for...
Aug 05 2019
Contract price misalignment is one of the leading causes of pricing issues in the healthcare supply chain, and among the most critical issues...
Jul 23 2019

Can standardization drive innovation?

Healthcare Purchasing News
Many consider “standardization” and “innovation” to be opposing forces, when in fact standardization might just be what is needed to effectively innovate around healthcare delivery and payment reform.
Jun 20 2019
Acquisitions and mergers continue unabated in healthcare. Pricewaterhouse Cooper's latest report on mergers and acquisitions in healthcare found the number of...
Jun 19 2019
When the Food and Drug Administration (FDA) published the UDI rule in 2013, it listed the ability to “provide for more rapid, more efficient resolution of device recalls” as a primary driver for...
Jun 05 2019
The majority of healthcare payment processes remain paper-intensive, despite electronic payments being the most efficient and cost-effective B2B payment...
Jun 04 2019
The United States spends more on healthcare than any other industrialized nation, and the continued growth in healthcare spending is creating economic pressures not only...
Jun 01 2019
Last month’s column focused on how those working on UDI regulations have broadened their focus beyond the US, as countries and regions...
Jun 01 2019

Are you willing to bear the standards?

Healthcare Purchasing News
Logically, the use of data standards would make transactions so much easier to track and trace, as well as facilitate detailed analysis...
May 01 2019
Global Healthcare Exchange, LLC (GHX) on April 30 announced the recipients of its annual GHXcellence Awards during...
Apr 25 2019

U.S. Passes the UDI Baton

Healthcare Purchasing News
For years, the eyes of the world were on the United States as it became the first country to publish and implement a regulation requiring...
Apr 10 2019
The supply chain has been an increasingly important driving force in the healthcare industry’s transformation. During the past decade, the focus on...
Mar 20 2019
Depending on whom you talk to, the move to value-based healthcare is driven by a high-level societal objective and a fiscal imperative to deliver the highest value to...
Mar 19 2019
It’s hard to believe that after nearly a decade of embracing HIT, the U.S healthcare industry still has its share of technological growing...
Mar 08 2019
Thanks to the enactment of the Affordable Care Act in 2010—as well as other major legislative efforts—the healthcare industry is...
Feb 28 2019
The healthcare industry is going through unprecedented change. The supply chain has been a powerful force, and at times a leader, in driving this...
Feb 28 2019

Supply chain tip: Build a diverse team

Becker’s Healthcare Review
While technology and automating supply chain processes has played an important role in driving change in the healthcare supply chain, more needs...
Feb 26 2019
Hospitals and healthcare systems around the world are prioritizing the need to reduce clinical variation, as they recognize what quality gurus across many...
Feb 22 2019
Supply & Demand Chain Executive announces its annual listing of Pros to Know in the supply chain...
Jan 31 2019
The continuing pursuit of value-based healthcare is at the crux of many of the trends that will impact the healthcare supply chain in 2019. Look a little deeper and...
Jan 23 2019

Got Class(ification)?

Healthcare Purchasing News
A common complaint about standards in healthcare is that there are simply too many, which includes classification systems for...
Jan 23 2019
Global Healthcare Exchange (GHX), a leader in cloud-based healthcare supply chain management solutions, which helps empower...
Dec 28 2018

Procurement: New Star in the Supply Chain Cloud

Supply & Demand Chain Executive
Procurement is a staple of the supply chain, one of the key processes that keeps any organization stocked with the goods and services it needs to operate. But it’s also one of the last supply chain processes to...
Dec 28 2018
U.S healthcare costs continue to soar. According to the Center for Medicare and Medicaid Services, healthcare costs increased from $27.5bn to $3.2tr between 1960 and 2015. Further, healthcare spending is projected to reach...
Dec 26 2018

Blockchain: The Technology Rx for Healthcare?

Supply & Demand Chain Executive
Blockchain may still be an emerging technology, but much like the internet, its promise to disrupt industries is the topic of...
Dec 18 2018
As we begin a new year, there are some exciting developments afoot that are laying the foundation for dramatic changes in how healthcare is ...
Dec 17 2018
This past July was the worst month on record for healthcare data breaches, according to the Department of Health and Human Services’ Office for Civil Rights. Records show that data breaches put 858,411 individuals...
Dec 12 2018
The W. P. Carey School of Business at Arizona State University today announced plans to provide strategic recommendations to the nation’s military to improve...
Dec 01 2018

Do clinicians care about GS1 standards? YES

Healthcare Purchasing News
"Do clinicians care about GS1 standards?" That was the question posed to members of the GS1 Clinical Advisory Committee (CAC)...
Nov 29 2018
During Juhi Jaiswal’s high school years in India, she went on a tour of a local atomic research center, where she was introduced to the wonders and possibilities of technology. From that moment on...
Nov 27 2018
GHX, a leader in cloud-based healthcare supply chain management solutions, has been named as Guys and St Thomas preferred partner for shared catalog...
Nov 26 2018
Healthcare blockchain could solve some of the biggest problems in healthcare, such as compliance, interoperability, and data security issues, according to a recent study by...
Nov 20 2018
A Precious Child, which recently held two fund-raising luncheons in Broomfield and Denver, raised more than $240,000 for the Broomfield-based charity. The money will go to support disadvantaged and displaced children...
Nov 14 2018
GHX President and CEO Bruce Johnson has been on the international health care trading-exchange company's leadership team since...
Nov 01 2018

GHX closes Medical Columbus buy

HealthCareBusiness
“Our mission at GHX is to remove costs from healthcare, and the completion of this acquisition helps us further that goal,” GHX CEO and president, Bruce Johnson, said in a statement, adding...
Oct 25 2018

HTG gets to the point (of care)

Healthcare Purchasing News
The Healthcare Transformation Group, formed in 2010 by Geisinger Health System, Intermountain Healthcare, Kaiser Permanente, Mayo Clinic, and Mercy, held its 8th annual...
Oct 22 2018
It may only be three letters, but for some manufacturers, UDI is a four-letter word. There are others who see the regulation as an opportunity...
Oct 16 2018
For many medical device manufacturers, mention UDI and they immediately think of added costs for compliance and increased complexity, as more regulators publish ...
Oct 12 2018
In its 2018 Global Blockchain Survey, Deloitte found that 74 percent of respondents see a compelling business case for blockchain technology, and of those respondents, more than half...
Oct 01 2018

How UDI supports innovation and safety

Healthcare Purchasing News
When the Patient Protection and Affordable Care Act (ACA) was passed in 2010, many healthcare experts cautioned that access to coverage did not necessarily translate to care, due to a variety of factors, ranging from...
Oct 01 2018
Automating procurement and payables processes is one way for healthcare organizations to optimize business performance. By leveraging technology, organizations can...