GHX SETS NEW RECORDS FOR TRADING PARTNER RELATIONSHIPS AND TRANSACTION VOLUME

GHX Increased Trading Partner Relationships by 26 Percent in 2013 and Hit a Single Month Record: $5 Billion Transaction Dollar Volume in October
Louisville, CO — Monday, December 9, 2013 —

GHX, recognized for the industry’s largest connected, intelligent healthcare supply chain, hit two key milestones in a year marked by product innovation, customer wins and industry recognition. The company increased its trading partner relationships to 357,000 unique connections, an increase of 26 percent from 2012. It also hit a record $5 billion single month transaction dollar volume in October 2013, illustrating that the healthcare industry is increasingly focused on automation and accuracy to address the current demands of the healthcare market.

GHX and its customers, which include provider, distributor, manufacturer and group purchasing organizations, are working to transform the healthcare industry by reducing costs associated with the supply chain, by making overall supply chain processes more efficient, collaborative and transparent. GHX continues to improve planning and execution throughout the supply chain process – with the ultimate goal of taking costs out of healthcare.

“We are creating the intelligent healthcare supply chain that connects the systems and processes that occur inside an organization’s four walls, with the systems, processes and business partners that make up the supply chain outside those four walls,”said Bruce Johnson, CEO, GHX. “We are continually focused on making a difference for healthcare, taking the unnecessary billions out of the cost of doing business, and helping the industry focus on what really matters, quality patient care.”

Other 2013 GHX business highlights include:

 

 

About GHX
Global Healthcare Exchange, LLC (GHX) is driving costs out of healthcare by transforming the healthcare supply chain. Working with providers and suppliers, GHX is accelerating change by providing a faster, more efficient and collaborative supply chain that will take billions of dollars out of the cost of healthcare. For more information, visit www.ghx.com and The Healthcare Hub