GHX Calls 2016 the Year of Accelerated “Healthcare Supply Chain Maturation”

Year Ahead Marked by Industry-Wide Best Practices, Operational Experimentation, Security Concerns, Data Management and Preparation for the Next Evolution of Healthcare
Louisville, CO — Thursday, January 14, 2016 —

The history of the modern-day supply chain has been paved by industries like automotive, retail and manufacturing, with healthcare often lagging behind in terms of technology, innovation and strategy. For the past several years, spurred by regulatory reform and the overarching need to make the industry more sustainable, the healthcare supply chain has evolved from simply a transaction-driven process into a strategic, data-driven operation. The healthcare supply chain is acting as the backbone for the industry’s drive to reduce costs while simultaneously improving patient care. With the last few years defined by supply chain innovation and exploration in healthcare, Global Healthcare Exchange, LLC (GHX) sees 2016 marking the acceleration of healthcare supply chain maturation.

“The healthcare supply chain is inherently different than other industries because, at the end of the day, it deals with people vs. things. But it’s that very reason – the drive to provide better patient care – why its transformation has been so impactful,” said Bruce Johnson, president and CEO, GHX. “For the last several years, healthcare providers and suppliers have incorporated automation, standardization and data-driven technologies and processes to increasingly leverage the supply chain as a strategic resource. From our vantage point, we see 2016 as the year that healthcare supply chain technology advances to a level of sophistication that will bring it closer to – or even surpass – the supply chain technologies of other industries.”

The acceleration of healthcare supply chain maturity will be marked by the prioritization of industry-wide supply chain best practices, technology-enabled operational experimentation, better and timelier data analysis and stronger security measures. The next evolution of healthcare – the rise of personalized medicine – will also push the supply chain to evolve into an increasingly real-time, transparent and flexible process. 

GHX 2016 Healthcare Supply Chain Trends

To learn more about these 2016 trends and read a recap of the biggest healthcare supply chain issues of 2015, visit: http://www.ghx.com/the-healthcare-hub/

About GHX

Global Healthcare Exchange, LLC (GHX) drives costs out of healthcare with cloud-based supply chain management technology and services in order to help enable better patient care and savings by maximizing automation, efficiency, and accuracy of business processes. GHX offers healthcare providers and suppliers an open and neutral electronic trading exchange that delivers procurement and accounts payable automation, contract and inventory management, vendor credentialing and management, business intelligence, and other supply chain-related tools and services. For more information, visit www.ghx.com and The Healthcare Hub.