Global Healthcare Exchange (GHX), a healthcare business and data automation company, today announced it completed the acquisition of a majority of assets and employees of Germany-based Medical Columbus AG. Financial terms of the deal were not disclosed.
The acquisition bolsters GHX’s European supply chain and procurement products portfolio to deliver even greater efficiency and value to healthcare providers, suppliers, and group purchasing organizations (GPOs).
"Our mission at GHX is to remove costs from healthcare and the completion of this acquisition helps us further that goal," said Bruce Johnson, CEO and president of GHX. "With the products and talent we’re adding from Medical Columbus, GHX is broadening a global trading partner network in Europe that will benefit multi-national suppliers and local European provider customers alike to deliver cost and process efficiencies."
The combined product offering will help GHX expand its procurement solutions offering and its trading partner network in countries including Germany, Switzerland, Austria, Luxembourg, and the Netherlands. GHX has been operating in Europe since 2000.
Global Healthcare Exchange, LLC (GHX) is a healthcare and data automation company, empowering healthcare organizations to enable better patient care and maximize savings using its world-class cloud-based supply chain technology platform, solutions, analytics and services. GHX brings together healthcare providers, manufacturers and distributors in North America, and Europe, who rely on smart, secure healthcare-focused technology and comprehensive data to automate business processes and make more informed, timely and fact-based decisions. Solutions span procurement and accounts payable automation, contract and inventory management, vendor credentialing and management, business intelligence, payment management and other supply chain-related tools and services. For more information, visit www.ghx.com/europe/en (Europe), www.ghx.com (North America), and The Healthcare Hub blog.