Global Healthcare Exchange Launches European Operations

Westminster, CO - Friday, January 05, 2001 -

Global Healthcare Exchange (GHX), a provider of business-to-business procurement solutions for the healthcare industry, has expanded its operations in Europe. This privately held trading exchange will help healthcare providers make quicker, more efficient purchasing decisions by simplifying business processes and providing a single source for hospital product purchases.

The first generation of the exchange will be launched in Europe during the second quarter of 2001. Initially, the exchange plans to focus on Germany, the United Kingdom and France. It will rapidly expand its offerings and support healthcare providers across Europe by the end of 2001.

When it is launched, the company will offer online ordering with customer-directed distribution; online inquiry of order status; online order confirmation; product catalogs and access to correct contract terms. GHX will also feature value-added services such as clinical information on a broad range of products.

The European headquarters of the new company will be in Brussels, Belgium with local offices in each country of operation. The European General Manager is Eugene Dorff, Chief Technology Officer is Steven Siers and Director of Sales and Marketing is Jan Willem de Cler.

About Global Healthcare Exchange
Global Healthcare Exchange, LLC (GHX), provides business-to-business procurement solutions for the healthcare industry. Utilizing Internet-based technology, the company seamlessly integrates hospitals and suppliers, thereby improving efficiencies and adding value throughout the supply chain. GHX provides single-source ordering and tracking for both medical and non-medical products. The privately held company was founded in March 2000 and now comprises more than 70 supplier members and more than 160 hospital members. Equity members of GHX include Johnson & Johnson, GE Medical Systems, Baxter International Inc., Abbott Laboratories, Medtronic Inc., Becton, Dickinson and Co., Boston Scientific Corporation, C.R. Bard Inc., Guidant Corporation and Tyco International, Ltd. For more information, visit

Lisa Miller or Jason Rodman
BRW LeGrand (for GHX)
1860 Blake St., Suite 640
Denver, CO 80202