Navigation Links
GHX Joins the Oracle PartnerNetwork
Date:9/22/2009

LOUISVILLE, Colo., Sept. 22 /PRNewswire/ -- GHX today announced that is has joined the Oracle((R)) PartnerNetwork. Through this membership, GHX will have further insight into Oracle products as well as access to sales and marketing resources and specialized training for Oracle partners.

Hospitals that are mutual customers of GHX and Oracle can streamline the ability to review real-time data to make more strategic and cost-effective purchasing decisions. Customers can access GHX's validated data repositories from within their Oracle and/or PeopleSoft procurement applications. Clinicians and others responsible for requisitioning products are then able to search their specific contracts for items and, as necessary, find additional product information to source the best products to meet their needs. By improving compliance and price validation, the combined GHX and Oracle solution addresses a primary challenge for hospitals working to contain healthcare costs--how to effectively manage highly dynamic product and contract information.

On average, changes are made each year to one-third of the 30 million-plus medical-surgical products on the market in the U.S. Further, each group purchasing organization (GPO) is estimated to make as many as 30,000 changes to contract data each month. With data changing so frequently, it is difficult for hospitals to effectively maintain accurate, up-to-date and enriched data in their systems. As a result, hospitals often purchase products at higher costs and are unable to achieve better pricing.

By using Oracle and GHX to validate GPO pricing, hospitals can easily identify which products are on contract for their facilities. If they cannot find a product they need that is on contract, clinicians and other authorized personnel can search GHX's database of nearly one million items by various criteria including part number, manufacturer name, UNSPSC classification and key words found in product descriptions. Product data is validated on an ongoing basis with suppliers by the GHX Advanced Content team.

"By working with leading vendors, such as Oracle, as well as the majority of suppliers and GPOs, we can make it easier for hospitals to dynamically access the data they need to develop more strategic, accurate and streamlined procurement processes," said Rammi Gill, general manager for GHX Financial Services. "This fully integrated solution allows hospitals to maximize their investment in their procurement applications and the value of their GPO relationships and contracting efforts."

About GHX

As the business hub for healthcare, Global Healthcare Exchange, LLC (GHX) enables healthcare providers and suppliers in North America and Europe to reduce costs and improve margins by automating processes, reducing operating expenses and increasing knowledge-based decision making. Products and services include trading partner connectivity, order and contract management and validation, data synchronization, sales force automation and business intelligence. Equity owners of GHX are Abbott Exchange, Inc.; AmerisourceBergen Corp.; Baxter Healthcare Corp.; B Braun Medical Inc.; BD; Boston Scientific Corp.; Cardinal Health, Inc.; Covidien; C.R. Bard, Inc.; Fisher Scientific International, Inc.; GE Healthcare; HCA; Johnson & Johnson Health Care Systems Inc.; McKesson Corp.; Medtronic USA, Inc.; Owens & Minor; Premier, Inc.; Siemens; University HealthSystem Consortium; and VHA Inc. For more information, visit www.ghx.com.

About the Oracle PartnerNetwork

Oracle PartnerNetwork is a global business network of more than 20,000 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today's global economy. Oracle partners are able to offer their customers leading-edge solutions backed by Oracle's position as the world's largest enterprise software company. Partners who are able to demonstrate superior product knowledge, technical expertise and a commitment to doing business with Oracle qualify for the Certified Partner levels. http://oraclepartnernetwork.oracle.com

Trademarks

Oracle is a registered trademark of Oracle Corporation and/or its affiliates.


'/>"/>
SOURCE GHX
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Richard Greco Joins Mediware Board
2. Johnson & Johnson Campaign for Nursings Future Joins With AACN to Offer New Minority Nurse Faculty Scholars Program
3. Sean P. McLaughlin Joins Red Cross as Chief of Operations Support
4. Dr. Mahesh Ramachandran Joins Marianjoy Medical Group
5. Nick Childs Joins Grey New York as Director of Content Development
6. Psychemedics Corporation Joins Accenture in Co-Sponsoring Innovative Chief Talent Officer Book
7. David Ward Joins OrthoSynetics(TM) as Western Region Sales Manager
8. NASN Joins Partnership to Fight Chronic Disease
9. AstraZeneca Joins Local Walking Movement
10. Proxy Governance Joins ISS, Glass Lewis and Egan Jones in Recommending Arrow International Shareholders Vote to Approve the $45.50 Per Share Merger With Teleflex
11. Fund Manager Joins Board of GSI Securitization Inc.
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/18/2017)... ... 2017 , ... Hernandez Insurance Agencies, a northern Virginia firm ... DC region, is inaugurating a “New Leash On Life” charity initiative in conjunction ... to be companions for veterans in need. , The Semper K9 organization works ...
(Date:8/18/2017)... ... August 18, 2017 , ... MLM Insurance Group, a ... throughout southern Florida, is working to support the Take Stock In Children Foundation ... income families. , The Take Stock In Children Foundation (TSC) offers guidance and ...
(Date:8/18/2017)... ... 2017 , ... The Golseth Agency, a Texas based insurance management and financial ... regional charity campaign organized to provide support to Christina Upchurch and her two children ... and her children returned from out of town to find her husband passed away ...
(Date:8/18/2017)... ... 18, 2017 , ... Yisrayl Hawkins, Pastor and Overseer at The House of Yahweh in Abilene, ... on false teachings pertaining to the mother of the Savior whom the world calls “Mother ... different picture of the role of this historical woman. , “The world bows, kisses ...
(Date:8/18/2017)... ... August 18, 2017 , ... 800response, the leading ... solutions, announced today the launch of a redesigned corporate website, 800response.com . ... fully responsive design, and an enhanced search directory for businesses and advertising agencies ...
Breaking Medicine News(10 mins):
(Date:8/15/2017)... Inc., the creator of the drug Truveta for the treatment ... IPO. The United States spends approximately ... prescription epilepsy drug being $450.00-$1200.00 for a one month supply. ... AXIUM PHARMACEUTICALS, INC ... is the fact that Americans spent $42 billion on anxiety medications last ...
(Date:8/14/2017)... HACKENSACK, N.J. and PETACH TIKVAH, ... Therapeutics Inc. (NASDAQ: BCLI), a leading developer of adult ... for the second quarter ending June 30, 2017. ... advanced stages of preparing for our pivotal Phase 3 ... Chaim Lebovits , President and Chief Executive Officer ...
(Date:8/8/2017)...  BioLineRx Ltd. (NASDAQ/TASE: BLRX), a clinical-stage biopharmaceutical company ... results for the second quarter ended June 30, 2017. ... 2017 and to date: ... the Company,s lead project, BL-8040: Announced ... as novel stem cell mobilization treatment for autologous bone-marrow ...
Breaking Medicine Technology: