LOUISVILLE, Colo. and TORONTO, June 23 /PRNewswire/ -- GS1 Canada and GHX have agreed to form a strategic alliance to create a global standards-based product registry for healthcare products. The alliance is being established to dramatically improve the accuracy and clarity of electronic data transactions used in ordering, purchasing, shipping and receiving of healthcare and pharmaceutical products and, in turn, to achieve significant time and cost savings for Canada's healthcare system. GHX, through the utilization of the Health ConneXion(TM) data pool, a healthcare-focused data pool certified by GS1's Global Data Synchronization Network (GDSN), will assist GS1 Canada in its creation of the registry. The registry is designed to be the source of accurate product information for healthcare organizations across Canada.
GS1 Canada is the nation's leading not-for-profit organization in the development of global standards for electronic business and supply chain processes. As a business hub for healthcare, GHX enables healthcare providers and suppliers to reduce costs and improve margins by automating processes, reducing operating expenses and increasing knowledge-based decision making.
"Global standards are connecting the Canadian healthcare sector from end to end. This is enabling consistent product data to move between healthcare trading partners, suppliers and providers, improving supply chain efficiency and enabling traceability, which ultimately will improve patient safety and cost efficiency," stated N. Arthur Smith, president and chief executive officer, GS1 Canada. "This partnership with GHX, a trusted global supply chain partner, is part of GS1 Canada's ongoing commitment to support the Canadian healthcare sector in providing outstanding care, while ensuring a sustainable and cost-effective system."
GS1 Canada and GHX are seeking to mitigate current healthcare supply chain challenges by creatin
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