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Canadian Pharmaceutical Distribution Network's Hospitals to Gain Greater Visibility into Pharmaceutical Purchases Through GHX
Date:11/2/2010

TORONTO and OAKVILLE, Ontario, Nov. 2, 2010 /PRNewswire/ -- The Canadian Pharmaceutical Distribution Network (CPDN) has joined GHX, enabling participating hospitals to gain greater visibility into their pharmaceutical purchasing. CPDN is a service provider to independent drug manufacturers comprising 19 of the leading pharmaceutical companies serving the Canadian hospital market.

Approximately 80 percent of Canadian hospitals that maintain accounts with pharmaceutical companies use the CPDN Program to consolidate ordering and delivery of pharmaceutical products from independent pharmaceutical companies. Using the CPDN Web OMS browser-based ordering system, participating hospital pharmacies can place a single order to purchase products from multiple manufacturers, receive the products in a single shipment and make a single invoice payment.

A significant challenge is that most hospital pharmacies conduct their purchasing processes outside of their parent hospitals' central supply chain channels, with the pharmacies placing orders using standalone systems that are typically not integrated with their hospitals' enterprise resource planning (ERP) or materials management information (MMIS) systems. As a result, hospitals frequently experience a visibility gap in their supply chain operations, with the inability to access a centralized view of all of their purchases.  

By joining GHX, CPDN has helped solve this issue for Canadian hospitals that are integrated to the GHX electronic trading exchange. Orders will be placed through the GHX exchange, which integrates with a hospital's ERP and/or MMIS system, enabling participating hospitals to gain greater visibility into their pharmacy purchases. Furthermore, these hospitals can leverage this information to make more strategic purchasing decisions across their organizations, which will also be visible in the CPDN Web OMS system.

"Joining GHX supports our mission to provide the healthcare ind
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SOURCE GHX
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