Navigation Links
HealthTrust Purchasing Group Signs Renewal for GHX Solutions to Continue Supply Chain Cost Reductions

LOUISVILLE, Colo., Nov. 12, 2012 /PRNewswire/ -- GHX today announced that HealthTrust Purchasing Group (HealthTrust), a group purchasing organization supporting nearly 1,400 not-for-profit and for-profit acute care facilities, as well as 10,600 ambulatory surgery centers, physician practices and alternate care sites, has renewed its agreement with GHX to deliver supply chain technology and software solutions. The renewal means that HealthTrust's members will be able to take advantage of GHX to increase operational efficiency and drive down the costs of doing business.

With a common goal of cutting the costs associated with the delivery of healthcare, GHX and HealthTrust have been working together for over 10 years to help HealthTrust's members achieve supply chain savings. A portion of these savings are possible because of cloud-based technology from GHX, which creates and operates an electronic trading platform connecting the majority of healthcare provider facilities in North America and the medical-surgical suppliers with which they do business.

Under the agreement, members will have access to the GHX Exchange and additional services that enable them to do business electronically with their suppliers, even those not yet connected to GHX or that do not have electronic data interchange capabilities. The agreement also includes OnDemand AP®, a solution that provides Accounts Payable process automation; the Procurement Suite solution for requisitioning, workflow automation and improved control over spend; NuVia(SM) for item master management; Collaboration Portal, an application that offers collaborative workflow to publish and approve letters of commitment (LOC), proactive alerts, detailed history, eligibility confirmation, and a 4-way matching price activation and synchronization service. Collaboration Portal enables the entire healthcare supply chain—manufacturers, distributors, providers and group purchasing organizations—to work together throughout the contract and price implementation process, reducing time, labor and pricing errors.

"We understand that HealthTrust is committed to helping their hospital members deliver high quality, cost effective healthcare," said Bruce Johnson, president and CEO of GHX. "We share this goal by helping enable healthcare organizations working with GHX to automate business processes for improved efficiency and savings. In collaboration with our customers, we've successfully eliminated $2.3 billion in industry supply chain expenses since January 2010. It's because of our relationship with partners like HealthTrust that we're able to make such a significant impact on the healthcare industry."

About GHX
Global Healthcare Exchange, LLC (GHX), a healthcare technology and services company, helps reduce the cost of doing business in healthcare by enabling better supply chain management. GHX makes it easier for hospitals, other healthcare providers and the suppliers that do business with them to drive cost and inefficiency out of their processes. Working with GHX, the healthcare organizations that make up the GHX Global Network are on track to save $5 billion by 2014—savings that can be invested in such things as hiring more nurses, providing care to uninsured children or developing new medical products. GHX is owned by organizations on both the buy and sell side of the healthcare supply chain, including some of the largest companies in the world. Find GHX on the Web, on Twitter @GHX_LLC and on Facebook @GHX.

About HealthTrust
HealthTrust Purchasing Group, L.P., ( headquartered in Brentwood, Tenn., is a group purchasing organization that supports nearly 1,400 not-for-profit and for-profit acute care facilities, as well as 10,600 ambulatory surgery centers, physician practices and alternate care sites. With an annual purchasing volume by its members of more than $20 billion, HealthTrust is committed to obtaining the best price for clinically recommended products, ensuring their timely delivery, and continuously evaluating and improving its services to the patients, physicians and clinicians it serves. HealthTrust is closely integrated with the provider-proven capabilities of Parallon Business Solutions ( which include revenue cycle and business process expertise, workforce management solutions, supply chain services and technology solutions.

Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. PDI Signs Agreement with HealthTrust for Surface Disinfection Products
2. HealthTrust Signs Agreement with Safecor Health for Medication Repackaging
3. SurgiCount Medical Awarded Contract From HealthTrust Purchasing Group for the Safety-Sponge® System
4. DebMed Selected By Three Leading Healthcare Group Purchasing Organizations To Demonstrate Innovative Patient Safety Solution
5. Ansell Limited and Ramsay Health Care Enter Global Multi-Year Purchasing Agreement
6. Medical Oncology Association of Southern California Purchasing Network (MPN) Names Cardinal Health Specialty Solutions as its Primary Healthcare Solutions Partner
7. Medical Device Study Presents Detailed View of Key Budget and Staffing Metrics for Marketing Groups
8. The Acute Liver Failure Study Group Initiates Phase 2a Study of OCR-002 for Treatment of Acute Liver Failure after Acetaminophen Overdose
9. Nathaniel Group, Inc. Ships Multiple Novel Light Sources
10. Sosei Group Corporation: QVA149 Filed by Licensing Partner as a Once-Daily Maintenance Treatment for COPD in Japan
11. Herborium Group, Inc. Announces No Disruptions From Hurricane Sandy
Post Your Comments:
(Date:11/25/2015)... 25, 2015 Allergan plc (NYSE: ... Rugen Therapeutics, a start-up  biotechnology company focused on ... disorders and funded by the F-Prime Biomedical Research ... into an exclusive collaboration to support the discovery ... Disorders (ASD) and Obsessive Compulsive disorders (OCD). ...
(Date:11/25/2015)... 2015 USP 800 applies to all ... pharmacists, pharmacy technicians, nurses, physicians, physician assistants, home ... also covers all entities which store, prepare, transport, ... healthcare institutions, patient treatment clinics, physicians, practice facilities, ... --> What is the purpose of ...
(Date:11/25/2015)... 2015 Asia -based ... BioLight and the New Investors will make a direct ... a private placement. The financing will help IOPtima to ... used in the treatment of glaucoma, as well as ... IOPtimate™ system with the U.S. Food and Drug Administration, ...
Breaking Medicine Technology:
(Date:11/26/2015)... ... November 26, 2015 , ... CognisantMD and Cambridge Memorial ... in the Waterloo region. Using the Ocean Platform, family physicians can now order ... electronic medical record (EMR) without the need for redundant patient entry or an ...
(Date:11/26/2015)... ... ... PRMA Plastic Surgery is updating their record books yet again with an ... breast reconstruction surgery! , “What an accomplishment for the PRMA team, says Dr. ... an honor to have served all of these women.” , PRMA is one of ...
(Date:11/26/2015)... ... ... Indosoft Inc., developer and distributor of the world-class Asterisk based contact center software Q-Suite, ... The new Q-Suite 6 platform is based on the latest Java Enterprise standards. By ... piece of software for many key components of the suite. Much of the suite ...
(Date:11/25/2015)... ... November 25, 2015 , ... Finnleo, a leader in the traditional and far-infrared ... traditional and far-infrared saunas. , For traditional saunas, Finnleo is offering ... sauna wood, and Finnleo uses only European Grade A Nordic White Spruce from sustainably ...
(Date:11/25/2015)... ... November 26, 2015 , ... Ministers, senior government ... ANDI Pan African Centres of Excellence, and public R&D institutions, civil societies and ... opening of the 5th African Network for Drugs and Diagnostics Innovation, ANDI, Stakeholders ...
Breaking Medicine News(10 mins):