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Healthcare Market Transformation Must Continue in 2012 for Improved Long-term Health of Industry
Date:1/9/2012

LOUISVILLE, Colo., Jan. 9, 2012 /PRNewswire/ --The healthcare market has dominated headlines for the past three years and with the Supreme Court scheduled to review the healthcare reform act, 2012 should be no different. Regardless of the outcome (of the Supreme Court review), there is general consensus that the healthcare marketplace must continue to transform in order to remain viable for the citizens it serves. GHX, the healthcare technology and services company that brings together the majority of supply chain trading partners to electronically conduct their business transactions, is predicting key inflections in the market that will move healthcare closer to long-term sustainable health.

 

GHX anticipates that the healthcare marketplace in 2012 will show increased provider consolidation; healthcare delivery organizations will experience a "repricing" as they move into requirements of healthcare reform; hospital supply chains will be centralized to maximize efficiency; hospitals will increase focus on quality in order to achieve cost reduction; and both providers and suppliers will be examining ways to increase trust, a current inhibitor of healthcare market transformation.

 

"Healthcare is a complex industry and changing the way business is done to ensure the viability and success of the hospitals and medical suppliers is a daunting challenge," said Bruce Johnson, president and CEO of GHX. "Never before has the industry been on the brink of such change, planning for the bold moves needed to achieve long-term fiscal health so it can continue delivering high-quality care and products to patients. In keeping with this environment, I see GHX on the threshold of change, as we prepare to deliver new solutions that will meet the evolving needs of the industry."

1.     Provider Consolidation

In the coming year, hospitals and care providers will need to c
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SOURCE GHX
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