Broadlane and Global Healthcare Exchange Integrate Key Suppliers and Hospitals.Business/High-Tech Editors, Health/Medical Writers SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden & WESTMINSTER, Colo.--(BUSINESS WIRE)--Nov. 21, 2002 Connectivity between the companies' respective electronic trading Please help recruit one or [ improve this article] yourself. See the talk page for details. exchanges expands e-commerce opportunities for both hospitals and suppliers Broadlane Inc. and Global Healthcare Exchange, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (GHX GHX Global Healthcare Exchange GHX Ground Heat Exchanger ) announced today that a number of Broadlane hospital customers are now transacting orders with GHX suppliers using the combined connectivity of the Broadlane and GHX electronic trading exchanges. The first transactions are occurring between Tenet Healthcare Tenet Healthcare Corporation (THC) is an operating company that owns and operates 57 hospitals in the United States [1]. It is based in Dallas, Texas. Its stock ticker symbol on the New York Stock Exchange is NYSE: THC. hospitals and subsidiaries of Johnson & Johnson Health Care Systems Inc., B. Braun Medical Inc. and Guidant Corp. To date, 91 of Tenet Healthcare's hospitals have ordered through the Broadlane-GHX connection. Broadlane and GHX plan to quickly expand this connectivity to include more Broadlane provider customers and additional GHX supplier members. "Johnson & Johnson, B. Braun and Guidant are important, widely used suppliers among our hospital customers, and we are pleased to now offer our customers electronic connectivity to these suppliers through the combined Broadlane-GHX solution," said Lee Marston, Broadlane's chief information officer. "We also appreciate the efforts of both GHX and these suppliers in getting this new integration in place as quickly as possible. Our customers are looking forward to our adding additional GHX affiliated suppliers in the near future." The connections are the first under a three-year agreement between the two companies announced on June 26, 2002. That agreement called for the two to connect their respective Internet-based trading exchanges, creating a more comprehensive supply chain solution for their respective customers. The Broadlane exchange is known as BroadLink(TM). "The BroadLink-GHX connection represents an important milestone toward achieving our shared goal of using e-commerce to help improve supply chain efficiencies," says GHX Chief Executive Officer Mike Mahoney Mike Mahoney (born December 5, 1972 in Des Moines, Iowa), is a Major League baseball catcher, formerly with the St. Louis Cardinals. He made his Major League debut on September 8, 2000 with the Chicago Cubs, and after two seasons in Chicago, he was released and eventually signed . "By working together, our respective exchanges are minimizing duplication and redundant costs for both suppliers and providers. Our participating members and customers will now be able to conduct business with one another through a single Internet connection, either to GHX or BroadLink, while significantly increasing the percentage of business that they can conduct through e-commerce." J&J subsidiaries that are part of the BroadLink-GHX connection are Johnson & Johnson Medical, Cordis, Codman, Ethicon, Ethicon Endo-Surgery Ethicon Endo-Surgery, Inc., a subsidiary of Johnson & Johnson, is a company that designs and manufactures medical devices and surgical instruments with the intent of minimizing the invasiveness of surgery. Ethicon Endo-Surgery was part of Ethicon, Inc. , Gynecare and Depuy. About Broadlane Broadlane delivers total cost management to the healthcare industry, allowing hospitals to reduce operational costs while maintaining or enhancing patient care and clinician satisfaction. Broadlane services include contracting, clinical services, technology and data management, and outsourcing services. Among the companies that focus on cost management within the healthcare supply chain, only Broadlane offers this total cost management approach. Broadlane customers include leading healthcare providers such as Kaiser Permanente Kaiser Permanente is an integrated managed care organization, based in Oakland, California, founded in 1945 by industrialist Henry J. Kaiser and physician Sidney R. Garfield. , Tenet Healthcare Corporation, Universal Health Services Universal Health Services, Inc. NYSE: UHS is a Fortune 500 company based in King of Prussia, Pennsylvania. This company is one of the nation's largest health care management companies, operating acute care hospitals, behavioral health facilities and ambulatory centers , Continuum Health Partners, The Health Alliance of Greater Cincinnati, Kindred Healthcare Kindred Healthcare Incorporated (NYSE: KND) is a Fortune 500 healthcare services company located in Louisville, Kentucky. Kindred Healthcare was founded in 1985 as Vencor, Inc. , Community Health Systems, U.S. Oncology, Alliance Imaging Inc., and others. Broadlane counts among its customers more than 450 acute care hospitals and more than 1,400 sub-acute care facilities. Broadlane has offices in San Francisco and Oakland, Calif.; Cincinnati; Dallas; and New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . For more information, visit www.broadlane.com. About GHX Global Healthcare Exchange, LLC (GHX) has created an open and neutral Internet-based trading exchange, along with additional value-added products and services, to reduce costs and improve efficiencies for all participants in the healthcare supply chain. GHX's members and strategic partners include suppliers and distributors; integrated delivery networks (IDNs), hospitals and ancillary healthcare facilities; group purchasing organizations and their proprietary healthcare trading exchanges; and supply chain technology companies. GHX has built the AllSource(TM)product catalog, the first in healthcare to be based on industry standards and contain normalized data owned and verified by suppliers. The accuracy of the AllSource catalog enables GHX to successfully address many of the most common and costly problems inherent in healthcare procurement. Equity owners of GHX include Johnson & Johnson; GE Medical Systems; Baxter International Baxter International Inc. (NYSE: BAX), is a global healthcare company with 48,000 employees and 2006 sales of US$10.4 billion. Its headquarters is in Deerfield, Illinois. , Inc.; Abbott Laboratories; Medtronic, Inc.; AmerisourceBergen Corporation; B. Braun Medical Inc., Becton, Dickinson & Co.; Boston Scientific Corporation; Cardinal Health, Inc.; C.R. Bard, Inc.; Fisher Scientific International Inc.; Guidant Corporation; McKesson Corporation; Siemens Medical Solutions Siemens Medical Solutions (Siemens Med) is a supplier to the healthcare industry, and is headquartered in Erlangen, Germany. Its U.S. division, Siemens Medical Solutions USA, Inc., is a Delaware corporation, with headquarters in Malvern, Pennsylvania. and Tyco International, Ltd. For more information visit www.ghx.com. |
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