Global Healthcare Exchange, LLC Signs Agreement with McKesson to Enhance e-Commerce Services for Healthcare Providers.Business Editors/Health/Medical Writers WESTMINSTER, Colo.--(BUSINESS WIRE)--Aug. 14, 2003 Agreement strengthens supplier connectivity and product sourcing capabilities for shared customers 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 that it has signed an alliance agreement with McKesson Information Solutions that provides direct connectivity between McKesson's Horizon Supply Source(TM) Web-based procurement tool and GHX's electronic trading  This article or section is in need of attention from an expert on the subject.Please help recruit one or [ improve this article] yourself. See the talk page for details. exchange, including its industry-standard AllSource(TM) catalog, the only electronic catalog in healthcare to contain product data maintained and verified by the manufacturers. This integrated solution will lower costs for joint GHX and McKesson customers by automating the purchasing process Purchasing Purchasing is the formal process of buying goods and services. The Purchasing Process can vary from one organization to another but there are some key elements that are common throughout The process usually starts with a 'Demand' or requirements -- from requisition, through order fulfillment Order fulfillment (in BE also: order fulfilment) is in the most general sense the complete process from point of sales inquiry to delivery of a product to the customer. Sometimes Order fulfillment and payment. "GHX and McKesson continually strive to better integrate the supply chain in order to generate new efficiencies for hospitals and healthcare systems," 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 creating this strategic alliance, our joint users can obtain access to more suppliers and more accurate product information, at a lower cost." Through this alliance, providers gain the ability to conduct business electronically with more than 100 healthcare suppliers participating in GHX through a single, secure Internet connection, alleviating the need to establish and maintain separate connections with each of those suppliers. Providers and suppliers will also be able to transact business through a more secure Internet connection than previously available with a dial-up link. By facilitating buyer and seller product data synchronization Keeping data in two or more computers up-to-date so that each repository contains the identical information. Data in handheld devices and laptops often require synchronization with the data in a desktop machine or server. , access to the AllSource catalog can improve purchase order accuracy and minimize many of the most common and costly mistakes in healthcare purchasing. Building on the accuracy of the AllSource catalog, GHX Content Intelligence(TM) instills quality into the process by identifying product data errors in purchase orders earlier, when they are less costly to fix, and take steps to resolve future inaccuracies. "Our clinical and materials management Materials management is the branch of logistics that deals with the tangible components of a supply chain. Specifically, this covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts, and the standards involved in ordering, products seamlessly integrate to provide a true Closed Loop Supply Solution (CLSS CLSS Certified Lodging Security Supervisor CLSS combat logistic support squadron (US DoD) CLSS Combat Logistics Support System ), allowing healthcare providers to integrate patient, revenue and supply processes and information along the entire supply chain, ultimately improving performance, patient care and profits," says John Nunnelly, McKesson Information Solutions group president for resource management and home health. "The in-depth connectivity to GHX will further enhance the strength of our CLSS, to provide our mutual customers with unprecedented efficiencies and savings." Horizon Supply Source is a Web-based solution designed to automate and streamline the procurement cycle for hospitals. It allows healthcare organization to further extend the requisitioning and product sourcing functions of McKesson's NOVA(R) and Pathways Materials Management(TM) solutions to hospital departments not typically connected to materials management information systems (e.g., food services food services Hospital services A 24/7 department in a hospital that provides for the nutritional needs of inpatients–eg, those needing special diets, preparing meals and transporting them to the floor and, through the cafeteria, the hospital staff and , radiology, and cath labs). About Global Healthcare Exchange Global Healthcare Exchange, LLC (GHX) provides an open and neutral electronic trading exchange, along with complementary products and services, through which buyers and sellers can collaborate to improve efficiencies in the healthcare supply chain. GHX's catalog and content services improve the accuracy of purchasing transactions, reducing many of the most common and costly problems in healthcare procurement, while the privately held company's revenue neutral business model is designed to lower costs for all involved. GHX's owners, strategic partners, and trading exchange participants are representative of the entire healthcare supply chain, including manufacturer 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. Equity owners of GHX include Johnson & Johnson Health Care; GE Medical Systems; Baxter Healthcare Corp.; Medtronic USA, Inc.; Abbott Exchange, Inc.; Siemens; Becton, Dickinson & Co.; Boston Scientific The Boston Scientific Corporation (NYSE: BSX) (abbreviated BSC), is a worldwide developer, manufacturer and marketer of medical devices whose products are used in a range of interventional medical specialties, including interventional cardiology, peripheral interventions, Corp. Tyco Healthcare Tyco Healthcare was the former healthcare division of Tyco International Ltd. On June 29, 2007 it became a wholly independent publicly traded company named Covidien Ltd. Group, LP; Guidant Corp.; C.R. Bard, Inc.; AmerisourceBergen Corp.; Cardinal Health, Inc.; Fisher Scientific International, Inc.; McKesson Corp.; B Braun Medical Inc.; Premier, Inc. and HCA HCA, n.pr See acid, hydroxycitric. . For more information, visit www.ghx.com. About McKesson McKesson Information Solutions is part of McKesson Corporation, a Fortune 20 healthcare services and information technology company. McKesson is dedicated to helping its customers deliver high-quality healthcare by reducing costs, streamlining processes and improving the quality and safety of patient care. Over the course of its 170-year history, McKesson has grown to provide pharmaceutical and medical-surgical supply management across the spectrum of care; healthcare information technology for hospitals, homecare and payors; hospital and retail pharmacy automation; and services for manufacturers and payors designed to improve outcomes for patients. For more information, visit us at www.mckesson.com. |
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