Healthcare supply chain provider GHX announced that the company has entered into an agreement to acquire a majority of assets and employees from Germany-based Medical Columbus, a provider of market leading content management and healthcare procurement software across Germany, Switzerland, Austria, and the Netherlands.
With this acquisition, GHX will expand its supply chain and procurement solution offering and trading partner network in key European markets. Both companies’ solutions serve providers, suppliers and group purchasing organizations (GPOs). GHX and Medical Columbus customers will be able to participate in a larger healthcare trading partner network to improve the efficiency of business processes and increase savings.
Founded in 1998, Medical Columbus is one of the e-health pioneers focusing on procurement processes. The company’s transaction platform synchronizes the various IT systems and catalog data from medical device, pharmaceutical industry, and hospital customers. By standardizing data and processes, mistakes are avoided, processing times are shortened, and costs for suppliers and providers are significantly reduced. Medical Columbus products are best of breed in modern healthcare supply chain solutions.
“The solutions and employee team we are acquiring is a tremendous addition to GHX Europe,” said Bruce Johnson, CEO and president of GHX. “With this acquisition, we are enhancing our solutions portfolio and expanding our footprint in Europe. This is great for our multi-national suppliers and local European provider customers by providing them with a larger pool of potential trading partners that can fuel increased business process efficiencies.”
Added Dirk Isenberg, CEO at Medical Columbus, “We are pleased to be joining with GHX to help drive down costs in healthcare, allowing our customers access to best of breed e-catalogue and e-procurement solutions.”
With more than 4,000 hospitals and 18,000 provider facilities worldwide in the GHX community, the acquisition reinforces GHX’s commitment to remove cost from healthcare by continuing to grow a global trading partner network that benefits both provider and suppliers.