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Healthcare Supply Chain | Medical Supply Chain| News, Analysis, Trends - HIT Consultant

Olive, Clinc Partner to Add Conversational AI to Digital Healthcare Employee for Hospitals

by Jasmine Pennic 06/24/2019 Leave a Comment

Olive, Clinc Partner to Add Coversational AI to Digital Healthcare Employee for Hospitals

Olive, the company that introduced healthcare’s AI-driven digital employee has joined forces with Clinc, another trailblazer in Artificial Intelligence (AI), to free up time and resources by adding conversational AI capabilities to its existing technology. The combined offering allows Olive’s digital healthcare employee to bring hospitals and health systems broader applications across revenue cycle, supply chain and other financial and operational departments.   While new technologies
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FDA Approves Blockchain/IoT Pilot to Track Specialty Prescription Drugs Across 3 States

by Fred Pennic 04/29/2019 Leave a Comment

FDA Approves Blockchain/IoT Pilot to Track Specialty Prescription Drugs Across 3 States Blockchain in Healthcare_Next Stop for Data-driven Healthcare: Blockchain

The U.S. Food and Drug Administration (FDA) has approved a multi-regional pilot studying the use of blockchain-enabled data technology to track and verify specialty prescription drugs, to ensure safety, enhance value and improve health outcomes.Blockchain Pilot Consortium & Implementation TimelineThe pilot consortium is comprised of Rymedi,Temptime/Zebra, Indiana University Health, WakeMed Health & Hospitals, Good Shepherd Pharmacy and its RemediChain project, as well as the Center for
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Clinically Integrated Supply Chains: The Future of Supply Chain Management?

by Erica Garvin 03/19/2019 Leave a Comment

Clinically Integrated Supply Chains: The Future of Supply Chain Management

Slowly, but surely, supply chain management is evolving. GHX’s Bruce Johnson explains. It’s hard to believe that after nearly a decade of embracing HIT, the U.S healthcare industry still has its share of technological growing pains. Perhaps there is no better example than supply chain management (SCM), where manual methods often remain the default despite the enthusiasm to take things virtual. According to a recent survey conducted by Sage Growth Partners, most executives believe SCM is a
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GHX Names Top 50 Healthcare Providers for Supply Chain Excellence

by Jasmine Pennic 02/15/2019 Leave a Comment

GHX Names Top 50 Healthcare Providers for Supply Chain Excellence

Global Healthcare Exchange, LLC (GHX) has unveiled its annual list of the healthcare provider organizations being recognized as the 2018GHX “Best 50” supply chains in North America for their work in improving operational performance and driving down costs through supply chain automation.  To select the Best 50, GHX looked at the performance of more than 4,100 hospitals in the U.S. and Canada connected to the GHX electronic trading exchange. GHX identified the 50 healthcare organizations that
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Jump Technologies Raises $2M to Expand Hospital Supply Chain Management Platform

by Fred Pennic 11/19/2018 Leave a Comment

Jump Technologies Raises $2M to Expand Hospital Supply Chain Management Platform

Jump Technologies, a hospital supply chain solutions provider, today announced it has raised $2 million in funding led by Black Granite Capital and includes new strategic investor Mount Sinai Ventures and reinvestment by two large investors. The Eagan, MN-based company plans to use the latest round of funding to expand the company’s national sales efforts and support broader product development.Supply Chain Management Is Often Overlooked in HospitalsInventory management in hospitals is often
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GHX: Collaboration Critical to Advance Clinically Integrated Supply Chains

by Jasmine Pennic 10/08/2018 Leave a Comment

Hospital Supply Chain

Driving the next level of innovation in healthcare will require significant collaboration throughout the industry. Today’s healthcare supply chain teams, who possess so much critical data and expertise, and work with nearly every stakeholder in the industry, are increasingly called upon to facilitate the collaboration necessary to attain three familiar healthcare goals: reduce costs, increase efficiency, and improve clinical outcomes. GHX) has identified three key areas where supply chain’s
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GHX Acquires Medical Columbus to Expand Healthcare Supply Chain Presence in Europe

by Fred Pennic 07/12/2018 Leave a Comment

GHX Acquires Medical Columbus to Expand Healthcare Supply Chain Presence in Europe

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
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3 Digital Trends Transforming Medical Supply Chain Companies

by Vanessa Pawlak, Global Health Compliance Leader at Cognizant Consulting 06/11/2018 Leave a Comment

3 Digital Trends Transforming Medical Supply Chain Companies

How Medical Supply Companies Can Take Charge with Digital Many businesses today worry about being “Ubered” or “Amazoned” – that is, seeing their markets invaded by digital native upstarts that overturn traditional business models and value propositions.  The healthcare industry’s complex supply chains and regulatory burdens seem to create a high wall that will discourage such disruption. Yet the reality is artificial intelligence (AI), machine learning, data analytics and intelligent automation,
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GHX and Hashed Health Partner on Healthcare Blockchain Solutions for Supply Chain

by Fred Pennic 05/01/2018 Leave a Comment

Healthcare Supply Chain Market Private Equity Firm Acquires GHX, Healthcare Supply Chain Leader

Global Healthcare Exchange, LLC(GHX), a healthcare business and data automation company, announced today that it is partnering with Hashed Health, a leader in blockchain innovation for healthcare. As part of the partnership, the companies will collaborate on blockchain and distributed ledger innovation projects for the healthcare supply chain.  GHX and Hashed Health share an interest in using blockchain technologies to solve unmet needs across healthcare. Blockchain is widely believed to have
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Survey: Providers Need Better OR Supply Chain Management Systems to Reduce Costs

by Fred Pennic 03/30/2018 Leave a Comment

A new Cardinal Health survey finds that healthcare providers need better operating rooms (OR) supply chain management systems to reduce costs and support patient safety. The survey of 305 surgical staff and hospital supply chain decision-makers fielded by SERMO provides insight into the current inventory management needs of operating rooms in the U.S.Financial challenges persist across health care systems. And while the OR is among the top revenue drivers for a hospital, it’s also one of the
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