GHX Expands Global Healthcare Supply Chain Capabilities

LOUISVILLE, Colorado and CAMBRIDGE, England, April 12, 2012 /PRNewswire/ --

- Acquisition of TriSolve, Ltd. (UK) delivers added services to European healthcare client base

GHX continued its global expansion with the announcement of another healthcare acquisition in Europe, TriSolve Ltd. (Bradford, UK). This addition accompanies the company's recent acquisition of the France-based Beep-N-Track solution (news release) for the upcoming GHX implantable device supply chain solution.

"GHX is focused on lowering the cost of healthcare and increasing supply chain efficiency not just in the U.S. but throughout Europe as well," said Bruce Johnson, president and CEO of GHX. "This acquisition allows us to better serve our European client base, increase utilisation of GHX software services and deliver on ambitious three-year European growth plans."

TriSolve, founded in 2005 by three ex-KPMG consultants, has provided strategic counsel, hands-on practical help and support with system integration and change management to National Health Service (NHS) Trusts and suppliers. GHX is acquiring Trisolve's employees which include ACMA and CPFA qualified accountants; MCIPS qualified procurement professionals; veteran business consultants; former-NHS managers and business transformation and project management specialists. TriSolve will continue to work for its existing customer base while expanding its core offerings to the GHX healthcare market from its offices in Bradford, UK.

"Healthcare organisations in Europe increasingly demand a complete Software as a Service solution. This acquisition provides GHX Europe with added capabilities to assist our clients in supply-side initiatives aimed at lowering costs, eradicating inefficiencies and automating processes," said Michel van der Heijden, president, GHX Europe.

GHX Europe was founded in 2001 in Brussels, Belgium. Since then GHX Europe has become a European leader in enabling hospitals and suppliers to conduct business with a greater number of their trading partners through a single exchange. It currently operates in five countries: the United Kingdom, Germany, The Netherlands, Switzerland and Spain. Throughout these countries, more than 1,800 healthcare provider organisations and 330 suppliers are achieving cost savings and greater business efficiency using GHX core electronic trading exchange services and associated supply chain management solutions.

About GHX

Global Healthcare Exchange, LLC (GHX), a healthcare technology and services company, helps reduce the cost of doing business in healthcare by enabling better supply chain management. GHX makes it easier for hospitals, other healthcare providers and the suppliers that do business with them to drive cost and inefficiency out of their processes. Working with GHX, the healthcare organisations that make up the GHX Global Network are on track to save $5 billion by 2014. GHX is owned by organisations on both the buy and sell side of the healthcare supply chain, including some of the largest companies in the world. Find GHX on the Web, on Twitter @GHX_LLC and on Facebook @GHX.