Cardinal Health Canada Commits to Transaction Accuracy and Efficiency by Sharing Catalogue Data with Customers through GHX
TORONTO, July 10, 2012 /CNW/ - To help achieve more accurate and efficient e-Commerce transactions among its Canadian customer base, Cardinal Health Canada will share its catalogue data with healthcare providers through GHX. With access to data on more than 130,000 items, Cardinal Health Canada's customers can help ensure they are purchasing the right products at the right prices from a multitude of healthcare manufacturers through the Cardinal Health distribution network.
"Sharing catalogue data with Canadian healthcare providers through GHX supports our mission to help customers control costs and increase effectiveness," said Don Cere, vice president, National Marketing and Business Development, Cardinal Health Canada. "With access to timely and accurate product and price data, customers can send cleaner transactions. This will assist operational performance on both sides of the supply chain by reducing manual rework, increasing process efficiencies and improving invoice match rates."
Cardinal Health Canada's customers, integrated with the GHX electronic trading exchange, will now be able to leverage GHX to more accurately align the contract and item file data in their internal systems with the data in Cardinal's product catalogue. With increased access to Cardinal Health Canada's internal data, healthcare providers can help ensure they are using the correct product codes when ordering items from Cardinal and they are purchasing at the most recently negotiated prices.
"There is a growing recognition in the healthcare industry that all members of the supply chain must come together and collaborate in order to drive down costs," said Nils Clausen, general manager, GHX Canada. "We applaud Cardinal Health Canada's move to share its catalogue data with customers through the GHX Exchange and believe that this level of data sharing will contribute to meaningful and sustainable supply chain transformation."
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 organizations that make up the GHX Global Network are on track to save $5 billion by 2014—savings that can be invested in such things as hiring more nurses, providing care to uninsured children or developing new medical products. GHX is owned by organizations 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.
About Cardinal Health Canada
Headquartered in Vaughan, Ontario, Cardinal Health Canada is a wholly owned subsidiary of Cardinal Health, Inc. (NYSE: CAH), a $103 billion health care services company that improves the cost-effectiveness of health care around the globe. As the leading solution provider for Canadian healthcare, we focus on patient care while enhancing efficiency and improving the quality of healthcare for Canadians. Cardinal Health Canada, with over 700 employees nationwide, is the vital link in the Canadian healthcare supply chain, providing over 70,000 products from over 400 suppliers to medical professionals and healthcare facilities across the nation. More information can be found at http://www.cardinalhealth.ca.
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