Schaan Healthcare Products Inc. Collaborates with Customers through GHX to Drive Greater Efficiency and Cost Savings in the Healthcare Supply Chain

Marks major milestone in supply chain automation within the province of Saskatchewan

TORONTO and SASKATOON, Saskatchewan, Dec. 4, 2012 /CNW/ - Schaan Healthcare Products Inc., a leading distributor of medical supplies to healthcare facilities in Saskatchewan, has joined the GHX electronic healthcare trading exchange to automate its business transactions with customers so that all parties can benefit from greater supply chain efficiency and accuracy.

As a member of the GHX collaborative community, Schaan Healthcare Products has published its product catalogue to the GHX AllSource® repository, the only supplier-verified data synchronization platform in the healthcare industry, enabling its customers to use updated and accurate product information within their business transactions. Through the GHX Exchange, Schaan Healthcare Products can now transact purchase orders, purchase order acknowledgements, advanced shipment notifications and invoices electronically with its trading partners to help boost mutual productivity, minimize manual rework and enhance operational performance.

"We've joined GHX to help our customers achieve their strategic goals of minimizing waste and reducing costs within the supply chain as well as improve our own internal business processes so that we can operate with greater efficiency and accuracy," said Collin Schaan, President and CEO, Schaan Healthcare Products. "By automating previously manual processes, we can focus our efforts on excellent product delivery and service and our customers can allocate more of their time to providing exceptional patient care."

"With the majority of Saskatchewan's health regions already transacting business through the GHX Exchange, Schaan Healthcare Products' participation marks a major milestone in healthcare supply chain automation within the province," said Nils Clausen, general manager, GHX Canada. "Significant and sustainable change within the healthcare supply chain requires a critical mass of participation and the continued rapid growth of the GHX community in Canada is surely a positive step in the right direction."

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 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 Schaan Healthcare Products Inc.

Schaan Healthcare Products Inc. is a privately owned Saskatoon based company. Since 1980 Schaan Healthcare has served Saskatchewan as a leading distributor of medical supplies to health care facilities including hospitals, nursing homes and personal care homes. Schaan Healthcare Products holds the designation of preferred distributor for 3sHealth and its member facilities in Saskatchewan. Further information about Schaan Healthcare Products may be found on its website at www.schaanhealthcareproducts.ca.

SOURCE: GHX

For further information:

Martine Aubin, Marketing Specialist, GHX, +1-647-426-2304, maubin@ghx.com; Collin K. Schaan, President & CEO, Schaan Healthcare Products Inc., +1-306-664-1188, cschaan@schaanhealthcareproducts.ca

http://www.ghx.com

http://www.schaanhealthcareproducts.ca

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