CSCMP's Supply Chain Quarterly
Technology
February 21, 2020
Forward Thinking

Global Healthcare Exchange acquires Lumere

Comment
Digital trading platform adds evidence-based data and analytics capabilities to support "clinically integrated" supply chains.

Healthcare business and data automation firm Global Healthcare Exchange (GHX) has acquired technology and analytics provider Lumere, the companies said today. The deal expands Colorado-based GHX's portfolio of solutions for the healthcare industry. Financial terms of the deal were not disclosed.

Chicago-based Lumere provides evidence-based data and analytics solutions that help healthcare organizations build "clinically integrated supply chains," the companies said. GHX provides a range of supply chain tools and services for healthcare providers, manufacturers, and distributors in North America and Europe, including procurement and accounts payable automation, contract and inventory management, vendor credentialing and management, business intelligence, and payment management.

Together, the companies will offer a wider range of tools to help healthcare and pharmaceutical organizations better manage their supply chains.

"By combining the powerful assets of GHX and Lumere, GHX seeks to create the gold standard in data governance, providing a single source of trusted information for the management of devices and drugs used in the delivery of care," GHX said in a press release announcing the deal. "The Lumere acquisition also significantly extends GHX's footprint in the pharmaceutical market, helping health systems more strategically manage the complex area of pharmacy cost."

Join the Discussion

After you comment, click Post. If you're not already logged in, you will be asked to log in or register.


Want more articles like this? Sign up for a free subscription to Supply Chain Executive Insight, a monthly e-newsletter that provides insights and commentary on supply chain trends and developments. Click here to subscribe.

We Want to Hear From You! We invite you to share your thoughts and opinions about this article by sending an e-mail to ?Subject=Letter to the Editor: Quarter : Global Healthcare Exchange acquires Lumere"> . We will publish selected readers' comments in future issues of CSCMP's Supply Chain Quarterly. Correspondence may be edited for clarity or for length.

Want more articles like this? Subscribe to CSCMP's Supply Chain Quarterly.