May 25, 2022 – Global Healthcare Exchange (GHX) today announced it is working with the Healthcare Industry Resiliency Collaborative (HIRC) to help create a more transparent and resilient healthcare supply chain. In joining HIRC, GHX is lending its support for HIRC’s mission to strengthen healthcare supply chains, alongside leading suppliers and providers. GHX brings more than 20 years of supply chain expertise, data-driven insights and innovative technology to the consortium.
“The past two years have underscored the critical role supply chain plays in delivering affordable, quality patient care. It’s also proved that healthcare can collaborate on a large scale when uniting around a common purpose,’ said Tina Vatanka Murphy, division president, Value Based Care, GHX. “By joining HIRC, GHX will help arm organizations with the data and actionable insights they need to thrive in healthcare’s value-based future, where patients are at the heart of every decision.”
In support of greater transparency and availability of supply, GHX is leveraging data from its vast network to help enable the consortium to:
- Measure key resiliency metrics as defined by AHRMM, such as national level fill rate for all products and category-level backorder rates
- Analyze demand across geographies in the U.S. to help identify hot spots by product category
- Support the development of key performance indicators and industry benchmarks to inform provider and supplier scorecards
Founded in 2019, HIRC is a non-profit consortium of healthcare providers and suppliers with a focus on partnership and collaboration for sharing best practices and establishing industry standards to enable consistency and scale. To date, more than 65 members from leading healthcare providers, suppliers, distributors and industry partners have joined forces to advocate for greater resiliency and transparency of the healthcare supply chain.
“The depth and breadth of GHX’s network makes them a valued collaborator,” said Jesse Schafer, MBA, Executive Director, HIRC. “GHX was an early supporter of the consortium, recognizing the value of a collaborative approach between providers, suppliers and industry partners. Together, GHX and HIRC are paving a way to a more transparent and resilient supply chain through deeper collaboration and improvements in data accessibility.”