Created to reduce costs and improve efficiencies in the healthcare supply chain, GHX has created the AllSource catalog as the only product catalog in healthcare based on industry standards with normalized data owned and verified by suppliers. A leading supply chain data and information management company, Inobis developed and maintains the Itemcentric data warehouse, which characterizes by function more than 700,000 unique products purchased by hospitals. Through the alliance, Inobis will enhance its growing data preparation services to include connectivity to the AllSource catalog. Because the data in the AllSource catalog is maintained by the suppliers, Inobis’s provider customers can be assured of greater accuracy in the purchase orders they place using this information.

“Real improvements in the healthcare supply chain depend on preventing mistakes that either delay transactions or result in time-consuming and costly reconciliations when buyer and seller information does not match,” say GHX Chief Executive Officer Mike Mahoney. “Inobis is well-respected for its ability to deliver exceptional data management services. Now, with access to the AllSource catalog, Inobis is even better equipped to help hospitals substantially improve the quality and uniformity of their item master files.”

In addition to product specific data, such as item number and description, Inobis’ Itemcentric database also includes information such as associated contracts and purchase price performance. Further, Inobis’ full suite of services includes purchase sourcing and contract management.

“GHX and Inobis’ product offerings complement one another as a result of our common commitment to standardized data and our shared goal of improving supply chain efficiencies,” says Steve Polte, chief operating officer, Inobis. “The total derived benefit for hospitals is the synergy created by the increased order accuracy and more efficient purchasing process enabled by GHX and the comprehensive business intelligence and decision support that Inobis offers.”

About Global Healthcare Exchange
Global Healthcare Exchange, LLC (GHX) has created an open and neutral Internet-based trading exchange, and offers additional value-added products and services, to reduce costs and improve efficiencies for all participants in the healthcare supply chain. GHX’s members and strategic partners include suppliers and distributors; integrated delivery networks (IDNs), hospitals and ancillary healthcare facilities; group purchasing organizations and their proprietary healthcare trading exchanges; and supply chain technology companies. GHX has built the AllSource™ product catalog, the first in healthcare to be based on industry standards and contain normalized data owned and verified by suppliers. The accuracy of the AllSource catalog enables GHX to successfully address many of the most common and costly problems inherent in healthcare procurement. Equity owners of GHX include Johnson & Johnson; GE Medical Systems; Baxter International, Inc.; Abbott Laboratories; Medtronic, Inc.; AmerisourceBergen Corporation; B. Braun Medical Inc., Becton, Dickinson & Co.; Boston Scientific Corporation; Cardinal Health, Inc.; C.R. Bard, Inc.; Fisher Scientific International Inc.; Guidant Corporation; McKesson Corporation; Siemens Medical Solutions and Tyco International, Ltd. For more information visit www.ghx.com.

About Inobis
Founded in April 1999, Inobis is healthcare’s leading supply chain data and information management company. Inobis delivers comprehensive data content intelligence through a combination of advanced software tools, experienced clinicians, and product experts. Based in Knoxville, Tenn., Inobis has helped over 200 hospitals achieve supply chain savings and improve operating margins by evaluating contract compliance, identifying discrepancies between purchase price and contract price, pinpointing standardization opportunities, and evaluating supply utilization. For additional information, visit www.inobis.com or call 888-327-2599.