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Roche Diagnostics Joins Global Healthcare Exchange
World leader in in vitro Diagnostic Products Expands e-Commerce
Services to U.S. Hospital Market
WESTMINSTER, Colo. and INDIANAPOLIS, Ind. - January 20, 2003 -
Roche Diagnostics, the leading supplier of diagnostic products and
services for healthcare, has joined Global Healthcare Exchange,
LLC (GHX) to expand its e-commerce services to the U.S. hospital
market. By integrating to GHX's Internet-based trading exchange,
Roche Diagnostics will be able to expand services to receive and
fulfill orders electronically from its hospital customers. More
than 739 hospitals and other healthcare facilities in the U.S. are
already connected and transacting business with suppliers via GHX.
With completion of a recently announced merger between GHX and Medibuy,
Inc., that number will expand to more than 1300 healthcare provider
organizations.
"Roche Diagnostics decided to join GHX because its open and
neutral exchange model and comprehensive suite of services are designed
to reduce costs across the entire healthcare supply chain,"
said Martin Madaus, President and CEO of Roche Diagnostics, North
America. "Through our involvement in GHX, Roche and its customers
can convert many of the key business processes involved in healthcare
purchasing and fulfillment from manual to electronic, ensuring greater
efficiencies that lower overall operating costs."
Many of Roche Diagnostics' current U.S. hospital customers are already
participating in GHX and each will now have the opportunity to buy
products from Roche and other suppliers through a single Internet
connection to GHX. "By joining GHX, we can provide even greater
service options to this important sector of our market," adds
Madaus. Roche Diagnostics already handles a significant amount of
its business with retail and distributor customers electronically,
using electronic data interchange (EDI).
GHX President Mike Mahoney welcomes the addition of Roche Diagnostics
to its growing list of participating suppliers. "As the world's
leading provider of diagnostic systems for healthcare with a broad
product portfolio, Roche is a key supplier to U.S. hospitals. Roche's
participation in GHX will expand the percentage of hospital purchasing
that can be handled electronically, while increasing GHX's ability
to deliver the benefits of e-commerce to the marketplace."
More than 80 suppliers are currently conducting business via GHX
in the United States.
About Roche and the Roche Diagnostics Division
Headquartered in Basil, Switzerland, Roche is one of the world's
leading research-oriented healthcare groups. The company's two core
businesses in pharmaceuticals and diagnostics provide innovative
products and services that address prevention, diagnosis and treatment
of diseases, thus enhancing people's health and quality of life.
The two core businesses employ about 57,000 employees worldwide.
Roche's Diagnostics Division, the world leader in in vitro diagnostics
with a uniquely broad product portfolio, supplies a wide array of
innovative testing products and services to researchers, physicians,
patients, hospitals and laboratories worldwide. Roche Diagnostic's
North American headquarters are located in Indianapolis, Ind. For
further information, please visit our websites www.roche.com
and www.roche-diagnostics.com.
About Global Healthcare Exchange
Global Healthcare Exchange, LLC (GHX) provides an open and neutral
electronic trading exchange, along with complementary products and
services, through which buyers and sellers can collaborate to improve
efficiencies in the healthcare supply chain. GHX's catalog and content
services improve the accuracy of purchasing transactions, reducing
many of the most common and costly problems in healthcare procurement,
while the privately held company's revenue neutral business model
is designed to lower costs for all involved. GHX's owners, strategic
partners and trading exchange participants are representative of
the entire healthcare supply chain, including 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.
Equity owners of GHX include Johnson & Johnson Health Care;
GE Medical Systems; Baxter Healthcare Corp.; Medtronic USA, Inc.;
Abbott Exchange, Inc.; Siemens; Becton, Dickinson & Co.; Boston
Scientific Corporation; Tyco Healthcare Group, LP; Guidant Corp.;
C.R. Bard, Inc.; NewHealthCo, LLC; B Braun, Premier, Inc. and HCA.
For more information visit www.ghx.com.
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