Global Healthcare Exchange plans to continue acquisition spree

LOUISVILLE — Global Healthcare Exchange LLC, software-as-a-service company providing logistics assistance to the health care industry, has inked an agreement to buy Pittsburgh-based supply-chain technology Prodigo Solutions Inc.

The deal, should it come to fruition, will be GHX’s fourth acquisition in as many years. 

“Connecting Prodigo’s directed buying capabilities with GHX’s industry leading platform and collection of enriched and validated supply chain data, will allow health care providers to better identify opportunities to increase financial control, reduce supply chain costs, eliminate waste, and improve contract compliance,” Prodigo’s executive chairman and president Joseph Mayernik said in a prepared statement. “We are excited for the opportunity to create even greater impact for our joint customers and the broader industry.”

Terms of the deal were not disclosed.

In January 2020, GHX absorbed Chicago-based Lumere Inc., a provider of data and analytics solutions that enable health care organizations to build clinically integrated supply chains and optimize medication formulary management.That was followed up in October 2021 when GHX bought Explorer Surgical Corp., a Chicago operator of a digital and remote case support platform. In February, 2022, the company bought Syft Corp., a Tampa, Florida, developer of artificial intelligence-enabled supply-chain management solutions.

Source: BizWest