Global Healthcare Exchange (GHX) has agreed to acquire Pittsburgh-based technology firm Prodigo Solutions. Founded in 2008 by the University of Pittsburgh Medical Center, Prodigo’s technology uses data enablement to optimise spending and identify cost savings in the supply chain, covering a range of medical products and services. The acquisition aims to broaden GHX’s supply chain management capabilities and support hospitals and healthcare providers by ensuring that spending is directed towards cost-effective, compliant product options during procurement. The deal is expected to close in the second quarter of 2022.
What You Should Know:
– Today, Global Healthcare Exchange (GHX) announced that it has signed a definitive agreement to acquire Pittsburgh, Penn.-based Prodigo Solutions, Inc. (Prodigo), a supply chain and data enablement technology company.
– Prodigo was founded in 2008 by UPMC, the world-renowned Pittsburgh-based healthcare provider and insurer. Prodigo’s offerings help to broaden the healthcare supply chain’s span of control, expanding the potential for savings across multiple categories of spend (including non-traditional categories such as purchased services, minor equipment, and labor) and across a quickly expanding continuum of care (including acute, nonacute, clinics, offices, and direct-to-patient care).
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– Prodigo shapes demand by directing spending toward contractually compliant and cost-optimized product options during the procurement process.
Source: HitConsultant