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Global Healthcare Exchange Announces Acquisition of Explorer Surgical

DateOctober 14, 2021
CategoriesCohort News
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GHX Further Expands Portfolio of Data and Evidence-Based Solutions that Advance Quality Patient Care

Global Healthcare Exchange (GHX) today announced it has acquired Chicago-based Explorer Surgical Corp., operator of a comprehensive digital and remote case support platform that connects suppliers with healthcare provider teams. By combining Explorer Surgical’s digital expertise in creating innovative procedure playbooks, telementoring and performance tracking tools with GHX’s cloud-based supply chain network and industry-leading collection of data and clinical evidence, the combined organization will help providers and suppliers deliver a higher quality standard for patient care. Explorer Surgical will operate as a wholly owned subsidiary of GHX.

“To succeed in value-based healthcare, organizations must democratize knowledge and data to create more efficient processes and better outcomes,” said Bruce Johnson, president and CEO, GHX. “Patient care decisions must be grounded in data, product expertise and procedural best practices because lives depend on it. Our combined organization will work to reduce unwarranted variation in healthcare and help the industry deliver on the promise of value-based care.”

With reimbursements increasingly tied to producing positive patient outcomes, providers and suppliers will have more shared responsibility for managing risk. Surgical and procedural suites involve the most invasive and expensive forms of patient care, presenting challenges for meeting value-based care goals. These challenges are further compounded in the realm of costly implantable devices, where providers increasingly rely on their network, including suppliers, to improve outcomes and reduce costs.

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