GHX Acquires Beep N Track to Accelerate Delivery of Healthcare Industry's First Implantable Device Supply Chain Solution

GHX completed the acquisition of the Beep N Track solution from Implanet. The acquisition is the latest move by GHX to expand its extensive healthcare footprint to include the industry's first comprehensive supply chain solution for physician preference items (PPI) and implantable medical devices. Financial terms were not disclosed.

The GHX implantable device supply chain solution will continue the company's commitment to developing industry solutions that allow providers and manufacturers to jointly automate shared business processes for greater efficiencies. The GHX solution will capture data from product purchase to product usage at the point of care, creating capture capability for compliance, while enabling accurate billing, purchasing and inventory tracking.

Beep N Track's traceability solution records near real-time medical device and implant data from creation to point of use. Designed to work with a variety of mobile hardware, as well as bar code and RFID capture devices, Beep N Track helps with recall management, paperless electronic filing, device traceability, stock management, regulatory compliance, order management, procedure validation and inventory management. The data provided by Beep N Track is transformed into actionable information, allowing more efficiency, security and protection for suppliers and providers. According to GHX, the Beep N Track technology will become part of a complete implantable device supply chain and inventory management solution the company is currently developing. (Source: GHX)