LOUISVILLE, Colo., March 25 /PRNewswire/ -- GHX today announced the product category winners of the seventh annual Best-in-Class Awards, recognizing 29 medical-surgical manufacturers in 34 different product categories. Best-in-Class status is determined through a combination of year-over-year market share growth and total market share through the end of 2009. The winners will be honored at the 10th Annual GHX Supply Chain Summit in Orlando, March 29-31, 2010 - the largest event in healthcare that focuses on the entire supply chain and brings participants together to address common issues.
"During 2009, we saw some interesting trends emerge in the medical-surgical marketplace, with decreased spending in many areas and stability and even growth in others," said Ed McCauley, vice president, E-Sourcing and Business Intelligence, GHX. "By leveraging comprehensive and accurate market insights, this year's Best-in-Class winners were able to navigate the complexities of this healthcare environment and remain competitive despite the down economy. The performance of these companies proves that there continue to be market opportunities for manufacturers if they know where to target their sales efforts."
GHX Market Intelligence tracks and reports on more than $35.5 billion of distributed sales for medical-surgical and clinical laboratory supplies and devices. It is the only comprehensive source for accurate, detailed and timely data for the acute and alternate site healthcare markets, containing geographically relevant and competitive market share, size and average selling price reporting down to the three-digit ZIP code level.
As the business hub for healthcare, Global Healthcare Exchange, LLC (GHX) enables healthcare providers and suppliers in North America and Europe to reduce costs and improve margins by automating processes, reducing operating expenses and increasing knowledge-based decision making. Products and services include trading partner connectivity, order and contract management and validation, data synchronization, sales force automation and business intelligence. Equity owners of GHX are Abbott Exchange, Inc.; AmerisourceBergen Corp.; Baxter Healthcare Corp.; B. Braun Medical Inc.; BD; Boston Scientific Corp.; Cardinal Health, Inc.; Covidien; C.R. Bard, Inc.; Thermo Fisher Scientific Inc.; GE Healthcare; HCA; Johnson & Johnson Health Care Systems Inc.; McKesson Corp.; Medtronic USA, Inc.; Owens & Minor; Premier, Inc.; Siemens; University HealthSystem Consortium; and VHA Inc. For more information, visit www.ghx.com.
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