The Healthcare Hub

GHX named a Healthcare Industry Notable Vendor in 2022 Gartner® Vertical Industry Context

Wednesday, February 15, 2023

We’re excited to share that GHX was named a Notable Vendor in the 2022 Gartner® Vertical Industry Context: ‘Magic Quadrant™ for Multienterprise Supply Chain Business Networks’. We believe this is meaningful in showing how we help our customers achieve strategic digital transformations and unlock value through collaboration by engaging internally and with trading partners. The expansion of digitization industry-wide helps to modernize and build resiliency in the healthcare supply chain.

According to Gartner, “Multienterprise supply chain business networks (MESCBNs) support a community of trading partners that need to work, communicate and collaborate on business processes that extend across multiple enterprises, with an end-to-end/shared focus. Such networks are owned and managed by third-party software vendors and provide their community of brand owners/manufacturing organizations, buyers, sellers and service partners with multienterprise functionality, services and security.”

The vertical industry context highlights a subsegment of the MESCBN market, recognizing the following differentiating factors:

  • Community – Community of business partners serving a dedicated industry segment (or a value chain with industry segments closely aligned).
  • Functionality – Core supply chain applications serving industry-specific processes and best CTA

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The Critical Next Wave of Digitization

For many healthcare organizations, a digital transformation was already underway as we entered the pandemic. What has become apparent as we move through this multi-year challenge, is that organizations that are further along in the process are much nimbler in addressing changing market dynamics.

The importance of a digital transformation to achieve organizational goals is pretty much universally agreed upon.

According to the HIMSS 2022 State of Healthcare Report, 99% of U.S.-based health system leaders and 95% of their international peers believe it is important for organizations to invest in digital transformation, with the sentiment highest among U.S. health systems.1

With expanded digitization comes increased visibility into key data for both healthcare providers and suppliers to make data-driven decisions. Automated supply chain transactions generate data points that when aggregated help support decisions across the entire supply chain. Healthcare providers and suppliers can leverage actionable insights from data to navigate supply chain disruptions and help inform decisions impacting patient care.

The GHX network enables more resilient and clinically integrated supply chains—building trust, inspiring collaboration and providing the solutions and data to help power patient-centered decisions. An interconnected, scalable supply chain platform helps reinforce your threshold for disruption.

1HIMSS 2022 State of Healthcare Report

Gartner, Vertical Industry Context: ‘Magic Quadrant for Multienterprise Supply Chain Business Networks’, 25 May 2022, Christian Titze, Brock Johns

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This content is part of a larger body of research on this topic. Magic Quadrant for Multienterprise Supply Chain Business Networks