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GHX Launches GHX MiShare(TM) Market Intelligence Tool

Posted : Thu, 17 Apr 2008 14:46:45 GMT
Author : GHX
Category : Press Release
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GHX offers customizable, real-time access to the medical-surgical industry's most comprehensive source of market intelligence data 
CHICAGO, April 17 /PRNewswire/ -- GHX today unveiled GHX MiShare(TM), a browser-based web portal that offers customizable, real-time access to the medical-surgical industry's most comprehensive source of national distributed sales transaction data, GHX Market Intelligence*. With GHX MiShare, manufacturers can identify market opportunities, measure market and sales force performance, and formulate critical business strategies to drive growth and achieve competitive advantage.
GHX MiShare enables manufacturers to transform market data into actionable, business critical information. With fully customizable views, a manufacturer can assess its position in the marketplace, gain insights into purchasing trends, evaluate the impact of marketing and sales activities and identify competitive threats. Easy to use and immediately accessible via the web, individuals across a manufacturer's entire organization -- executive management, sales operations and management, product and brand managers, and marketing executives, specialists and analysts -- can use GHX MiShare to make educated business decisions, improving company-wide performance.
"MiShare gives Alfa Wassermann the ability to better understand the markets that we serve and make informed business decisions," said Scott Jacobovitz, director of Marketing, Analysis and Communication, Alfa Wassermann Diagnostic Technologies, LLC. "The portal is easy to navigate and allows us the ability to manipulate the data to best meet our needs. By viewing the data at the three-digit zip code level, we can monitor our competitors in the marketplace and evaluate our own product performance to maximize our market research, sales, and marketing efforts."
"As healthcare manufacturers become increasingly aware of the importance of business intelligence to the success and growth of their companies, they are seeking out new solutions that enable them to deliver actionable information across the entire enterprise," said David Hatch, research director, Business Intelligence, Aberdeen Group. "GHX MiShare meets this need by providing a customizable platform through which manufacturers can deliver timely market intelligence data to individuals when, where and how they need it. GHX delivers a unique solution that allows manufacturers to gain critical insight from data about industry activity, trends and performance."

GHX MiShare features: -- A user-defined start page that provides a high-level dashboard to market conditions, trends and company performance -- Customizable Key Performance Indicators (KPI) targeting an organization's specific needs -- Grids and charts for an in-depth view at the national, state and three-digit zip code level across all manufacturers, SKUs and provider types -- User-friendly, comprehensive graphing and charting tools that can be exported to Microsoft(R) Excel -- Graphical mapping displays that offer quick visual representation of KPIs, enabling manufacturers to quickly identify problem areas
With information provided by 23 of the nation's leading distributors, GHX Market Intelligence tracks and reports on over $30 billion of distributed sales for medical-surgical and clinical laboratory supplies and devices. It is the only comprehensive source for accurate, detailed and timely acute and alternate site market data, with geographically relevant and competitive market share, size and average selling price reporting down to the three-digit zip code level.
"This is a challenging time for growth in the medical-surgical industry as manufacturers face increased competition for market share," said Ed McCauley, general manager, GHX Business Intelligence. "In order to retain existing business and drive new growth, medical-surgical manufacturers need immediate access to up-to-date and usable market data on which to base their decisions."
About GHX
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.; Becton, Dickinson & Co.; Boston Scientific Corp.; Cardinal Health, Inc.; Covidien; C.R. Bard, Inc.; Fisher Scientific International, 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 http://www.ghx.com/
* Formerly HPIS
GHX


Copyright © 2008 PR Newswire. All rights reserved.




Article : GHX Launches GHX MiShare(TM) Market Intelligence Tool
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