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Global Healthcare Exchange (GHX) has acquired Explorer Surgical, operator of a 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.
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.
As more procedures migrate to outpatient settings, scaling collaboration and knowledge-sharing between healthcare providers and suppliers becomes more important. Telementoring can help accelerate broad dissemination of specialized knowledge to providers across the country – a critical factor in reducing time to market for new devices and advancing procedural techniques. Digital and remote case support, offered by Explorer Surgical, enables providers and suppliers to collaborate on a much larger scale, making procedures a more efficient and repeatable process through accessible training and based on the clinical evidence. This helps ground more patient care decisions in the best practices and data needed to yield improved outcomes.
This acquisition follows GHX’s January 2020 acquisition of Lumere as part of its strategy to continue equipping providers and suppliers with better data and information to improve patient care.
Key Explorer Surgical leaders, including Jennifer Fried and CTO Eugene Fine will remain with the combined organization, with Fried serving as General Manager of Explorer Surgical, a GHX Company. The company’s operations will remain in Chicago.
Source: GHX
