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Announced

Acquisition by Global Healthcare Exchange of the core business of Medical Columbus

Synopsis

Acquisition by GHX Europe GmbH, a subsidiary of Global Healthcare Exchange, of the core business of Medical Columbus, a Germany-based developer of healthcare procurement software. Financial terms were not disclosed. “The solutions and employee team we are acquiring is a tremendous addition to GHX Europe," said Bruce Johnson, CEO and president of GHX. "With this acquisition, we are enhancing our solutions portfolio and expanding our footprint in Europe. This is great for our multi-national suppliers and local European provider customers by providing them with a larger pool of potential trading partners that can fuel increased business process efficiencies."

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