DemeTECH Utilizes Global Healthcare Exchange To Sell Surgical Sutures To US Hospitals

WESTMINSTER, Colo. and MIAMI, Sept. 1 /PRNewswire/ -- DemeTECH, a supplier of surgical sutures and blades, has joined Global Healthcare Exchange (GHX) and will utilize the GHX WebDirect order processing tool to transact business via e-commerce with healthcare providers in the United States. WebDirect enables suppliers that do not have an existing EDI infrastructure to receive purchase orders and transmit purchase order acknowledgements and invoices electronically with multiple customers through a single Internet connection.

Headquartered in Miami, DemeTECH sells and supports surgical suture products in more than 30 countries and, earlier this year, received FDA approval to expand its product line in the United States. "DemeTECH strives to market the highest quality products at the lowest reasonable cost. GHX WebDirect will help us maintain our competitive pricing structure by providing us with e-commerce capabilities without having to make a significant IT investment," said Luis Arguello, Jr., Vice President of DemeTECH. "Our current and potential customers have also stated a preference to transact business with us electronically, and using GHX will help us meet that need in the most cost effective manner."

In addition to better serving customer needs, DemeTECH can utilize WebDirect to review new and acknowledged orders from any computer with a standard Web browser, respond to orders, check and update order status, and receive discrepancy alerts. DemeTECH will also maintain and verify the most accurate and current information about its products in the GHX AllSource(R) Content Repository, through which customers can synchronize their internal product data to that provided by DemeTECH and other suppliers.

"Both GHX and DemeTECH share a commitment to improving operational efficiencies and offering quality products and services at an affordable price," says Tina Vatanka Murphy, GHX Executive Director, Supplier Membership and Market Development. "WebDirect makes it possible for DemeTECH to participate in GHX and gives providers connected to the exchange more opportunities to increase the percentage of their overall purchasing that they conduct electronically."

About DemeTECH

DemeTECH Corporation, a global manufacturer of surgical closure systems and blades for the healthcare market, is committed to providing innovative patient-centered products, while reducing the overall costs of procuring surgical supplies. The company's products are manufactured in the US and comply with FDA, CE and ISO regulations. Headquartered in Miami, Florida, DemeTECH supports sales in more than 30 countries, including the US market. Learn more about DemeTECH at www.demetech.us.

About Global Healthcare Exchange

Global Healthcare Exchange, LLC (GHX) provides an open and neutral electronic trading exchange, along with complementary products and services, through which buyers and sellers can collaborate to improve efficiencies in the healthcare supply chain. GHX's catalog and content services improve the accuracy of purchasing transactions, reducing many of the most common and costly problems in healthcare procurement, while the privately held company's revenue neutral business model is designed to lower costs for all involved. GHX's owners, strategic partners, and trading exchange participants are representative of the entire healthcare supply chain, including manufacturers and distributors, integrated delivery networks (IDNs), hospitals and ancillary healthcare facilities, group purchasing organizations and their proprietary healthcare trading exchanges, and supply chain technology companies. Equity owners of GHX include Johnson & Johnson Health Care Systems Inc.; GE Medical Systems; Baxter Healthcare Corp.; Medtronic USA, Inc.; Abbott Exchange, Inc.; Siemens; Becton, Dickinson & Co.; Boston Scientific Corp.; Tyco Healthcare Group, LP; Guidant Corp.; C.R. Bard, Inc.; AmerisourceBergen Corp.; Cardinal Health, Inc.; Fisher Scientific International, Inc.; McKesson Corp.; B Braun Medical Inc.; Premier, Inc. and HCA. For more information visit www.ghx.com.

Global Healthcare Exchange

CONTACT: Karen Conway of Global Healthcare Exchange, +1-719-488-0359, orcell, +1-303-564-2147, kconway@ghx.com; or Luis Arguello, Jr., VicePresident of DemeTECH, +1-305-597-5277, luisjr@demetech.us

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