Global Healthcare Exchange Acquires Prodigo

Cleary Gottlieb is representing Global Healthcare Exchange (GHX) in its acquisition of Prodigo Solutions Inc. (Prodigo).

The transaction was announced on April 17, 2023.

Headquartered in Louisville, Colorado, GHX has employees in the United States, Canada, and Europe, and is known for operating the largest health care trading network representing more than 80% of licensed beds in the U.S. and more than 85% of med-surg products flow through the platform. Cleary represented GHX in its acquisition of Lumere in 2020, following which acquisition GHX also operates the largest unified data core of item, vendor, transaction data, and clinical evidence, and Cleary also represented GHX in its acquisition of Syft in 2022, a leading provider of AI-enhanced inventory control and end-to-end supply chain management software and services.

Pennsylvania-based Prodigo provides an industry-leading supply chain marketplace and exchange software solution. Their solution is specifically focused on the health care market, containing over 57 million items in the marketplace formulary and serving over 100,000 beds.

For more information, please see the press release here.