SOURCE: Greenhealth Exchange

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December 13, 2016 10:00 ET

Greenhealth Exchange Executes Contract with UL for Groundbreaking Sustainability Data in Health Care

Begins development of groundbreaking single repository of data for health care providers and suppliers

WASHINGTON, DC--(Marketwired - December 13, 2016) - Greenhealth Exchange (GX) -- a purchasing cooperative that makes it easy to source safer and healthier products and services used in health care settings -- announced today that it has entered into a unique, multi-year agreement with UL (Underwriters Laboratories), a science safety company dedicated to promoting safe living and working environments, relating to its PurView Sustainability platform. As part of the agreement, UL will license PurView, a flexible platform allowing the development of proprietary evaluative frameworks for sustainability assessments. GX will use this first of its kind tool to conduct assessments for its growing list of health system owners and members. GX will be leveraging the technology that UL has already developed and is highly regarded in retail to scale their product attribute optics. Since its inception on May 16th, 2016, GX is committed to launching a data collection and product evaluation platform that serves as a single repository of data for both health care providers and suppliers.

"Suppliers who collaborate with us will find that they generally get more information back from our exchange then they are required to submit," said John Strong, President of Greenhealth Management, a subsidiary of Practice Greenhealth.

"We expect our relationship with UL, PurView to continue to grow, and eventually inform the entire health care supply chain," said Gary Cohen, the Founder and President of Health Care Without Harm and Practice Greenhealth.

"UL is excited to work with Greenhealth Exchange. We believe that the combination of our scientific expertise and software services with GX's experience in group purchasing will accelerate the adoption of sustainable purchasing throughout the health care sector," said William Pease, Chief Scientific Officer for PurView.

Currently, five subcommittees, including members from each GX owner, Health Care Without Harm subject matter experts, Practice Greenhealth and outside contractors, such as the Responsible Purchasing Network, are working with UL to define the product attributes that GX members view as green and sustainable. "The UL's PurView sustainability platform will enable GX to draft meaningful specifications for suppliers selling in the health care space as well as measure the benefits of more sustainable purchasing for our members and the communities they serve", note Alicia Culver, Executive Director for the Responsible Purchasing Network.

The contract is effective immediately, and GX expects to announce its first all green and sustainable contracts in November 2016.

About Greenhealth Exchange

Greenhealth Exchange (GX) is a Public Benefits Corporation structured as a purchasing cooperative created by Practice Greenhealth, Health Care Without Harm, and leading health systems deeply committed to environmental sustainability in health care. GX makes it easy to source products and services used in health care settings that are good for people, the planet and the bottom line. We work with our members to spark innovation in the supply chain: getting to next generation products, smarter and faster. www.GreenhealthExchange.com

About UL

UL is a premier global independent safety science company that has championed progress for more than 120 years. Its more than 11,000 professionals are guided by the UL mission to promote safe working and living environments for all people. UL uses research and standards to continually advance and meet ever-evolving safety needs. We partner with businesses, manufacturers, trade associations and international regulatory authorities to bring solutions to a more complex global supply chain. For more information about our certification, testing, inspection, advisory and education services, visit http://www.ul.com/.

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