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Banner Health Joins Medpricer’s Customer Roster

GUILFORD, CT and WALNUT CREEK, CA – (PRWEB) JANUARY 23, 2019 Medpricer, the leading purchased services cost management solution for the healthcare industry, today announced it is partnering with Phoenix-based Banner Health. Its supply chain leadership team chose Medpricer’s mSource® and Precision Benchmarks to strengthen its existing purchased services strategy. Like many healthcare organizations, operating costs …

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U.S. Hospitals Collectively Overspend an Estimated $39B Annually on Purchased Services

GUILFORD, Conn., Dec. 27, 2018 /PRNewswire-PRWeb/ — Medpricer, the leading purchased services cost management solution for the healthcare industry, announced today that American hospitals overspend an estimated $39 billion on purchased services, which encompass all outsourced contracts – both clinical and non-clinical. Purchased services account for approximately 20% of a hospital’s total operating costs. According to the American Hospital Association, …

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Medpricer Announces Increased Reach with Added Staff in 2018

GUILFORD, Conn., Dec. 18, 2018 /PRNewswire-PRWeb/ — Medpricer, the leading purchased services cost management solution for the healthcare industry, today announced staffing changes to support the company’s rapid market expansion and commercial growth. These changes come as no surprise as Medpricer is set to hit record subscription revenue this year following nation-wide adoption of their purchased services …

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Medpricer Closes 2018 with Record Revenue, 376% ARR Subscription Growth, and 100% Subscriber Retention

December 13, 2018- Guilford, CT – Medpricer, the leading purchased services cost management solution for the healthcare industry, today announced it reached record revenues  in 2018 driven by ARR subscription growth of more than 376%. Medpricer’s cost management platform, mSource®, has achieved 100% customer retention since its launch in 2016. “The market has recognized the …

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Medpricer Promotes Mickey Meehan to Chief Customer Officer

Medpricer, the leading purchased services value management solution for the healthcare industry, today announced Vice President of Products & Marketing Mickey Meehan is being promoted to Chief Customer Officer. Meehan, who has been with Medpricer for two years, has played an instrumental role in establishing Medpricer’s west coast office, evolving the company’s AI-powered sourcing technology …

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Medpricer Honored in 2018 Marcum Tech Top 40 ConnectiTECH Awards

Medpricer, the leading purchased services value management solution for the healthcare industry, announced today it was recognized as one of the fastest growing technology companies in Connecticut at the ConnectiTECH Awards event on October 3rd, 2018. The Connecticut Technology Council (CTC) and Marcum LLP presented Medpricer with an award in the “software” category of the …

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Leveraging AI to Better Manage Spend and Improve Quality of Care

Artificial intelligence is taking the world by storm and it has its sights on healthcare sourcing. Beyond clinical use, the technology is arming the healthcare supply chain with the tools needed to optimize revenue, improve the overall quality of care for patients and environment for staff, and access further innovation. AI is solving the supply …

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Medpricer Identifies Three Healthcare Sourcing Best Practices to Support Supply Chain Success

GUILFORD, Conn., July 13, 2018 /PRNewswire-PRWeb/ — Medpricer, the leading purchased services cost management solution for the healthcare industry, today shares three best practices healthcare organizations can implement to support healthcare sourcing. The healthcare supply chain is often misunderstood, underinvested and faces constant changes with the M&A movement from healthcare systems and suppliers alike. Rather than just affecting …

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Medpricer and UCHealth Sign Deal on Cost Management Solutions

GUILFORD, CONN. (PRWEB) JUNE 11, 2018 Medpricer, the leading purchased services cost management solution for the healthcare industry, today announced a new partnership with UCHealth, a nationally-recognized health care system based in Colorado. The partnership empowers the health system staff to implement a strategic sourcing program utilizing Medpricer’s complete mSource platform and Precision Benchmarking. UCHealth recognizes …

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