News

Medpricer Unveils Next Generation of Purchased Services Analytics Software

Medpricer mSource® Analytics now offers industry first terminology customization and on-the-fly editing of purchased services spend classifications. Medpricer, a purchased services cost management platform for healthcare providers, today unveiled the second generation of its mSource® analytics software with industry leading functionality. Having taken the client experience into account, it’s now easier than ever to evaluate purchased …

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Outdoor Review

Amazon Enters Healthcare, Misses Half of Supply Chain Spend

Recent articles in the Wall Street Journal and Modern Healthcare herald the “Amazoning” of healthcare supply chain. Amazon promises vastly reduced costs on goods – e.g. hips, sutures, and gloves.  Amazon’s goal appears to provide supplies and superior delivery through a consumer-friendly catalog that is accessible to end-users, bypassing traditional supply chain players like McKesson, Cardinal and Premier. With …

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Amazon Warehouse

Medpricer Honors MaineHealth with Award for Establishing Best Practices in Purchased Services Management

Medpricer, a cost management solution for healthcare, today announced that MaineHealth was awarded and recognized as a “Center of Excellence in Purchased Services Management” on December 12th. Medpricer Vice President of Sales Emil Layacan presented the award to MaineHealth’s team, led by MaineHealth Vice President of Supply Chain Management Luis Soto. The award recognizes the …

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MaineHealth Award 2018

Increase Speed to Savings with Precision Benchmarking for Purchased Services – A Webinar Hosted by Medpricer and TPC

Medpricer, the only complete cost management solution for purchased services, together with TPC, a partnership of independent hospitals formed as a regional purchasing coalition across Arkansas, Missouri and Texas, have announced a complimentary webinar on “How TPC Uses Precision Benchmarking to Supercharge Negotiation Success and Savings.” The webinar will take place at 11:00 am EDT …

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Road Between Fields

Medpricer Concludes First Quarter With Record Volume

Medpricer, the only complete cost management solution for purchased services, today announced record results for the first quarter ending March 31, 2017, nearly doubling 2016 first quarter negotiated electronic spend. Medpricer has experienced a significant increase in live electronic negotiation volume. In the first quarter of 2017 Medpricer negotiated 83% more in purchased services spend …

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Abstract Architecture Overlap

TPC and Medpricer Partner to Maximize Purchased Services Savings

TPC, a partnership of independent hospitals formed as a regional purchasing coalition across Arkansas, Missouri and Texas, has selected Medpricer’s mSource cost management technology platform for purchased services. A hybrid of software and services, mSource empowers healthcare systems with the technology, insight and expertise to independently find, get, and keep purchased services savings. “Purchased services …

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Reference Lab Testing

MaineHealth Uncovers Savings In Purchased Services

Cloud-based technology and external support helped MaineHealth improve its data collection and analysis, as well as its negotiation strategies. Healthcare organizations are embracing new ways of thinking and looking for proactive, creative ways to drive more cost savings. Purchased services represent an untapped area in most organizations, and cloud-based solutions can accelerate data collection, analysis, and …

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Microscope Up Close

University of Florida Health Shands Hospital Uses Medpricer Analytics™ to Identify Savings Opportunities in Purchased Services

University of Florida Health Shands Hospital (UF Health Shands) has selected Medpricer Analytics™ to gain additional visibility into their Purchased Services operating costs enabling them to gain stakeholder attention, improve vendor standardization, reduce costs and to track savings. “Through our relationship with Medpricer, we are able to demonstrate greater value to our stakeholders,” said Brenda Morgan, Project …

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Seaside Community

Medpricer Announces Record Business Expansion in 2016 Due to Increased Demand for Purchased Services Cost Management Solutions

Medpricer, healthcare’s leading cost management platform for purchased services, announced record growth in its fiscal year ending December 31, 2016. The company achieved its highest revenue since its inception in 2006 and over 30 percent employee growth. “2016 was a pivotal year for Medpricer and I am excited about our strong finish to a great …

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Copmany Growth

Medpricer Expands Software R&D and Engineering Capabilities with New Software Development Center

Medpricer, healthcare’s leading cost management platform for purchased services, announced the expansion of its R&D and Engineering operations with a new software development center. The purpose of this center is to design and develop high-quality software that will provide hospitals with the ability to significantly increase savings potential in purchased services. Two executive leaders have …

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To support the healthcare community, Medpricer is committed to providing complementary resources, best practices, and news updates to benefit supply chain teams in the face of the COVID-19 pandemic.