Geisinger Implements Medpricer’s e-Sourcing Technology to Drive Savings in Purchased Services

WALNUT CREEK, Calif. and GUILFORD, Conn.Jan. 25, 2019

Medpricer, the leading purchased services cost management solution for the healthcare industry, announced today it was tapped by Geisinger to aid the company in growing its Purchased Services Sourcing Program.

Geisinger was seeking a partner to help accelerate its savings plan for purchased services. It chose Medpricer for its sourcing expertise and mSource® savings technology, which allows Geisinger to conduct more sourcing projects.

Medpricer’s mSource software provides a single source for coordinating stakeholder alignment and supplier interactions, as well as RFP and e-negotiation management. To ensure their success on the platform, Medpricer also provides Geisinger with managed services.

One of the nation’s most innovative health services organizations, Geisinger serves more than 1.5 million patients in Pennsylvania and New Jersey. The system includes 13 hospital campuses, a nearly 600,000-member health plan, two research centers and the Geisinger Commonwealth School of Medicine. The physician-led organization has approximately 32,000 employees and more than 1,800 employed physicians. Geisinger is repeatedly recognized nationally for integration, quality and service, and has a long-standing commitment to patient care, medical education, research and community service.