In recognition of his leadership, organizational performance, and healthcare innovation in the face of a global pandemic, PartsSource President and CEO Philip Settimi, MSE, MD, has been named to The Healthcare Technology Report’s list of Top 50 Healthcare Technology CEOs for 2021.
PartsSource officials say the release of PartsSource Pro 2021, the launch of the PartsSource Command Center, and the introduction of the on demand service network are the latest accomplishments in Settimi’s refocus of the company from its founding purpose to source difficult-to-find medical parts to the higher-value purpose of raising the availability and quality of patient care via a more reliable and resilient supply chain.
Settimi’s healthcare technology experience and vision, combined with the potential to improve hospital operations, workflow, and clinical throughput, inspired the development of PartsSource Pro, a clinical resource management platform, powered by Precision Procurement, a proprietary and patented algorithm-driven decision-support engine based on 3 billion data elements to maximize safety, reliability, productivity and cost-effectiveness of the medical device supply chain.
The first-of-its-kind service gives healthcare technology management (HTM), laboratory and life science services, and facilities management teams instant access to clinical resources at the point of purchase through the software platform. Through rapid adoption, PartsSource Pro has digitally transformed clinical operations workflow, improved team productivity, and provided enterprise analytics to more than 1,200 hospitals, company officials say.
“We know evidence-based decision-making drives value in healthcare, and I experienced this firsthand developing EMRs prior to joining PartsSource. Applied to the medical device supply chain, this methodology significantly improves clinical and operational outcomes for our clients,” says Philip Settimi, MSE, MD, president and CEO of PartsSource.
Settimi adds, “During the pandemic, mission-critical hospital departments needed to achieve even greater levels of predictability, resiliency, and responsiveness to manage the disruption caused by COVID-19. It is an honor to be recognized for PartsSource’s service to the more than 3,500 healthcare organizations we support across the U.S. who have faced unprecedented challenges in the last year.”
Under Settimi’s leadership, PartsSource has sustained annual double-digit growth; earned ISO certification and recertifications; adopted the NPS methodology to measure and continuously improve customer satisfaction; and established new departments with dedicated resources to accelerate client success, product innovation and digital commerce. Prior to joining PartsSource, he spent 10 years at public companies developing and commercializing healthcare software, decision-support systems and connected medical devices, and saw the potential to apply the same evidence-based decision making into mission critical HTM assets.