PartsSource has been selected by Premier, a healthcare improvement company, to provide the first and only cloud-based platform that orders, tracks and standardizes the procurement of medical replacement parts.
PartsSource facilitates millions of transactions annually by connecting 6,000 OEMs and suppliers to 3,000 hospitals and 12,000 clinical sites worldwide. The company’s curated marketplace consolidates 4 million products into a single digital platform to reduce variance, support evidence-based purchasing decisions and simplify an often-fragmented process.
As part of the agreement, PartsSource will provide Premier’s Ascend members the opportunity to simplify the parts procurement process into a single, automated platform. Premier’s Ascend collaborative identifies and implements supply chain performance opportunities for participating acute care facilities. It is designed for Premier members who commit, in advance, to a limited number of suppliers.
“Premier’s focus on enabling reproducible outcomes for supply cost reduction, workflow productivity, and quality to its members aligns perfectly with our technology-enabled market-leading outcomes in purchased services,” says PartsSource President and CEO, Phil Settimi, MD. “Whether Ascend members are looking to improve supplier quality, automation within their supply chain or deliver bottom-line results, our experience with more than 3,000 hospitals delivers a proven solution capable of delivering high-impact in a short period of time.”