Group purchasing organization Yankee Alliance announced on October 14 that it has chosen MedApproved to provide a web-based purchasing review system. The MedApproved software helps electronically manage the hospital product review process, traditionally a manual process.
According to the company, the software system turns the purchase decision process into an electronic one, tying all key stakeholders and teams within the hospital to one central repository. All communications, committee Q&As, voting, surveys, cost analysis, product information, and other relevant data are stored in that one location. The system is designed to easily engage all relevant stakeholders to improve teamwork, eliminate redundancies, standardize processes, increase transparency, and reduce workloads. According to the company, the system allows for all stakeholders to connect on a single platform creating greater transparency, documentation, and efficiency.
For more information on the MedApproved system, visit the company’s website.