February 18, 2021
CLEVELAND, February 16, 2021 – PartsSource, the only evidence-based marketplace that combines data-driven decision support with automation to simplify medical device products and services procurement, today announces updates to its flagship solution, PartsSource Pro. PartsSource Pro 2021 features expanded benefits to improve uptime and accelerate productivity by providing members with the advisory services, toolkits, formulary starter sets, and expanded guaranteed stock to achieve high performance health technology management.
Over 1,000 hospitals subscribe to and rely on PartsSource Pro, a managed service that combines best processes, cloud-software and logistical support to deliver top-quartile performance for hospital clinical engineering and supply chain teams across the U.S.
PartsSource Pro 2021 enhancements include the addition of healthcare technology management (HTM) advisory services, expertly curated medical device formularies to provide turn-key purchase policies across hundreds of quality products, HTM toolkits to accelerate best practices, and expanded guaranteed stock, which uses data science to increase supply chain reliability by increasing availability of products prone to backorders and shipping delays.
“PartsSource’s commitment to clinical engineering is always expanding. I see PartsSource as a trusted partner, innovating with solutions, resources, and now formal advisory services focused on helping my peers and I continuously advance our teams to the next level of the HTM journey. The combination of proven expertise and decades of experience enables health systems like ours to improve quality, safety and efficiency, resulting in substantial operational benefits and financial savings,” said Jay Olson, Director of Biomedical Services, Marshfield Clinic Health System.
Improve Quality Through Advisory Services
Increase Value with Purchase Policies
Improve Productivity and Clinical Availability
Established amid the Covid-19 pandemic, the PartsSource Command Center is used to identify frequently stocked out products and dynamically manages guaranteed stock for PartsSource Pro members to promote supply chain reliability and resilience.
In addition to the PartsSource Pro 2021 updates, the company also unveiled an expanded PartsSource Command Center, which was designed during the pandemic to monitor critical Key Performance Indicators along the supply chain. The PartsSource Rapid Response team provides real-time surveillance to prevent supply chain problems, such as backorders and shipping delays and proactively supports Guaranteed Stock for its PartsSource Pro members. This active supply chain management keeps orders on track, prevents quoting delays, routing delays and missed cut off times.
“PartsSource Pro is driving the digital transformation of the hospital medical device supply chain, and the increasing cost, quality and resiliency challenges the healthcare industry faces require added levels of service, support and resources. Expanded benefits within the PartsSource Pro 2021 release are designed to meet the evolving needs of hospitals requiring new solutions to optimize their supply budgets, talent, use of data and decision-making processes,” said Philip Settimi, MSE, M.D., President and CEO of PartsSource.
About PartsSource®: Ensuring Healthcare is Always On®
PartsSource’s proprietary procurement platform eliminates friction from the health care supply chain by delivering evidence‐based decision support for health care technology management (HTM). Through integrated workflows and standardized processes, PartsSource empowers HTM teams to make data-driven decisions, manage long‐tail spend, increase equipment uptime and track the quality of clinical assets. To learn more about the value of proactively managing the lifecycle of clinical resources, visit PartsSource.com.
The PartsSource Logo, Ensuring Healthcare is Always On and Precision Procurement are registered trademarks of PartsSource, Inc.
Director, Corporate Communications