February 14, 2017
PartsSource, a leading provider of medical products and technology solutions, announced today that Kaiser Permanente of Southern California (Kaiser) has selected the company as its partner to reduce supply chain costs and improve procurement workflow and information visibility across its enterprise. Following a competitive RFP process, Kaiser selected PartsSource for its cloud-based software solution that works seamlessly with Kaiser’s existing EDI and SAP/Ariba punchout infrastructure to digitize its work from source-to-settlement and improve its buying power.
Kaiser Permanente is recognized as one of America’s leading health care providers and not-for-profit health plans. Their mission is to provide high-quality, affordable health care services and improve the health of its members and the communities it serves. Twenty-eight Kaiser Permanente hospitals are noted for high quality care by the U.S. News & World Reports’ 2016-17 Best Hospitals for Specialty Care rankings. Actively managing its supply chain to improve insights, reduce expense and improve quality are top priorities.
PartsSource has become the standard procurement platform for on-demand products and services selected by complex organizations like Kaiser, Trinity Health, and Community Health Systems (CHS). Its eCommerce marketplace and customized buyer catalog allows multiple teams within an organization to collaborate while gaining important visibility into spend and supplier performance. PartsSource clients also benefit from numerous quality programs, including ISO certification monitoring, provider benchmark analytics, supplier KPIs and use of its patented supplier selection algorithm technology.
“In the national healthcare landscape, hospitals are consistently challenged to do more with less – even industry leaders like Kaiser Permanente. Reducing procurement spend while maintaining or improving quality of products and services has never been more critical,” explains PartsSource President and CEO, Philip Settimi MD. “Collaboration technology is absolutely necessary across complex and geographically diverse organizations to achieve reproducible and reliable evidence-based outcomes in the pursuit of better patient care.”
About PartsSource. PartsSource is a leading provider of medical products and technology solutions. Combining a suite of software-enabled services with industry best practices, PartsSource is empowering its customers to drive costs out of the healthcare delivery system while improving outcomes. In addition to automating the highly complex workflow associated with procurement, PartsSource delivers the industry’s only online, fully integrated medical products and repair parts procurement marketplace. PartsSource facilitates more than 1,500,000 transactions annually by connecting thousands of OEMs and suppliers to over 7,500 hospitals and clinical sites worldwide.