Premier GPO Customer, Rapid City Regional, Selects PartsSource to Improve Hospital and Supply Chain Performance

Premier GPO Customer, Rapid City Regional, Selects PartsSource to Improve Hospital and Supply Chain Performance

March 3, 2017

Cleveland, Ohio – March 1, 2017 – PartsSource, a leading provider of medical products and technology solutions, announced today that Rapid City Regional has chosen PartsSource Pro as a key resource to streamline purchasing, reduce supply costs and gain visibility into supplier performance. PartsSource Pro, a software-enabled managed service solution for clinical environments, brings together the purchasing power of thousands of hospitals and online access to millions of on-demand products and services. Further, the solution platform attracted both hospital systems as it provides access to comprehensive spend and operations analytics across all facilities, even while utilizing different local financial and material management software systems.

As a member of the Premier Group Purchasing Organization, Rapid City Regional will leverage PartsSource’s unique contracted supplier status to further advance their supply chain for on-demand goods and services, consolidate vendor management and simplify their purchasing process from source-to-settlement. Premier is the largest GPO in the United States, uniting an alliance of approximately 3,750 U.S. hospitals and more than 130,000 other organizations.

“For members of GPOs today, managing the long-list of vendors required to deliver high standards of care is time-consuming and very costly. PartsSource helps GPO members accomplish this important task in a single click,” explains PartsSource President and CEO, Philip Settimi MD. “As industry leaders, Premier and PartsSource are committed to helping their customers streamline the entire procurement process to improve outcomes, lower costs and uncover opportunities for improvement.”

About PartsSource. PartsSource has become the standard procurement platform for on-demand products and services. 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 12,000 hospitals and clinical sites worldwide.

Rapid City Regional. Regional Health, Ranked one of the top three hospitals in South Dakota – US News & World Report, 2016 – 2017, is an integrated health care system, with headquarters in Rapid City, SD and provides community-based health care in more than 20 communities in two states and 32 specialty areas of medicine. Regional Health comprises five hospitals, 24 clinic locations and employs nearly 5,000 physicians and caregivers.

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