PartsSource Named One of the Top 100 Healthcare Technology Companies of 2023

CLEVELAND, October 18, 2023 – The Healthcare Technology Report is pleased to announce The Top 100 Healthcare Technology Companies of 2023. In recent decades, the realm of healthcare technology has undergone remarkable advancements. The convergence of cutting-edge technologies with healthcare has opened up a vast array of possibilities, ranging form real-time monitoring of vital signs through wearable devices to the anticipation of disease outbreaks using AI systems. Looking ahead, it appears that the potential for innovation in healthcare technology knows no bounds. According to latest data, the global healthcare technology market is projected to experience substantial growth, expanding from $371 billion in 2022 to $852 billion in 2027.

Leading the charge in this thriving sector are the recipients of this year’s awards. These companies represent a diverse spectrum of entities, including well-established, widely recognized corporations and emerging, yet rapidly expanding enterprises. Nonetheless, what unites these trailblazing companies chosen for this year’s roster is their shared commitment to transforming our daily lives and reshaping our approach to a fundamental aspect that affects us all profoundly: our health.

PartsSource’s continued transformation of mission-critical healthcare operations and efforts in expanding positive impact on quality, availability, and affordability in healthcare earned the organization the 37th ranking of 100 recognized organizations for the category of Software and Data.

Notable achievements that helped PartsSource earn this recognition include:

  • In 2022, PartsSource lowered U.S. healthcare costs by $50 million.
  • The organization’s 2023 strategy aims to further reduce healthcare costs by $70 million. This includes the 2023 market introduction of new technology-enabled alternative service agreements solutions—PartsSource Repair and Service Agreements—to help health systems make evidence-based decisions with confidence, while expanding financial, labor, and clinical capacity for improved outcomes.

View the full list of The Top 100 Healthcare Technology Companies of 2023.

About The Healthcare Technology Report

The Healthcare Technology Report provides market research and insights, business news, investment activity updates and important corporate developments related to the healthcare technology sector. Based in New York City, the firm is run by a seasoned team of editors, writers and media professionals highly knowledgeable on healthcare technology and the various companies, executives and investors that make up the sector.

About PartsSource, Inc.

PartsSource’s proprietary procurement platform eliminates friction from the healthcare supply chain by delivering evidence-based decision support for healthcare technology management (HTM). Through an integrated suite of cloud software and marketplace technology tools, PartsSource empowers HTM teams to make data-driven decisions, manage long-tail spend, increase equipment uptime and track the quality of clinical assets.

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The PartsSource Logo, Ensuring Healthcare is Always On and Precision Procurement are registered trademarks of PartsSource, Inc.


Media Contacts

Nicole Koharik
Senior Director, Corporate Communications
PartsSource, Inc.