ROi Selects Procured Health Platform to Maximize Clinically Based Product Decision-Making for Partner Health Systems and Hospitals
CHICAGO, IL – September 22, 2014 - ROi (Resource Optimization & Innovation), a recognized
leader in health care supply chain management, and Procured Health, a provider of innovative
hospital supply chain solutions, today announced an agreement focused on empowering hospitals to better control their medical supply costs. The agreement means ROi’s member hospitals will have access to integrate Procured Health’s IntelligencePRO and EvaluationPRO into their clinically based product evaluation and selection.
“ROi is committed to integrating new and innovative resources that better prepare our member
health systems and hospitals to deliver efficient, affordable and high quality care,” says JoAnne
Levy, Vice President of Integrated Sourcing Solutions for ROi. “Procured Health’s solutions are
groundbreaking, and allow hospital stakeholders to evolve the way they collectively make
purchasing decisions – selecting the right product, for the right patient at the right time, and
positively impacting both clinical outcomes and financial performance as a result.”
Procured Health’s portfolio of solutions is designed to aggressively reduce medical product
expenditures - typically the second largest and fastest growing cost category for hospitals,
accounting for more than $25 billion in wasteful spending annually. Procured’s web-based
solutions enable hospital systems and clinicians to improve both clinical outcomes and financial
performance by incorporating evidence into their product selection and contracting strategy,
driving product intelligence, with the potential to optimize product utilization and physician
engagement.
“Healthcare reform requires hospitals to transform virtually every area of care delivery,” explains
Hani Elias, CEO of Procured Health. “And while supply costs are an almost universal source of pain for providers, few have a sophisticated decision process in place to mitigate it.”
Clinicians are key stakeholders in the evolution of any product evaluation and selection program, but typically lack the evidence-based data needed to change the status quo. Elias adds, “Our platform is designed to help providers emerge from the philosophy of reforming care into real, day-to-day tactical applications that adapt to their existing care models. This is where real reform will happen – not in an academic paper, but rather each time a single decision to purchase a device is made.”