Broadlane Signs Agreement with MedTech for Procurement Services
Broadlane Signs Agreement with MedTech For Solutions for Procurement Services for Reproductive Health Industry.
DALLAS — Broadlane, the procurement services company for healthcare, today announced that it has signed an agreement with MedTech For Solutions, a physician services company, in which Broadlane will provide a variety of procurement services to assist MedTech For Solutions in expanding its offerings to physician offices and clinics focused on assisted reproductive technology care. Infertility practices represent a $2.5 billion segment of the U.S. provider healthcare market.
Under the exclusive three-year agreement, Broadlane will make available a wide range of national and local supply and services contracts for the use of MedTech For Solutions’ customers. Currently, MedTech For Solutions provides a variety of services to its customers and through the new Broadlane agreement will expand the company’s offerings to include group purchasing.
“We are very excited by this agreement with Broadlane, which is one of the top companies offering group purchasing services,” said Dwight P. Ryan, president and chief executive officer of MedTech For Solutions. “We look forward to our collaboration with Broadlane and we believe that, together, we will offer the infertility industry compelling solutions to the ever increasing costs of their medical and non-medical supply needs.”
Cal James, Broadlane’s senior vice president for ambulatory care and physician practices said: “Our relationship with MedTech For Solutions opens up a new and important line of business for Broadlane in a market that has been difficult to reach. Now we have an organizing force for infertility clinics through which they can combine their purchasing power to create great economies for both the patients and the clinics.”
About MedTech For Solutions
MedTech For Solutions offers risk management, operations and financial consulting services, as well as group purchasing opportunities, to a variety of health-related practices and facilities. MedTech For Solutions focuses on protecting business assets, assisting in business growth and developing cost savings programs. For more information, visit www.medtech4solutions.com.
Broadlane is the procurement services company for healthcare. Through a comprehensive set of services focused on contracting, purchasing, clinical and pharmacy cost management, labor, capital equipment and information management, Broadlane helps providers go further to reduce costs and improve financial performance.
Broadlane is known for superior and verifiable cost savings, deep clinical and operational expertise and technology that enables more effective spend management. Together, these capabilities help providers rapidly achieve industry-best procurement practices.
Broadlane serves thousands of acute care hospitals, sub-acute care facilities and physician practices across the country. The company has offices in California, Kansas, New York, Ohio and Texas. For more information, visit www.broadlane.com.