Chicago-based OpenMarkets entered a multiyear partnership with St. Louis-based Resource Optimization & Innovation to improve ROi members' capital equipment strategy.
Through the partnership, ROi's capital and medical technology team will collaborate with OpenMarkets to develop a solution to gather data and insights into the capital equipment needs of ROi's nearly 200 hospital members.
ROi members will also have access to OpenMarkets' collaborative platform for healthcare equipment.
"This partnership provides a solution that helps create transparency for all key parties. Members will have far better information on what their clinical directors are seeking, the ROi team will gain a groupwide perspective, and the supplier community will benefit by our improved ability to use data in our work together," Joshua Sandler, vice president of group purchasing at ROi, said in an emailed statement. "We'll ultimately be able to guide the right suppliers to the right capital opportunities in a cost-effective way, lower the cost-of-sale and lower the cost-of-acquisition for our members. This is a win for all involved."