Press release

PartsSource Adds 1000th Hospital to the PartsSource Pro Community

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PartsSource,
a technology and services company that uses patented, evidence-based
decision support to improve asset uptime, decrease long-tail expenses
and streamline workflow has added its 1000th hospital client
to PartsSource Pro, a managed service model combining best processes,
cloud-software and logistical support to deliver top-quartile
performance for Clinical Engineering organizations in the U.S.

Beginning in 2015, clients began to request a different kind of
relationship from PartsSource, who traditionally would provide parts &
service on-demand to over 3,000 hospitals in the U.S. They were seeking
a partner to help run more effectively, more efficiently and more
safely. PartsSource created PartsSource Pro, a managed service offering,
to specifically address the needs of hospitals in an era where doing
more with less means getting the most from supply spend, ensuring talent
works at the top of their license, using data science and product
outcomes evidence to make decisions. PartsSource Pro clients receive a
concierge team to support real-time logistics for every site across the
enterprise, a modern cloud-based software platform to coordinate all
orders and team communication, and comprehensive analytics to drive
continuous improvement of quality, productivity and cost outcomes.

“The newest members of our PartsSource Pro community signify a program
milestone and join other nationally-recognized health systems including
Advocate Aurora, Cincinnati Children’s, HCA, Intermountain Healthcare,
Mayo Clinic and Memorial Sloan Kettering, that have adopted the
PartsSource Pro model,” said Philip Settimi, M.D., President and CEO of
PartsSource. “We’re delighted at the market’s response in only a few
years – which makes it the fastest adoption of an enterprise
technology-enabled service in healthcare. We are very proud to serve
leading Clinical Engineering and Supply Chain teams around the country
to work smarter, not just harder.”

About PartsSource®

PartsSource’s proprietary procurement platform eliminates friction from
the healthcare supply chain by delivering evidence-based decision
support for healthcare technology management (HTM). Through integrated
workflows and standardized processes, PartsSource empowers HTM teams to
make data-driven decisions, manage long-tail spend, increase equipment
uptime and track the quality of clinical assets. To learn more about the
value of proactively managing the lifecycle of clinical assets, visit PartsSource.com