PartsSource, a cloud-based platform that orders, tracks and standardizes the procurement of quality medical replacement parts, has been selected as a partner by Yankee Alliance. PartsSource’s curated marketplace consolidates 4 million products into a single digital platform to reduce variance, support evidence-based purchasing decisions and simplify an often-fragmented process, which aligns with Yankee Alliance’s strategies for cost reduction, contracting, analytics, benchmarking and value management in the healthcare supply chain.
PartsSource will provide Yankee Alliance members a simplified parts procurement process, visibility into spend and quality, and standardization in the challenging area of purchased services – an area that can represent up to one-third of a health system’s total expenditures. Yankee Alliance members also will benefit from special pricing when signing new agreements with PartsSource.