Medpricer Launches New Website to Emphasize its Spend Management Life Cycle Capabilities

Friday, June 29, 2018 Lifestyle News
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As the company has evolved its product offerings, the new website better reflects the advances Medpricer has made with its AI-powered analytics and benchmarking

GUILFORD, Conn., June 29, 2018 /PRNewswire-PRWeb/ -- Medpricer, the leading purchased services cost management solution

for the healthcare industry, launched its new website today to better showcase its full suite of purchased services spend management solutions. With more than 13 years of sourcing experience, Medpricer has developed intelligent tools for the healthcare supply chain. The website conveys the ways in which customers and potential customers can evaluate every step of their purchased services sourcing on one platform.

The redesign provides important updates on mSource®, the company's spend management platform. Using mSource, Medpricer customers can more easily access:

AI-powered Analytics and Benchmarking mSource Analytics uses Medpricer's proprietary machine learning algorithm to classify and recommend spend categories, identify off-contract spending and sort through contracts by spend in relation to upcoming renewal deadlines.

In addition, Precision Benchmark Reports enable customers to evaluate what cost savings are available within specific categories. When combined, these features offer healthcare supply chains with a 360-view of purchased services categories for consideration.

Smart e-RFP Event Management Beyond simplifying the decision-making process for sourcing purchased services, Medpricer customers can also run a complete e-RFP event on the mSource platform. From putting out a call for proposals to negotiating terms with suppliers and signing contracts, mSource is the end-to-end solution to manage each step of the sourcing process – from analyzing spend, to identifying categories of interest, and managing RFPs.

"The goal of our new website is to become the one-stop-site for all things eSourcing," said Medpricer CEO Chris Gormley. "We've added robust resources to share insights on supply chain and purchased services trends and share news. We've also redefined our offerings, adding exciting technologies like AI to our solutions, making our site and offerings much more comprehensive for our customers."

For more information, please visit

About Medpricer For more than a decade, Medpricer has helped move savings strategies forward with scalable purchased services solutions that improve sourcing efficiency and financial health. Their industry-leading software, mSource®, is the only all-in-one contract management, negotiation, and analytics platform that enables organizations to tailor contract terms to fit their unique needs – not those of a group. Engage with your purchasing data, learn from market intelligence, unite your stakeholders, and move contracts through the pipeline – faster. No catches, no hidden admin fees. Discover substantial savings and deliver outcomes that continuously improve the quality of patient care. To learn how other leading healthcare providers are transforming their savings strategy, call (888) 453-4554 or visit



SOURCE Medpricer

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