Partners

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GE HealthCare
Avera
AccuVein
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Medline
Aspirus
Philips
Rush
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BSMH
Karl Storz
Guthrie
Steris

We know the world of healthcare equipment inside out

OpenMarkets builds enterprise equipment procurement software that makes it simple for providers and suppliers to work together to research, plan, purchase and sell equipment.

provider

What we do

  • Equipment Research

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      Centralized equipment research with an equipment directory of over 56,000 products. Connect with hundreds of suppliers and find and compare options.

  • Equipment Planning

      System Planning

      Create transparency and cost savings by automating the manual process of making and approving equipment requests across your health system.

  • Equipment Purchasing

      Purchasing

      Purchase the equipment you need on your timeline and budget. Get quotes, message suppliers and stay organized all in one place.

  • Equipment Disposition & Inventory Management

      Selling

      OpenMarkets offers a simple and hassle-free process for selling, checking inventory, and obtaining licensed appraisals. Whether you want to sell an item or assess its value, OpenMarkets provides an easy-to-use platform.  With secure payment options and transparent communication channels, OpenMarkets ensures a confident and trustworthy experience.

home-img

Centralized equipment research with an equipment directory of over 56,000 products. Connect with hundreds of suppliers and find and compare options.

System Planning

Create transparency and cost savings by automating the manual process of making and approving equipment requests across your health system.

Purchasing

Purchase the equipment you need on your timeline and budget. Get quotes, message suppliers and stay organized all in one place.

Selling

OpenMarkets offers a simple and hassle-free process for selling, checking inventory, and obtaining licensed appraisals. Whether you want to sell an item or assess its value, OpenMarkets provides an easy-to-use platform.  With secure payment options and transparent communication channels, OpenMarkets ensures a confident and trustworthy experience.

Partner Success

Maury Regional Health Medical Center
Roger Larkin
Director of Supply Chain
Maury Regional Health Medical Center
“With CAP Connect we estimate that we cut the time it takes to process a capital request in half.”
Guthrie Health
Jody Campbell
Capital Project Manager
Guthrie Health
“We painlessly put our process into the OpenMarkets system set-up and all our needs were met in a very quick fashion. The one-on-one support that we received, asking what our needs were and our wants, everything that we asked for we got out of the system.”
Bon Secours Mercy Health
Steve Bodily
COO - Supply Chain
Bon Secours Mercy Health
"We’re creating a formulary for equipment that hasn’t previously existed. At an organization our size, it’s tough for end users to know what’s on contract. It is now easier and faster for clinicians, department directors, and others to research options and buy equipment. Plus, they can communicate directly with the suppliers in a centralized, organized way."
Aspirus Health
Gary Rakes
Vice President - Chief Supply Chain Officer
Aspirus Health
“This is a great partnership with an excellent technology platform that truly creates a better way to source capital and streamline the acquisition process. Well done OpenMarkets team!”
Medical University of South Carolina
Jennifer Simon
Capital Asset Planning
Medical University of South Carolina

“OpenMarkets has enabled us to be more efficient in our capital process. The OM platform provides us with a central repository of project information, spanning multiple fiscal years, from multiple sources, helping us create better forecasting, aggregation and contracted opportunities, and acts as our capital 'source of truth'. We’ve also been able to achieve a significant return on value by selling equipment through OpenMarkets as well. It continues to be one of our most valuable and appreciated partnerships.”

Cottage Health
Noel Skaling
Director, Supply Chain Management
Cottage Health
“By working with OpenMarkets - I’m able to get the functionality of a buyer without paying for another FTE. “
Norman Regional Health System
John Kott
Director, Supply Chain
Norman Regional Health System

“OpenMarkets has empowered us to take control of our capital and minor equipment process.  We now have a robust planning and procurement tool that allows us to meet best practice expectations.  Combined with OpenMarkets sourcing resources, we have been able to reduce waste at our organization, become more efficient, and get more out of our capital dollars.”

 

Shannon Health System
Luke Martin
Director of Materials Management
Shannon Health System

“We owe OpenMarkets for helping us get more standardized. When I got here 5 years ago, we were about 50% standardized. Now, with the help of CAP, we’re 95% standardized.”

Yale New Haven Health Has Created More Consistent Equipment Standards, Sourcing Efficiencies & Cost Savings by Implementing an Equipment Formulary on OpenMarkets

Yale New Haven Health (YNHH), the largest comprehensive healthcare system in Connecticut, is rolling out a unique equipment formulary to serve as the “go-to resource for ordering vetted and approved materials and equipment from YNHHS’ contracted vendors.” 

Read More

Aspirus Health Becomes the Latest Health System to Build a Custom Equipment Formulary with the OpenMarkets Platform

A non-profit health system of 17 hospitals based in Wisconsin, Aspirus customized and implemented the OpenMarkets Exchange to sync standards of care for equipment across hundreds of end users.

Learn How

OpenMarkets Coaches Guthrie Through a Simple, Seamless Upgrade of Their Capital Procurement Process

Guthrie Health, a 100-year-old rural health system, onboarded its 4 hospitals and 38 non-acute care centers in just 3.5 months to the OpenMarkets platform, which was customized to fit their unique needs.

Learn How