Cornerstone Healthcare Group Signs Multi-Year Renewal with OpenMarkets: Empowering Data-Driven Equipment Purchasing Across the Enterprise

OpenMarkets signs a multi-year renewal with Cornerstone Healthcare Group (“Cornerstone”), a diversified healthcare company that manages a network of specialty hospitals, senior living communities, behavioral health facilities, and home health and hospice operations.

Through the partnership, Cornerstone stakeholders and facilities leverage OpenMarkets CAP Connect™, a cloud-based equipment budgeting and procurement software, to manage and automate the equipment planning process.

“As a full healthcare equipment planning solution, CAP Connect creates visibility, cost-savings, and user efficiencies along the equipment planning continuum in one transparent platform,” said OpenMarkets CEO Trevor Wood. “With multiple facilities and diverse business segments, Cornerstone has realized material gains as they continue to grow and scale their operations.”

With over $80 billion in healthcare equipment spent annually in the U.S., finding cost saving and efficiency solutions is becoming increasingly important. “Arming finance, supply chain, and clinical teams with the intel they need to make data-driven decisions related to equipment planning and procurement, is a game changer for our customers,” added Wood.

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About Author

Tom Derrick
Tom Derrick

Tom leads a range of core functions for OpenMarkets, including strategic partnerships and business development. Prior to OpenMarkets, Tom served as a senior communications director for a rapidly growing medical device manufacturer, and as a D.C.-based public relations director conducting advocacy for the orthotic and prosthetic community. Tom is a co-founder of OpenMarkets. He has degrees from Wake Forest and DePaul Universities.

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