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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