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OpenMarkets is thrilled to announce the renewal of a partnership agreement with Capstone Health Alliance, a group purchasing alliance representing approximately 300 acute care facilities in 24 states across the United States. 

As a contracted supplier, Capstone members now have the opportunity to use the The OpenMarkets Exchange to manage their capital equipment program. The Exchange allows members to get quotes for new and refurbished equipment options, easing the purchasing process and setting up new ways to save. In partnering with OpenMarkets, Capstone members will have access to 31,873 products with over 125 equipment suppliers available on the platform. 

Members can also sell used equipment on the OpenMarkets platform. This returns an average of 40% more revenue in comparison to trade-ins. 

This news will be welcomed by the many members, including Evan Matthis of Cherokee Indian Hospital:

“We have found OpenMarkets extremely useful for our purchasing team at Cherokee Indian Hospital Authority. We are able to obtain multiple quotes to satisfy the strict purchasing policies for capital purchases and for our special grant purchases.

Using the OpenMarkets platform has been exceptionally user friendly for us, and we always receive quick and efficient support from our rep in the event we ever need more quotes or need to find more companies that make similar products. If fact, quotes often come in faster than we are able to keep up! We would highly recommend using OpenMarkets to find medical equipment and products.”

DJ Loftin, Capital Equipment Buyer at UNC Lenoir Healthcare, keeps it simple in a recent note to the OpenMarkets team: 

I wanted you to know that I truly value and support OpenMarkets

Thanks DJ and Kenny, we value and support you as well! 

Capstone members can contact OpenMarkets to get started anytime at info@openmarketshealth.com, or they can simply request access right here.

About Capstone Health Alliance
Capstone Health Alliance is a regional group purchasing alliance of healthcare members that delivers real cost savings through the power of aggregation and collaboration. Based in Asheville, North Carolina, Capstone represents over $9 billion in acute care supply chain spend. To create the best savings opportunities for our members, we pair Premier’s national portfolio with our local aggregation model - blending the best of national and regional contracting - to continually expand our extensive portfolio of more than 700 preferred pricing agreements. Capstone delivers quantifiable savings and actionable data that enable better supply chain decisions for our member facilities. In addition to cost savings initiatives, Capstone members collaborate to share best practices and pursue resource utilization initiatives, all with the intent of improving cost, quality, and outcomes in patient care.