On.Care is an eProcurement supplier for nursing and assisted dwelling services.
With the acquisition, Procurement Companions has created one of many largest procure-to-pay organizations in healthcare.
“We’re extremely excited to carry On.Care into the Procurement Companions household and leverage their experience and success as a highly-respected procure-to-pay supplier,” mentioned Rusty Zosel, CEO of Procurement Companions. “Our aligned values of listening to our prospects and creating best-in-class know-how options are crucial to us and we sit up for constructing upon their spectacular report of buyer satisfaction, and creating a good stronger story collectively.”
By becoming a member of forces with On.Care, Procurement Companions has added extra gross sales alternatives and expanded its base of distributors.
The Procurement Companions platform permits for bill digitization, which eliminates the necessity for issues like handbook and paper practices.
As well as, a compliance audit function works to chop down on bottom-line vendor spend for purchasers, per the discharge. With the mixed firm, the discharge mentioned there will probably be a deal with supporting and investing in each eProcurement platforms, together with other forms of development.
Sam Schwartz, CEO of On.Care, mentioned the corporate had been lucky to draw Procurement Companions as a purchaser and was “assured that our future with Procurement Companions will assist take what my brother and I envisioned for the corporate to the subsequent degree and I’m excited to start out constructing that future now.”
Zosel advised PYMNTS just lately that there will be some confusion in relation to healthcare procurement practices. He mentioned that’s actually because many services work with a variety of suppliers to get issues starting from not solely healthcare gadgets but additionally meals, drinks, cleansing provides and extra. He mentioned digitization can be key to fight this as a result of potentialities for streamlining a number of processes.