SOURCE: MedPricer


April 30, 2012 09:30 ET

MedPricer & DataPros Join Forces to Enhance Client Offerings

Ability to Cleanse and Analyze Data Provides Continuous Value Through Visibility Into Cost Reduction Opportunities and the Realization of the Savings by Optimizing e-Sourcing

GUILFORD, CT--(Marketwire - Apr 30, 2012) - MedPricer, the leader in cloud-based e-Sourcing services for healthcare contracting, announces its acquisition of Tampa, FL-based DataPros for Healthcare, the data-centric industry forerunner known for unprecedented data quality and business intelligence.

"The opportunity to combine two industry leading companies, DataPros' data platform and spend analytic capabilities with MedPricer's e-Sourcing services and technology, positions us as the largest professional services firm focused solely on strategic sourcing. It's rare to find two companies whose capabilities are so complementary. It's a win for us, and most importantly, it is a win for our collective customers," said Chris Peasner, Chief Executive Officer of MedPricer.

"The timing was right for the two companies to join especially with the market trending toward a focus on achieving hard dollar savings and efficiencies in the hospital supply chain," stated Allen Esses, President of DataPros. "We are excited about the extended capabilities of the combined companies, offering proven solutions that allow our respective clients to capitalize on their identified opportunities."

The combined capabilities reflect a convergence in the market between data, business intelligence, and optimal sourcing events. Healthcare providers recognize the dynamic and complex nature of the healthcare supply chain requires a perpetual solution to continually seek new savings opportunities through data and e-Sourcing.

About MedPricer

MedPricer provides an e-Sourcing solution designed for the unique requirements of the healthcare supply chain. The company's cloud-based negotiation platform provides the flexibility to source nearly every expense category in a hospital, allowing clients to negotiate contracts during a live-bid process. The MedPricer e-sourcing process ensures the best terms and value from current and prospective suppliers. The company's executive team has more than 100 combined years of experience in sales of capital and disposable equipment to hospitals and private practices, as well as buying groups.

About DataPros

DataPros, founded in 2003, is a national data-centric company specializing in the healthcare supply chain. DataPros maximizes the integrity of procurement, contract, and charging data to enable the optimal use of technologies thereby driving systemic efficiency and overall lower costs. The company provides data cleansing, data management and a range of customized data reporting services for hospitals and integrated delivery networks throughout the country. Additionally, DataPros is committed to delivering GS1 Standards to our hospital clients.

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