Broadlane has developed its procurement management expertise through our relationship with Tenet Healthcare as its corporate procurement department. Broadlane provides strategy services to most of its customers, and our procurement outsourcing contracts with Tenet Healthcare, Kaiser Permanente, and Continuum Health Partners are among the largest of their kind. Automated procurement benefits providers through standardized product and pricing selection and benefits both providers and suppliers by dramatically reducing transaction time and expense. In addition, the integration of buyers and suppliers through the Broadlane Exchange enables Broadlane to collect and manage purchasing transaction data and provide it to our customers in the form of standard and customized reports. This information drives additional savings for providers by capturing the data they need to facilitate optimal product utilization and contract compliance.
Suppliers benefit from more accurate marketing data regarding provider purchase patterns.
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