GreenLight Medical

symplr Spend (formerly GreenLight Medical) is a solution designed to assist health systems in making informed and value-based purchasing decisions. According to the vendor, this platform provides access to comprehensive data and insights on medical technology, devices, and suppliers. It caters to health systems of all sizes and is utilized by value analysis professionals, supply chain teams, physicians and clinicians, healthcare administrators, and medical device representatives across the healthcare industry.

Key Features

Streamline and standardize new product requests: The platform offers a centralized entry point for new product requests and transparent data sharing to promote team understanding and accountability.

Digitally transform new product introductions and decision making: The system automates value analysis and standardizes spend management processes, aiming to ensure compliance with system-wide policies.

Determine the safety and cost of new medical technology: Users can access comprehensive data on safety, adverse events, recall information, reimbursement details, pricing, contracting, and clinical evidence to assess the clinical merit of products.

Research products and identify equivalents: The platform provides a vast database of aggregated product data on over 300,000 SKUs, allowing users to make evidence-based product decisions. Side-by-side product comparisons are available for efficient evaluation.

Engage physicians and improve clinical alignment: Physicians can access the platform via mobile-friendly cloud access to engage in new product requests, discussions, decision-making tools, clinical evidence summaries, and product research. The aim is to foster clinical engagement and support integrated supply chain efforts.

Make strategic purchasing decisions, faster: The platform offers built-in reporting, financial understanding, safety alerts, and clinical evidence scales to facilitate collaborative value analysis approaches and achieve decision consensus.

Uncover untapped savings in your spend: The system enables users to document spend over time, identify savings opportunities, and measure progress towards spend goals. Detailed category benchmarking with extensive data points and pricing information is available.

Improve negotiations using proven purchasing strategies: Users can leverage the system to increase negotiating power and strengthen supplier relationships. Fixed fee or percentage of captured savings models can be utilized to eliminate surprises.

Access unbiased, on-demand data: The platform provides unbiased clinical and GPO-agnostic pricing data for effective comparison and category analyses. It aims to make sourcing transparent by showcasing consolidation efforts, optimized prices, and off-contract spend tracking.

Get a dedicated advisor/negotiator: Users can complement their supply chain solutions with expert services to support end-to-end sourcing. The assistance of experienced advisors can help expand capacity and achieve unique sourcing goals.