Broadlane Establishes Headquarters in Dallas.DALLAS -- Broadlane today announced that it is moving its headquarters to Dallas from San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden to reap the benefits of having the majority of its employees in one location. When the move is complete in the fall, the rapidly growing privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. will have approximately 405 employees in Dallas. Broadlane began operations in 2000 with a headquarters office in downtown San Francisco and operational offices in the Galleria area of north Dallas North Dallas is an expansive area of numerous communities and neighborhoods in Dallas, Texas, (USA). It spans portions of three counties: Collin, Dallas, and Denton, and has strong social ties to two enclaves of Dallas (University Park and Highland Park) and a near-enclave . Over time the company added significantly more new employees to its Dallas offices than were added in San Francisco -- principally because of the advantages offered by Dallas' central location in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , and its lower costs. "We love the Bay Area and we will continue to serve many clients there and in other West Coast locations, but the practicalities of having the majority of our employees in one location are very compelling," said Charles E. Saunders
Sir Charles Edward Saunders, Ph.D, BA, FRSC (February 2, 1867, London, Ontario–July 25, 1937Toronto, Ontario) was a Canadian agronomist. , M.D., chairman and chief executive officer of Broadlane. "Dallas has a large and talented labor pool and its location in the middle of the country is all the more important to us now as we have client hospitals in virtually every state. Additionally, our employees have found the quality of life and the cost of living in Dallas to be first rate." Broadlane expects to close its San Francisco office, which currently houses 30 employees, by the end of September. Employees who had been based in the San Francisco office have been relocated re·lo·cate v. re·lo·cat·ed, re·lo·cat·ing, re·lo·cates v.tr. To move to or establish in a new place: relocated the business. v.intr. to Dallas or to the company's Oakland, Calif. office, where 26 employees currently serve one of Broadlane's largest clients, Kaiser Permanente Kaiser Permanente is an integrated managed care organization, based in Oakland, California, founded in 1945 by industrialist Henry J. Kaiser and physician Sidney R. Garfield. . The Oakland office will also now house approximately 20 of Broadlane's technology services employees who are engaged in the development and management of Broadlane's numerous software solutions for healthcare providers. In addition to its Oakland office, Broadlane maintains client-service offices in Cincinnati and New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . Broadlane also has another 112 employees who work onsite at client hospitals and health systems across the country. The total number of employees at Broadlane is 551. Broadlane offers an array of services to help hospitals and other healthcare providers save money and operate more efficiently. These services are focused on contracting, purchasing, clinical and pharmacy cost management, labor, capital equipment and information management. Broadlane is known for superior and verifiable cost savings, deep clinical and operational expertise and technology that enables more effective spend management. Together, these capabilities help providers rapidly achieve industry-best procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. practices. Broadlane serves thousands of acute care hospitals, sub-acute care facilities and physician practices across the country. The company was named in both 2004 and 2005 to Inc. magazine's list of the fastest-growing private companies in the United States. For more information, visit www.broadlane.com. |
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