Broadlane Exchange Volume Achieves $100 Million Mark.Business Editors/High-Tech & Health Writers SAN FRANCISCO--(BW HealthWire)--Nov. 7, 2001 Broadlane Inc., a leader in providing supply chain management services to the healthcare industry, announced today that within a little more than six months of operations, its private e-commerce exchange has processed customer purchase orders in excess of $100 million. The Broadlane Exchange now routinely processes purchase orders from customers representing more than $1 million each day. "Hitting this milestone within this short period of time has exceeded our expectations," said Robert Woodford of Broadlane's Technology Department. "We couldn't have achieved this without the confidence that our customers and suppliers have demonstrated through their willingness to integrate to the Exchange." Since the Broadlane Exchange went live in April, it has processed 66,272 purchase orders representing customer orders of more than $100 million. The Exchange has achieved an order completion rate of 99.99 percent. Currently six suppliers are integrated and transacting business through the Exchange. They are Corporate Express, Fisher HealthCare, Marconi Medical Systems, Medline Industries, Owens & Minor and Tri-anim Health Services health services Managed care The benefits covered under a health contract . Additional suppliers are scheduled to be integrated. Broadlane anticipates that it will have connected 275 hospitals to its Exchange by year's end. About Broadlane Through an extensive suite of services, Broadlane delivers comprehensive supply chain management services to the healthcare industry. Those services include contract management, procurement strategy consulting, materials management outsourcing, and technology services. Among the companies that focus on improving efficiencies within the healthcare supply chain, only Broadlane offers this full array of services. Broadlane customers include leading healthcare providers such as Kaiser Permanente, Tenet Healthcare Corporation (NYSE NYSE See: New York Stock Exchange :THC THC tetrahydrocannabinol. THC n. Tetrahydrocannabinol; a compound that is obtained from cannabis or is made synthetically; it is the primary intoxicant in marijuana and hashish. ), Universal Health Services Universal Health Services, Inc. NYSE: UHS is a Fortune 500 company based in King of Prussia, Pennsylvania. This company is one of the nation's largest health care management companies, operating acute care hospitals, behavioral health facilities and ambulatory centers (NYSE:UHS UHS University Health Services UHS Universal Hint System (gamingy) UHS University High School UHS Urbana High School UHS University High School (Australia) UHS Union High School ), Continuum Health Partners, Community Health Systems (NYSE:CYH CYH Check Your Head (youth driven organization in Canada) CYH Consider Yourself Hugged ), U.S. Oncology (Nasdaq:USON), IASIS Healthcare, MedCath Inc. (Nasdaq:MDTH) and others. Broadlane has offices in San Francisco and Oakland, Calif.; Dallas; 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. . For more information visit www.broadlane.com. |
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