The Medical Device Business Journal — Medical Device News & Articles | MassDevice
The goal of aptitude LLC, the Amazon.com-style marketplace for medical device companies and hospitals, is to reduce costs while speeding up contracting in the healthcare supply chain for buyers and sellers of medical equipment.
Aptitude LLC said it inked a deal with the Northeast Purchasing Coalition for online direct contracting for more than 100 hospitals.
Aptitude is an online marketplace aimed at streamlining the hospital purchasing process by connecting medical device suppliers with their counterparts in the hospital industry. The company is a spinout of Irving, Texas-based group purchasing organization Novation.
Photograph by Carolyn Bick
Nearly 300 of the industry’s best and brightest gathered for a night of big ideas, industry insights and few cocktails last night at MassDevice.com’s Big 100 East 2013 conference in Waltham, Mass.
We did the math
Probably your favorite subject, right? Numbers and the science behind using them to solve our problems is not necessarily what the business of healthcare is known for – however, we applied a little math to a revolutionary idea and ended up re-imagining an important component of an age-old business model.
Two years ago, Troy Kirchenbauer got an opportunity most employees would shy away from – the chance to put his company out of business.
The former Novation executive and current general manager of Aptitude LLC, a new web portal spunout of the Irving, TX.-based group purchasing organization, was tasked with leading a team with the mission of tearing apart not only Novation’s business model, but the method by which hospitals buy billions of dollars of medical equipment every year.
Is it a game-changer, or "game over" for the medical device industry’s business model?
Aptitude LLC, an online marketplace aimed at streamlining the hospital purchasing process by connecting medical device suppliers with their counterparts in the hospital industry, is set to launch early next week at the IDN Summit in Orlando.
