Mid-America Service Solutions Chooses aptitude™ Platform for Contracting for Hospital Supplies

IRVING, Texas, Aug. 4, 2014 /PRNewswire/ -- Mid-America Service Solutions (MSS), the nation's largest regional coalition representing 120 hospitals with more than $4 billion in annual supply spend, has become the latest purchasing group to sign up and act on cost reduction opportunities through aptitude LLC, healthcare's online direct contracting market, to increase speed to value.

The agreement raises the total supply spend expenditure of participating hospitals in the aptitude market to more than $14 billion.

"We see aptitude playing a complementary role in our contracting strategy by reducing cycle time, allowing more visibility into market leading pricing, and driving contract compliance," MSS CEO Jeff Andersen conveyed.  "Ultimately, aptitude enables better decision making leading to greater savings."

Healthcare organizations are using aptitude to reduce their contract cycle time up to 80 percent while saving an average of 15 percent on agreements.  In addition, many hospitals and aggregation groups are seeing immediate benefits by gaining new insight into the performance of their supply chain during the initial onboarding process – even before they initiate a pricing request from suppliers.    

MSS has already started reviewing and prioritizing opportunities identified by the aptitude platform in conjunction with their existing contracting roadmap.  "Our membership now has the ability to easily identify opportunities, quickly act on savings and better manage our contract pipeline which effectively increases our speed to value," Andersen continued.

"Cost pressures on healthcare organizations and suppliers continue to increase," said Troy Kirchenbauer, general manager of aptitude. "We feel aptitude offers a complementary strategy for reducing healthcare spending.  Our customers are interested in modernizing the way hospitals and suppliers work together."

About aptitude LLC:
As healthcare's direct contracting market, aptitude LLC is meeting the evolving demands of today's healthcare organizations. Hospitals and suppliers are intrigued by how aptitude re-imagines the contracting model and provides the driving force for a more logical market in which both parties can achieve mutually beneficial, committed purchasing relationships. For more information, visit aptitude.com and follow us on Twitter @aptitude LLC and LinkedIn.

Contact: Elizabeth Jones, [email protected], +1-972-581-5795

SOURCE aptitude LLC

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