Relatable

Relatable streamlines how hospital and ambulatory surgery center (ASC) purchasing managers source, evaluate and contract medical devices.

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Standardize RFP Process

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Algorithmically Relate Devices

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Analyze Spend

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Achieve Contracting Goals

Without standardization, every methodology to compare products is variable and subjective, making it virtually impossible for supply chain personnel and clinicians to both quickly understand what a device is and how it relates to devices currently being used today.

We give you the power to visualize value quicker and more affordably than any other option.

Benefits

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Realize savings easier

Our customers quickly visualize areas of redundant spend by product type, procedure or service line - making cost containment or vendor consolidation initiatives a breeze.

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Reduce labor expenses

Our web-based software is like having an additional supply chain expert on your staff - giving you more time to focus on what’s important.

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Improve physician communication

We create common ground for physicians, administrators and purchasing managers to have productive conversations about medical devices to better understand what they are.

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Pricing and product transparency

We take an algorithmic approach to relating similar products so that our customers may objectively compare devices to determine value received for the price paid.

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Reduce RFP cycle time

We’ve streamlined how our customers source product information from suppliers and evaluate their contracting options, moving from a months-long process to as quickly as a week.

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How it works

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Request for Pricing & Information

Issue RFPIs by product, procedure construct or service line to suppliers. Ask for information like product specifications, images, surgical videos, FDA approval information, reimbursement coding or any other data is important to clinicians.

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Upload

All RFPI Template supplier responses are uploaded to Relatable and create an internal Product Data Catalog that may be searched by attributes, appended with additional data and serve as a device research tool for any invited user.

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Relate

Our customizable proprietary Product Relators technology algorithmically determine how broad or narrow product relationships need to be, eliminating the need for subjective, labor-intensive cross-referencing entirely.

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Analyze

Analyze usage history and view recommendations for alternative products to consider using moving forward, down to the individual SKU - forecasting the cost impact of each potential conversion and simultaneously tracking supplier market share for applicable discounts or compliance rebates.

The root-cause of the complexity of medical device purchasing in healthcare today is a lack of standardization. Let us take the heavy-lifting off your shoulders so you may focus on delivering the best patient care at the best possible price.

Perfected in collaboration with the Cedars-Sinai Accelerator, powered by Techstars.

Cedars-Sinai Accelerator Powered By Techstars

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