Seamlessly access demand outside of your geographic footprint by building new relationships with hospitals and blood centers facing inventory shortages.
Reduce wastage and grow revenue by augmenting and diversifying your blood product distribution channels.
Leverage sophisticated business intelligence (BI) tools to identify opportunities across your organization, and the marketplace, with our analytics suite.
The Affordable Care Act (ACA) has changed the healthcare delivery model in a powerful way, and we all find ourselves truly in the midst of a paradigm shift in healthcare. ACA has served as the catalyst for, among other significant events, major health system consolidation, accountable care organization (ACO) formation and integration, a watershed shift from fee-for-service centric payment models to value-based contracting, unprecedented cross-continuum M&A activity between providers and payors, and enhanced scrutiny from hospitals on all critical supplier arrangements.
The ultimate goal of these healthcare reform initiatives is to enhance patient outcomes while optimizing operational efficiency, lower cost and overall utilization. Lower utilization of healthcare services means lower utilization of blood and blood products, which results in significant and continual downward pressure on blood center operating revenue. When combined with the tremendous growth and success of hospital-based patient blood management (PBM) programs, and technological advancements in the form of minimally invasive surgical procedures and intraoperative cell salvage, it is clear that hospitals are pulling out all the stops when it comes to lowering blood product utilization.
Blood centers are caught in the middle of this paradigm shift and are finding themselves met with increased supply cost scrutiny from their existing hospital customers, increased competition as other blood centers are forced to expand their geographic footprint to make up for lost revenue, and a forward-looking negative trend of lower utilization by hospitals in their primary service areas. All of which are challenging the long-term viability of their existing revenue models, and traditional business model as whole.
Bloodbuy's state-of-the-art technology was specifically developed to address these significant challenges and provide your organization with a durable competitive advantage to leverage while navigating this rapidly changing landscape.