Bloodbuy Working With Over 150 Hospitals

Bloodbuy Working With Over 150 Hospitals

Dallas-based Bloodbuy is now working with over 150 hospitals to optimize their blood supply.

Bloodbuy’s largest financial backers include North Carolina-based Premier, Inc. (NASDAQ: PINC) and Providence St. Joseph Health System. 

The company’s founder & CEO, Chris Godfrey, sat down with the Dallas Business Journal to talk about where the company is headed next.

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Bloodbuy wins Emerging Company Innovation Award

Bloodbuy wins Emerging Company Innovation Award

Tech Titans, the largest technology trade association in Texas, in conjunction with the Dallas Business Journal, have announced Bloodbuy as the winner of the 2017 Tech Titans Emerging Company Innovation Award!

While an ice storm didn’t freeze out fans from Super Bowl 45, held in 2011 at Cowboys Stadium, the Pittsburgh Steelers and local hospitals saw big losses.

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RAND Study Recommends HHS use Bloodbuy

RAND Study Recommends HHS use Bloodbuy

In a new independent study from RAND Corporation, researchers cited numerous factors challenging the sustainability of the nation's existing blood supply framework. Researchers at RAND analyzed data pertaining to blood product supply and demand, reimbursement rates, and unit costs from the CMS, CDC and FDA. They also conducted interviews and focus groups with representatives from ten blood centers, eight hospitals, and eleven corporations that supply equipment and services to the blood industry.

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WIRED Magazine features Bloodbuy

WIRED Magazine features Bloodbuy

Bloodbuy is featured in the 2016 Design Issue of WIRED magazine, currently on newsstands.  Pick up a print edition of the globally acclaimed technology magazine and read about Bloodbuy in the article entitled Priceline for Platelets.  The article focuses on Bloodbuy's cloud-based technology platform, which is being utilized to connect hospitals and blood centers across the country in an effort to create a more cohesive network, and thereby efficient, blood supply ecosystem.

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Business Insider features Bloodbuy

Business Insider features Bloodbuy

In the midst of an era of blood shortage fewer than 10 percent of eligible donors roll up their sleeves to give blood. All things considered, it's not only that, there's a major logistics gap in the industry. The issue is -- most hospitals depend on regional blood centers. Meaning blood -- well, it isn't flowing freely across the country.  In comes Bloodbuy, a healthcare information technology company that uses a cloud-based platform interfacing hospitals and blood centers across the country.

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PharmExec Magazine features Bloodbuy

PharmExec Magazine features Bloodbuy

Sometimes a change in the weather can be life-changing. So it was for Chris Godfrey, a Dallas-based investment professional whose new start-up is attracting plaudits—and investment-grade partners—for addressing a persistent gap in the US medical supply chain. His company, Bloodbuy, is using innovative data management technologies to create a transparent and consistent process for exchanging price and supply information around the core commodity of healthcare: blood.

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TechCrunch features Bloodbuy

TechCrunch features Bloodbuy

Earlier this year, the White House made a bold bid against cancer, announcing a new, nationwide “Moonshot” initiative to do away with the disease — once and for all. Mark Zuckerberg also made headlines recently by promising to bankroll research efforts.  Billions of dollars in increased funding and more brainstorming toward a cure is a very good thing. With the costs of cancer care hovering around $157 billion a year, heart disease/stroke at $315.4 billion and the human toll of both at 1.2 million per year, these unrelenting illnesses need the most attention.

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Bloodbuy to Showcase at Premier's Innovation Celebration

Bloodbuy to Showcase at Premier's Innovation Celebration

Bloodbuy selected to showcase its cloud-based blood product procurement platform at Premier Inc.’s annual Breakthroughs Conference

Bloodbuy’s cloud-based blood product procurement platform is one of fourteen medical innovations that was showcased in front of thousands of healthcare providers at Premier Inc.’s 2016 Breakthroughs Conference and Exhibition on June 21.

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Bloodbuy Wins Harvard Healthcare Innovation Award

Bloodbuy Wins Harvard Healthcare Innovation Award

BOSTON—Bloodbuy, the Dallas-based company whose technology connects hospitals and blood centers nationwide to ensure the efficient flow of lifesaving blood products to patients in need, has been recognized by the Harvard Forum on Healthcare Innovation, a collaboration of Harvard Business School and Harvard Medical School, as the winner of the first Harvard Health Acceleration Challenge.

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Bloodbuy is Runner-Up in athenahealth MDP Challenge

Bloodbuy is Runner-Up in athenahealth MDP Challenge

Bloodbuy, Runner-Up in More Disruption Please Innovation Challenge presented by athenahealth

The goal of the More Disruption Please Innovation Challenge was to attract entrepreneurs to healthcare.  This year's More Disruption Please Innovation Challenge attracted over 70 teams in a challenge that asked them to step up to the challenge of building cloud-based solutions that solve hospitals' biggest pain points.  

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Bloodbuy Announces $3.75 Million Strategic Financing

Bloodbuy Announces $3.75 Million Strategic Financing

DALLAS, Texas -- BUSINESS WIRE -- Bloodbuy, a healthcare information technology company that operates a cloud-based platform connecting hospitals and blood centers nationwide, today announced it has closed a strategic funding round involving Premier Supply Chain Improvement, Inc., an affiliate of Premier, Inc. (NASDAQ: PINC), and St. Joseph Health. Bloodbuy will use funds to continue the rapid expansion of its integrated network of hospitals and blood centers, grow its team, and add new technology offerings.

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Harvard Business Review features Bloodbuy

Harvard Business Review features Bloodbuy

The conventional wisdom is that it takes far longer for many potentially beneficial innovations to be widely adopted in health care than in other industries, especially consumer markets.  An oft-cited example is the iPhone — more than 700 million have been sold since the first model went on sale eight years ago. By comparison it can take 10 to 20 years for a new health care practice to go from development to widespread adoption, according to some estimates.

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Becker's Hospital Review features Bloodbuy

Becker's Hospital Review features Bloodbuy

Four finalists have been selected for Harvard's "Health Acceleration Challenge," a competition focused on helping healthcare delivery improvement solutions grow.  The finalists share a $150,000 prize among other networking and funding opportunities. The original pool of nearly 500 applicants was narrowed to four by a panel of 50 judges, and the winner will be selected in April 2016.

Here are how the finalists stack up, as presented by Harvard Business Review.

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FierceHealthcare features Bloodbuy

FierceHealthcare features Bloodbuy

Tired of the slow nature of healthcare innovation, the Harvard Business School and Harvard Medical School have taken matters into their own hands, creating a contest to help transform care delivery.  The Health Acceleration Challenge, issued in the fall of 2014, has identified four organizations that offer solutions to different problems in the care delivery process, according to the article.

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Bloodbuy CEO in DBJ's "Who's Who in Healthcare"

Bloodbuy CEO in DBJ's "Who's Who in Healthcare"

For the past several years, the Dallas Business Journal's Who's Who in Health Care list has recognized those North Texas leaders who specialize in the business aspects of health care.  This year, we're honoring 30 professionals — ranging from CEOs of prominent medical systems to lawyers to technologists to professors — and quite a few doctors, of course — who are innovating and affecting positive change in DFW's health care industry.

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Meet us at the Harvard Forum on Healthcare Innovation

Meet us at the Harvard Forum on Healthcare Innovation

Bloodbuy is featured as a finalist in Harvard's Health Acceleration Challenge, a healthcare innovation initiative sponsored by Harvard Business School (HBS) and Harvard Medical School (HMS), and will be engaging with healthcare leaders at this year's Harvard Forum on Healthcare Innovation Conference.

We will be a featured presenter during the conference and serve as the focus of an HBS Case Study taught by renowned Harvard professor John Quelch during an interactive session.

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NPR Marketplace features Bloodbuy

NPR Marketplace features Bloodbuy

“It’s not like if you run out of milk you’re fine, we’ll go without milk,” says Chris Godfrey. “If you run out of blood, there are lives at risk, so the stakes are very high.”  Most hospitals rely on regional blood centers, which is why Godfrey started Bloodbuy. It’s like Priceline, but for blood products – a cloud-based platform connecting supply with demand in a multibillion-dollar industry.

To listen to the radio excerpt from Marketplace, please click here

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