Hospital Market Network™

Introducing the Hospital Supply Chain Market Network

A hospital is an endless network supply chain and resource demands. New technologies have brought forth a new business model. It is designed to elevate the efficiency of supply chain operations by bringing all the parts and players belonging to into one central view, a place for market and social conversation, on one digital platform called ETHoS – Market Network™ branded for hospitals, known as a market network specifically focus on supply chain.

Transparency and efficiencies on transactions are the critical element to marketplaces, a significant component to a market network. Everyone sees what everyone is charging and doing, including reputation assessments. Helping all subscribers evaluate competition and market choices of business entities in the marketplace based upon their position in the supply chain of healthcare.

Hospital – Market Network™, on ETHoS™ platform, provides a social engine as well where people and businesses can hook up needs or solution within the supply chain space. It fosters ideas between supply chain people, and just about anything that needs buying, selling and connecting into discovered supply chain nodes. Marketplaces allow business transactions among any number of buyers and sellers. It’s like a Facebook, Airbnb, eBay, LinkedIn, Twitter, and Uber all in one. However, it does so by supporting policies to security and privacy protection of sensitive health data, within the Hospital Market Network.

How does it work? You log into the Hospital Supply Chain Market Network using the secure login and validation services in the ETHoS platform. Then, you set up a profile and build contacts based on like interests just like other social platforms but with the available or invited business contacts. Even clinicians become subscribers to add their perspective and needs on supply chain issues. ETHoS operates on a SaaS workflow application platform built for a longer transactional relationship, with ETHoS as the automated facilitator platform. The system helps people use it to create and maintain positive relationships, track the value of those related to supply chain services and products and applications of insight intelligence to precisely and effectively measure your own supply chain decision and those business entities that support, as a supply executive, those critical supply chain needs for hospital and supporting organizations.

The ETHoS™ System Can Cut Down on Supply Chain Inefficiencies

The ETHoS – Market Network™ is especially beneficial to adaptive and complex, higher business value services, like medical supply chains based on long-term relationships that interconnect critically. A patient’s movement from admittance, diagnosis to treatment and recovery involves many providers that must be quickly coordinated to provide timely services. At the heart of it, the hospital supply chain ecosystem becomes more manageable.

Hospitals can better manage their supply chain needs by being the central hub for supply chain market efficiency and network transparency promoted by and leveraged by.

Hospitals’ missions are primarily focused on the healing of patients, effectively and expediently, the medical supply chain and executive managers are inherently pertinent to this process. The proposed Hospital Market Network’s sole mission is to support this mantra by assisting the people with the power of ETHoS – Market Network™.

The specific other business benefits of subscribing to a supply chain based market network are:

1. By subscription, a company can leverage and grow vendor-hospital influence to span and elevate into new channel-market pipelines, increasing revenue and cost saving opportunities.
2. Hospitals are exposing more and more data and micro-services around their product-lines, via the API. ETHoS™ can assist them in fostering their services value and increase market discovery beyond their current market horizons.
3. Generate new co-vendor opportunities and new patient experiences by mixing strategically placed co-vendor products, discovered in the market network, into hospital services experience mix, therefore pushing-out product lifecycle for their customers.
4. Leverage the combined benefits of marketplaces and social networks to grow supply chain reach.
5. Add more specific complex content and context intelligence to delight the supply chain manager, clinicians, and deliver to increasingly complex patient-experience needs.