What You Should Know:
– Resilinc and Premier Inc. launch healthcare exchange to help hospitals access supplies and ease shortages during COVID-19.
– The exchange platform, in collaboration with Stanford Medicine, will launch in mid-April and is now accepting applications for providers and industry groups to join at no cost.
– Providers can apply to join The Exchange in under 10 minutes at https://theexchange.resilinc.com/healthcare/pre-registration/, and each provider can list items it needs and offer those it can spare in exchange.
Resilinc, a provider of AI-based supply chain mapping and disruption monitoring services, and Premier Inc., a healthcare improvement company, today announced the roll out of The Exchange at Resilinc. The Exchange is a cloud-based platform for the healthcare industry where hospitals interact with vetted peer organizations to identify, locate and exchange critical medical items during the COVID-19 outbreak.
Shortages occur across critical product categories for a myriad of reasons including the location of raw materials and manufacturing, demand planning, industry protocols and regulation, sterilization and policies. The COVID-19 pandemic is an especially relevant example of how a domestic exchange between providers and trusted partners can help enable access to products that are in short supply.
How the Exchange Works
The exchange platform, in collaboration with Stanford Medicine, will launch in mid-April and is now accepting applications for providers and industry groups to join at no cost. Through the Exchange – which is agnostic to any group purchasing organization – hospitals and frontline healthcare providers experiencing supply shortages can submit requests for specific items and be matched with peer organizations who can supply those items through a safe, secure and trusted network. Donations of critical supplies are also welcome and will be disbursed through an integrated donation center.
“With COVID-19, we are experiencing an unforeseen and unprecedented level of stress on caregivers and supply chains,” said Chaun Powell, group vice president of strategic supplier engagement at Premier, which unites an alliance of more than 4,000 hospitals and health systems and 175,000 other providers. “With more than 9,300 items on allocation across the country, Premier continues to advocate for industry-wide collaboration that increases transparency into the supply chain, so we can accelerate problem-solving at scale and get supplies to providers with the greatest need. Premier is proud to help found this exchange and cut across traditional boundaries for the benefit of all.”
How to Join the Exchange
Providers can apply to join The Exchange in under 10 minutes at https://theexchange.resilinc.com/healthcare/pre-registration/, and each provider can list items it needs and offer those it can spare in exchange. Healthcare organizations, nonprofits and other businesses are encouraged to apply if they would like to donate much-needed supplies.
