H-Source

H-Source is a healthcare IT company providing a private marketplace for hospitals and surgery centers to buy and sell medical products and equipment. Founded in 2014 and headquartered in the United States, H-Source aims to address the challenges faced by medical facilities such as outdates, contract changes, overstock, new product upgrades, physician preference changes, and restrictions on manufacturer return policies. The company's solution leverages networking and technology to facilitate transactions and cost savings for its members. H-Source's platform offers a range of features including the ability to buy or sell privately within Integrated Delivery Networks, create custom hospital networks, and search products by make, model, and manufacturer number. The company's strong endorsements by prestigious organizations like the Washington State Hospital Association, Hospital Council of Northern and Central California, Hospital Association of Southern California, Georgia Hospital Association, as well as its membership in esteemed bodies such as the Association for Healthcare Resource & Materials Management (AHRMM) and Practice Greenhealth signify its industry validation and potential for growth. Notably, the company's last investment of $1.00M in Post-IPO Equity occurred on 25 June 2018. While the investors associated with this round are not specified, this investment exemplifies the ongoing interest in H-Source’s innovative approach to revolutionizing the healthcare supply chain.