Top 10 New Wave Surgical Alternatives & Competitors

Leveraging linkage capability of the platform, its easy-to-use format allows clinical team members to access, share and understand service line profitability so that organizations have a comprehensive approach and understanding of how to become financially sustainable.

• Identifying top and bottom performing service lines within the organization to drive short- and long-term strategies
• Identifying physician ordering patterns by encounter/case type to allow for potential purchasing consolidation by supply type or item
• Drawing attention to potential revenue shortages that are contributing to negative service line margin performance
• Establishing physician-level utilization and related costs to help determine high-cost Diagnosis Related Groups (DRGs)/procedures in tandem with patient/encounter severity to allow internal benchmarking and improvement initiatives

An intuitive mobile experience designed for the field, vTrakr simplifies surgical inventory management, case management, and information sharing. Purpose-built for sales reps and inventory managers on the go, vTrakr for iOs extends human resource capabilities and reduces overhead needs by replacing manual, error-prone tracking methods with intuitive capabilities. Our tools minimizes the burden of inventory control to maximize efficiency throughout the medical device supply chain. Key features of vTrkr include the ability to scan, search, or input new devices to efficiently track your consigned, loaned, and trunk stock inventory; simple restock requests and field transfers to move inventory where it needs to go with minimal effort; track inventory expirations across the entire ecosystem; and the ability to submit invoices automatically for accelerated payment and improved cash flow.

Triyam is a leading provider of technology solutions in Healthcare. Triyam delivers expert solutions for EMR/EHR data management. Triyam’s data conversion services help hospitals and clinics to freely migrate from one EHR vendor to another without losing any historical patient data. We help hospitals and clinics archive patient data from legacy EHRs. This helps them shut down legacy systems and save money while meeting state mandated retention requirements. Triyam has a team of dedicated professionals with decades of experience in Healthcare IT. They understand the healthcare market’s compliance requirements and unique needs of each customer, delivering products and custom solutions with innovative ideas

Mente Medical offers a data-driven solution aimed at optimizing surgical instrument trays to enhance operating room (OR) efficiency and reduce costs. Their platform uses RFID technology to track instrument usage during surgeries, allowing hospitals to significantly cut down the number of instruments in each tray without compromising surgical outcomes. By optimizing trays, Mente helps reduce the complexity of OR setup and teardown, lowers sterile processing workloads, and minimizes instrument-related errors. Developed, tested and used at Duke Health, the Mente system has shown substantial reductions in the number of instruments needed, with some surgeries seeing up to 70% of instruments removed without subsequent requests for the eliminated tools. This streamlining not only improves workflow but also translates to significant cost savings— up to $100,000 in annual savings per OR. This technology ultimately leads to faster OR setup, less tray weight, and improved patient care.

Carrum Health offers upfront bundled payments for surgical care, saving employers up to 45% per procedure and eliminating medical bills for patients. They connect employers with top healthcare providers to provide premier healthcare benefits to employees.

Genesis Automation Healthcare offers a clinical traceability solution that automates and enhances the management of critical supplies throughout the Clinical Supply Lifecycle, aiming to deliver substantial financial, operational, and clinical benefits ...

BrightWater Medical is a mid-stage medical device company uniquely positioned to significantly impact the treatment of ureteral blockages by interventional radiologists. The company was founded by Dr. Bob Smouse, Associate Professor of Radiology & Surgery, University of Illinois College of Medicine. Dr. Smouse is a leading interventional radiologist, clinician, academic and entrepreneur, with more than 20 years of experience in interventional radiology, endovascular surgery and clinical research.

Clear Surgical, is a new medical device company established in 2013 who develop and sell innovative medical devices for use in surgery.

Gallion is a healthcare-focused, cloud-based, clinically-integrated digital supply chain application that automates and standardizes the bill-only supply management process through the consumption, purchasing, billing, and payment workflow (bill-only supplies are high cost items, such as surgical/procedural implants, that are consumed in the operating room but are not stored in inventory at hospitals). Gallion acts as an apex application that is seamlessly integrated with hospital transaction systems of record, including electronic medical record (EMR) and enterprise resource planning (ERP) systems, resulting in a streamlined, efficient, and delightful user experience for all stakeholders involved in the process. Gallion eliminates manual processes and significantly reduces error-prone and time-consuming work for clinical and administrative staff while optimizing workflows that increase the velocity of the supply use to cash payment process. Through built-in features and intelligence, Gallion reconciles item utilization and contract price compliance in real time at the point of care in the operating room, leading to a near 100% compliance rates and less than 3% defect rate. Its intelligence allows for rapid decision making and further downstream reporting and analytics providing actionable insights and supply chain decision support tools.