Why VeritasAdvantage?

Medical device and supply pricing is by design complicated. The introduction of pricing tenets such as rebates, complex tier structures and quotes laced with non-disclosure language prevents most hospitals from establishing or monitoring prevailing market prices. VeritasAdvantage is committed to providing a solution.

The 2016 Wharton School of Business research study-Transparency and Negotiated Prices: The Value of Information In Hospital-Supplier Bargaining demonstrated – “the ability to share medical device pricing information between participating hospitals lowered overall medical device spending an average of 26%.”

  

The VeritasAdvantage App provides hospital members access to real-time pricing information from an ever-growing network of ambulatory surgery centers, hospitals and healthcare systems.

All data and purchase order records are completely anonymous and user identity is never disclosed.

Our application marries the science of pricing transparency, membership scale and a proprietary on-line environment that connects hospitals and ambulatory surgery centers in real time.

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