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TractManager`s healthcare-specific strategic sourcing application suite serves the purchasing and contract management needs of three out of five U.S. hospitals. Serving the healthcare industry with integrity for more than 30 years, TractManager is the first-mover in strategic sourcing and enterprise contract lifecycle management. Our advisory services wrap around each solution component, optimizing purchasing and service category management, while supporting best-practice contracting processes. With divisions in Chattanooga, Tenn. (MediTract), Dallas (MD Buyline), and suburban Philadelphia (Hayes), we are dedicated to helping our clients improve their cash flows by reducing their capital and non-labor costs, and standardize their contract management processes to meet regulatory requirements. In July 2017, TractManager expanded its strategic sourcing application suite with the acquisition of MedApproved, a company providing a SaaS-based, new product approval workflow solution to help hospitals review the thousands of products and services that physicians, nurses and staff request on a yearly basis. In September 2017, TractManager acquired Hayes, one of the most respected sources of evidence-based technology assessments and unbiased advisory services in healthcare. Also in September 2017, TractManager entered into a partnership with BidMed, a leader in healthcare asset disposition, specializing in buying and selling pre-owned medical equipment. The combined strengths of MD Buyline, BidMed, MedApproved, Hayes, and MediTract enable us to offer a unique provider solution supporting every stage of the capital purchasing lifecycle.
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