Impensa provides a master data platform, CostCloud®, that standardizes and enhances healthcare product data, enabling interoperability across disparate systems. This solution addresses the challenges of data fragmentation and inaccuracies in medical supply chains, facilitating improved cost analytics and operational efficiency for healthcare providers and vendors.
Funding
Funding not disclosed
Founders
Product
Problem
Healthcare providers and vendors struggle with fragmented and inaccurate medical product data across disparate systems. This lack of standardization hinders interoperability, making it difficult to perform accurate cost analytics and achieve operational efficiency in the medical supply chain.
Solution
Impensa provides CostCloud®, a master data platform that standardizes and enhances healthcare product data, creating a single source of truth. CostCloud® enables interoperability across various systems by providing extensive attributes and categorization of medical products. The platform offers transparency into supply spend, contract compliance, and patient/physician consumption through its analytics capabilities. By integrating supply chain item costs with advanced cost accounting applications, CostCloud® supports accurate "true cost" integration and margin analytics.
Target Audience
Impensa's primary customers include healthcare providers, consulting firms, and vendors seeking to leverage medical product data for improved cost analytics and operational efficiency.
Features
- Master data management for healthcare medical product data
- Data standardization and categorization to ensure interoperability
- Integration with Cloud-ERP, EMR, and RevCycle solutions
- Item Master maintenance and cleansing, including GTIN mappings
- Integration of medical supplies, devices, and pharmaceuticals into clinical documentation
- Cost accounting integration for accurate "true cost" analysis
- Analytics for supply spend, contract compliance, and patient/physician consumption