As part of the agreement, teams from both organizations will collaborate with Consorta members to enhance Neoforma Data Management Solution (Neoforma DMS) and Neoforma Order Management Solution (Neoforma OMS), which are currently endorsed by Consorta.
By making both Neoforma DMS and Neoforma OMS available to Consorta hospitals, we are strengthening our efforts to drive cost reductions and increase efficiencies in the supply chain, said Darrel Weatherford, COO of Consorta. We look forward to providing increasing value to our members in collaboration with Neoforma by providing electronic access to suppliers, online reporting and rich analytics for clean, normalized and well-categorized spend data.
Consorta members hope to utilize Neoforma DMS to improve their contract purchasing by using well-cleansed, categorized and normalized data to more accurately analyze their supply chain spend across their organization. Additionally, they hope to be better able to track and trend their spend information by vendor, manufacturer and other product attributes through a series of usage-based reports.
Neoforma OMS will be expected to help drive significant savings for hospitals through increased electronic transactions, online order status availability and rapid discrepancy resolution by combining web-based reporting, discrepancy management tools and connectivity to suppliers.