Minneapolis, MN, June 26, 2024 – triValence LLC, a leading platform technology company that streamlines the supply chain and expense management operations in the non-acute healthcare sector, announces its partnership with MediGroup Physician Services. Our innovative SaaS-based solution eliminates the need for multiple disparate systems, seamlessly integrating supply chain, expense management, and payments into one comprehensive platform, centralizing access to critical data and offering unparalleled visibility into purchases and finance, all from a single, user-friendly hub.
“triValence is excited to partner with MediGroup, the largest non-acute GPO in the country and a pioneer in bringing new and innovative solutions to the ASC industry,” said Dunston Almeida, CEO and Founder. “We believe this partnership will reduce costs, improve productivity, and provide real-time data insights to all our non-acute members.”
“Over the past 20-plus years, MediGroup has grown to provide our members with the most comprehensive contract portfolio that maximizes efficiencies and minimizes costs,” says MediGroup Chief Executive Officer Andy Klearman. “We know our members will value triValence’s solutions that simplify ordering and automate invoicing while also paying Suppliers for healthcare supplies. triValence also provides data insights and dashboards for procurement and expense management as well.”
The intuitive, user-friendly platform offers seamless purchasing functionality and approval workflows to help manage vendor expenses, automate account payable processes, and pay vendors. By combining procurement and payment into an integrated platform, non-acute facilities can identify cost savings and quality improvement opportunities, better manage orders, shortages, and backorders, and focus more on patient care.
“The goal [of our platform] is to address the needs of today’s non-acute facilities. Staffing, supply chain, and escalating operational expenses stand out as primary challenges confronting facilities,“ said Tonia Kraus, SVP of Strategic Development. “Our all-in-one solution was built for non-acute facilities to help drive operational efficiency, maintain financial oversight, and improve their bottom line.”
With its unique combination of healthcare and fintech expertise, triValence optimizes the supply chain management and payment process. Its industry-changing platform seamlessly connects non-acute providers and suppliers while offering greater visibility into financial and purchasing information.
About triValence
triValence uniquely combines fintech and healthcare technology, reshaping how non-acute facilities manage procurement and payments. Our comprehensive SaaS-based platform integrates supply chain and expense management, eliminating siloed processes and disparate systems. By closing the loop between purchasing and payments, we empower non-acute facilities to save time, drive bottom-line improvements, and seamlessly access accurate data and insights. For more information, visit triValence at www.trivalence.com.
CONTACT:
Alex Wallace, Marketing Operations
[email protected]
About MediGroup Physician Services
Recognized as one of the largest non-acute care group purchasing organizations (GPO) in the United States, MediGroup’s roster of 25,000+ members represent over 200,000 physicians in surgical clinics, non-acute care facilities and specialty physician offices nationwide. By aggregating their purchases, MediGroup helps members reduce annual costs on the products and services to run their operations.
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