eSourceRx Launches Pharmaceutical Procurement Client Services Portfolio

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Services Create Dynamic Sourcing Channel for Healthcare Organizations

eSourceRx, Inc.( today announced it has launched a portfolio of client services geared towards assisting healthcare provider organizations reduce the cost of pharmaceuticals. The eSourceRx client services portfolio allows healthcare organizations to establish a dynamic open sourcing environment for pharmaceutical product acquisition utilizing a network of preferred wholesalers and distributors.

We are pleased to introduce the eSourceRx client services portfolio that will allow healthcare provider organizations to establish private pharmaceutical procurement eMarkets designed for their specific class of trade (hospitals, health systems, mail order pharmacies, ambulatory infusion centers, LTC pharmacies, retail pharmacy, etc.) said David Rykbos, President of eSourceRx, Inc. Healthcare provider organizations, including both private and government sponsored (Medicare, Medicaid, VA, PHS and State Health Systems) are under extreme pressure to reduce the cost of care, beginning in many cases with the acquisition cost of pharmaceutical preparations.

The eSourceRx services create the first independent online resource for healthcare providers and suppliers to both source and provide medications. As a conduit for consistent product availability and supply side savings, eSourceRx works in concert with the healthcare organizations internal resources such as materials management, clinical services and systems administration to optimize financial and clinical outcomes. The recent flu vaccine shortage, coupled with ongoing periodic shortages of other bio-pharmaceuticals creates an immediate demand for the eSourceRx offerings.

The technology incorporated into the eSourceRx systems utilize the power of aggregated purchasing algorithms coupled with user focused revenue enhancement models that deliver bottom line cost efficiencies to the pharmaceutical buyer and supplier. The eSourceRx platform has integrated a complete e-Procurement platform with complete RFQ capabilities and inventory resource recovery tools.

About eSourceRx

eSourceRx, Inc. is a pharmaceutical procurement services organization designed to meet the complex sourcing demands of today's healthcare organizations. The eSourceRx applications and services are carefully designed to meet the diverse and complex sourcing and procurement needs of both buyers and suppliers. eSourceRx's unique web-based user interface coupled with the embedded intelligent sourcing and dynamic pricing engines delivers clients a complete, yet easy-to-use, electronic procurement application. All of the eSourceRx programs are designed to enhance overall clinical outcomes while capturing economic efficiencies across the healthcare supply chain.

Contact Information:

David Rykbos


eSourceRx, Inc.

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