Medpricer Signs Deal with Texas Children’s Hospital for Purchased Services Sourcing

May 8th, 2019 – Guilford, CT/Walnut Creek, CA – Medpricer, the leading purchased services cost management solution for the health care industry, announced today that Texas Children’s Hospital chose its mSource software platform to centralize its purchased service sourcing efforts.

Texas Children’s Hospital is one of the largest pediatric hospitals in the nation and continues to grow and expand its services across the state of Texas. To meet these expanding needs, Texas Children’s created a Purchased Services Department to work with hospital stakeholders to identify which products and services are necessary to support patient care.

Medpricer will provide the hospital with complete life cycle management tools for purchased services. mSource delivers analytics, e-RFP sourcing and Precision Benchmarks within one platform. This service can:

  • Analyze more than 600+ spend categories to identify the suppliers that best meet their purchased services needs
  • Run a complete RFP event online, from a call for proposals to negotiating and signing contracts
  • Benchmark cost savings available within specific categories to determine what savings are available

“Medpricer’s life cycle management expertise will complement Texas Children’s Purchased Services team,” said Medpricer CEO Chris Gormley. “By centralizing the entire purchased services sourcing process, we will help the hospital to maximize savings for the products and services with the goal of benefiting both staff and patients.”

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About Medpricer

For more than a decade, Medpricer has helped move savings strategies forward with scalable purchased services solutions that improve sourcing efficiency and financial health. Their industry-leading software, mSource®, is the only all-in-one contract management, negotiation, and analytics platform that enables organizations to tailor contract terms to fit their unique needs – not those of a group. Engage with your purchasing data, learn from market intelligence, unite your stakeholders, and move contracts through the pipeline – faster. No catches, no hidden admin fees. Discover substantial savings and deliver outcomes that continuously improve the quality of patient care. To learn how other leading healthcare providers are transforming their savings strategy, call (888) 453-4554 or visit