Denver-Venddy, a marketplace for healthcare organizations to find and partner with software and service solution providers, is excited to announce that it has joined the Catalyst HTI family in the River North (RiNo) district of Denver.
“Hospitals and health systems face an exhausting array of potential software companies, service firms, and other partners looking for their business. Outside of major capital purchases, like an EMR, it is very difficult to obtain enough external data to fully evaluate a potential partner prior to making a purchasing decision. Managing partnerships for business necessities, like a claims processing product, is difficult enough. Add in the complexities of constant innovation and startup activity, and health systems become overwhelmed very quickly. Trying to differentiate between the loudest marketing effort and the best solution for an organization can become an exercise in futility, and we aim to make it an easy process,” said Erick McKesson, Co-Founder of Venddy.
“Venddy was founded to simplify how healthcare providers search for and select software and service partners. Nobody enjoys the Request for Proposal process, but some level of diligence is necessary to make smart decisions. Our goal is to reduce the red tape and friction from the diligence process that exists today, while maintaining the benefits of a competitive search through our tools and resource library. Moreover, we know we can drain unnecessary cost from the equation by providing self-service tools for executives to manage and evaluate their software and service partners, as well as tap into market innovations without the reliance on third party consulting and advisory expertise,” says Phil Rogerson, Co-Founder of Venddy.
Erick and Phil founded Venddy after 25 combined years of Epic Systems implementation and healthcare consulting work. Having helped over 80 health systems identify process challenges and vendor needs, develop strategic roadmaps, and implement new technologies and operational changes, they developed a more cost-effective and on-demand approach with Venddy.
“Catalyst HTI was created with the goal of reimagining healthcare by getting health systems and businesses, large and small, to work together to solve the challenges in the industry,” stated Mike Biselli, Catalyst HTI President and health-tech entrepreneur. “Venddy is a natural extension of that mission, providing an online network and advisory support to help make those connections nationwide. We are thrilled to have their leadership on campus!”
Venddy improves quality of care and reduces the cost of healthcare through more efficient business relationships. Their Vendor Relationship Management platform allows provider organizations to strategically manage their software and service portfolio. They make organizations want to perform and participate in selection diligence through their Intelligent Request for Proposal (iRFP) process that adapts to the demographics of the organization and builds questionnaires based on the collective expertise of the industry. Learn more about Venddy at www.venddy.com.
About Catalyst HTI
Located in Denver, Colorado’s River North District (RiNo), Catalyst HTI is a 180,000 square-foot industry integrator designed to bring health-tech start-ups and established health care entities together under one roof. The building covers an entire block, located on the west side of Brighton Boulevard between 35th and 36th Streets. Catalyst HTI’s goal is to bring together private enterprise (startups to Fortune 100), government, academic and non-profit organizations with healthcare providers and payers to accelerate innovation and drive real, lasting change. For more information visit www.catalysthealthtech.com.