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www.openmarketshealth.com

Chicago, Illinois, United States

OpenMarkets is a healthcare procurement platform connecting providers and suppliers to streamline capital equipment purchasing.

OpenMarkets is a healthcare procurement platform that connects health systems with suppliers to simplify the buying and selling of capital equipment. The platform enables providers and suppliers to move quickly from research to quotes to purchase through connected workflows, centralized catalogs, and transparent collaboration. Since 2011, OpenMarkets has focused on reducing fragmentation and cost in healthcare procurement by delivering user-friendly, powerful tools that streamline sourcing, budgeting, and communications. The organization serves hospitals, health systems, and suppliers, helping them save time, improve efficiency, and make better, data-informed decisions. OpenMarkets emphasizes governance, visibility, and partnerships across the procurement lifecycle, enabling smarter capital planning and procurement at scale.

Mission statement

Since 2011, our mission has been to deliver providers and suppliers user-friendly, powerful products.

Products & Services

OpenMarkets Platform Platform

Streamline healthcare equipment procurement with unified workflows and direct supplier access.

www.openmarketshealth.com/products-and-platform
  • Direct Supplier Access — Facilitate Supplier Communication
  • Research & Analysis — Access Reliable Data
  • No-Charge Access — Free Marketplace Access
  • Centralized Catalogs — Standardize Equipment Purchasing
  • Governance and Visibility — Enable Transparent Procurement
  • Equipment Marketplace — Access Thousands Of Listings
  • Integrated Platform Modules — Access All Tools in One Place
  • Scalability — Support Growing Organizations
  • On-Demand Optimization — Maximize Procurement Value

Market Segments

Capital equipment procurement

Capabilities to manage sourcing, quoting, and purchasing of high‑value medical equipment across health systems through connected workflows and direct supplier engagement.

Healthcare equipment marketplace

Public catalog and marketplace for researching, comparing, and transacting medical devices and capital equipment, enabling rapid discovery and price transparency for providers and suppliers.

Capital planning and optimization

Tools and analytics for budgeting, formulary management, and on‑demand market analysis to optimize capital allocation, lifecycle decisions, and value when buying or selling equipment.

Procurement governance and supplier collaboration

Capabilities that provide governance, visibility, standardized catalogs, and in‑app supplier collaboration to enforce policies, approvals, and cross‑organizational procurement controls.

Common Questions

What does OpenMarkets do?
OpenMarkets is a healthcare procurement platform that connects health systems with suppliers to simplify the buying and selling of capital equipment. The platform enables providers and suppliers to move quickly from research to quotes to purchase through connected workflows, centralized catalogs, and transparent collaboration. Since 2011, OpenMarkets has focused on reducing fragmentation and cost in healthcare procurement by delivering user-friendly, powerful tools that streamline sourcing, budgeting, and communications. The organization serves hospitals, health systems, and suppliers, helping them save time, improve efficiency, and make better, data-informed decisions. OpenMarkets emphasizes governance, visibility, and partnerships across the procurement lifecycle, enabling smarter capital planning and procurement at scale.
What is OpenMarkets's role in the Capital equipment procurement market?
Capabilities to manage sourcing, quoting, and purchasing of high‑value medical equipment across health systems through connected workflows and direct supplier engagement.
What is OpenMarkets's role in the Healthcare equipment marketplace market?
Public catalog and marketplace for researching, comparing, and transacting medical devices and capital equipment, enabling rapid discovery and price transparency for providers and suppliers.
OpenMarkets — company overview