H-Source is a new resource for member hospitals to privately buy and sell products and equipment with each other. Our cloud-based platform combines a user-friendly, web-based marketplace with data and reporting features specific to software systems in hospitals.
Additionally, H-Source provides an opportunity for IDNs or customized groups of hospitals to privately communicate to buy and sell independently. Issues such as: outdates, physician preference changes, restrictive manufacturer return policies, contract changes, product upgrades, multiple ownerships and software systems cause billions of dollars of losses for our hospitals annually. Our mission is to maximize the efficiencies in supply chain, increase operating margins, and support sustainability.
Business Focus/ Mission
To be the central private hospital marketplace that allows members to buy/sell/transfer medical supplies and capital equipment with each other in the US and globally
Target Markets
10,000 + US hospitals and surgery centers
30,000 + Global hospitals and surgery centers
$8.0 Billion annual market opportunity of unused medical supplies, equipment and pharmaceuticals that are discarded
CurrentCustomers/Partners
Over 500 medical facilities:
($3.5 Million) worth of inventory currently on site for sale
State HospitalAssociation preferred partner
Washington State, California, Georgia
Intellectual Property
Patents pending in the United States, Europe, and Japan
Headquarters
Spokane,WA & Vancouver, BC
Ticker:Exchange
HSI:TSXV
HSCHF:OTCQB
SharesBasic /FD
70.1MM/74.2MM
Insider Holdings
~20%