Why Synthium?

Why Choose Us?

The concept for Synthium stemmed from recognizing a need to improve the buying and procurement process of medical supplies. We have created a platform that leverages the strategic alliance between healthcare providers, and manufacturers using our team of Account Managers who have expert knowledge and understanding in medical supplies. This partnership will allow you to reach your market potential and optimize provider spend via easy purchasing of medical supplies. As a participating manufacturer, you will be able to connect directly with our team of Account Managers who have an intimate understanding of healthcare provider needs. Synthium is able to reduce supply risks by providing guaranteed payments to the manufacturer as all supply orders come directly from Synthium. This allows you to reduce the number of individual transactions and reduce the time spent on accounts receivable.

Our Account Managers are working daily with healthcare providers, connecting you with your end client. This means that we can assist you in offering any new products that come available directly to the healthcare providers that need them.

By joining Synthium as a participating manufacturer, you will have access to our secure, full-service platform that has been meticulously crafted with you in mind. You can set up a complete business profile that provides you with all of the tools you need to organize your sales. You will have access to view your current inventory, provide targeted discounts, access resource mate-rials, and connect with other professionals in the healthcare industry just to name a few.

Major Features Offered:

  • Synthium+ program
  • Business Analytics & Machine Learning (optional)
  • Scheduling & Surgery Management (optional)
  • Item Master Mapping (Optional)
  • Smart Contracts: Visibility and traceability
  • Guided Navigation: Synthium invested significant resources on medical devices products knowledge and procurement guidelines
 

Healthcare Supplier - Product Demo

Benefits - Suppliers

We built the platform with your specific needs in mind and here is the high level summary of major features:

  1. Medical Device Sales Rep Management: Leverage your most expensive resources to connect with your target audience and increase sales and brand awareness. Human anatomy (images and description) are included to help medical reps, with medically verified information.
  2. Retail options:
    1. Single platform to target consumers (B2C) as well as healthcare providers (B2B)
    2. There are over $300 Billion worth of cryptocurrencies (such as BTC, ETH and SHP) in the market and some of them could be owned by your customers. Would you like to earn their business by accepting cryptocurrency and convert them into USD transparently? If yes, Synthium we will be accepting certain crypto currencies on our platform transparently and settle the payments in the USD as soon as complete legal and technical requirements of the trading exchange (already integrated into the platform) are finalized. Release date – TBA
  3. RFQs:
    1. Bid on requirements from hospitals, GPOs, surgery centers, nursing homes and other healthcare providers
    2. Save time and effort by managing the all bids via single dashboard
  4. Smart Contracts:
    1. Manage smart contracts and rewards
    2. Manage trunk stocks
    3. Visibility and traceability
  5. Reporting & Analytics:  This tool allows you to access several useful reports such as sales, purchases, orders etc. These tools assist the company in understanding the key metrics and help predict sales, product enhancements, promotions etc.

Summary of Benefits:

  • Bid on requirements from hospitals, GPOs, surgery centers, nursing homes and other healthcare providers within the platform
  • Save time and effort to manage bids/RFQs with single platform
  • Ability to quickly update product information, offer promotions, analyze sales (analytics), calculate/define sales taxes, etc.
  • Sales Rep appointments management
  • Optionally, offer/sell products in retail to consumers (products that can be offered for sale directly to patients)
  • End to end visibility and manage trunk stocks via blockchain enabled smart contract transactions ensuring secure shipping without diversion
  • Easy integration with existing systems

Healthcare Provider - Product Demo

Healthcare Providers and IDNs

From sourcing to settling, Synthium Health not only helps optimize provider’ spend, lower costs and reduce the supply risks, but we streamline workload efficiencies when working with multiple suppliers. Current model relies on disparate & untimely communications (voice & fax). Transition to event driven and proactive planning with Synthium.

Here is the high level summary of major features:

  1. Synthium+
  2. Scheduling & Surgery Management (optional)
  3. Item Master Mapping (Optional)
  4. RFQs: Save time and effort via managing the all bids via single dashboard
  5. Smart Contracts: Visibility and traceability
  6. Demand forecasting (in the pipeline)
  7. Guided Navigation: Synthium invested significant resources on medical devices products knowledge and procurement guidelines
  8. Reporting & Machine Learning

Summary of benefits:

  1. Handle medical product shortages and lower prices by interacting with global group of suppliers
  2. Effortless product procurement requirements with prompting to include all requires documentation
  3. Smart Contract Management Platform (SCMP): Visibility from the Manufacturer through the GPO, Distributor, 3PL and all the way to the Point of Care leveraging Block chain technology. Optionally, commissions and rewards can be calculated or disbursed automatically
  4. Save time and effort to manage bids/RFQs with single platform.
  5. Ability to quickly update product information, offer promotions, analyze sales (analytics), calculate/define sales taxes, etc.
  6. Sales Rep appointments management.
  7. Optionally manage surgical cases, medical sales rep appointments, PPIs, etc.
  8. Medical product knowledge and research.
  9. Manage Item Master with AI (Artificial Intelligence) based smart mapping.
  10. No/Low upfront cost to use the platform (which is cloud based)
  11. Specifically designed for different healthcare roles/personnel such as Clinicians, Procurement Staff, etc.
  12. Easy integration with existing systems.

Are you a healthcare user not belonging to provider or supplier category?

What are you waiting for?

We built customized features/functionality for GPOs (Group Purchasing Organizations), IDNs (Integrated Delivery Networks) and more. Learn how Synthium can benefit you, schedule a meeting with us or contact us.