Why Synthium?

Synthium Health is a fully functional, blockchain enabled, healthcare specific, eCommerce platform that brings both the healthcare providers and the suppliers into a unified platform to help transact and conduct business with ease and  for mutual benefits – Improving their bottom line.

Although there are many role specific use cases for the platform, below is a quick demo and a list of benefits for the main roles – Providers & Suppliers.

Healthcare Supplier - Product Demo

Healthcare Provider - 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 Providers

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

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. No/Low upfront cost to use the platform (which is cloud based)
  10. Specifically designed for different healthcare roles/personnel such as Clinicians, Procurement Staff, etc.
  11. Easy integration with existing systems.

What are you waiting for?

Learn how Synthium can benefit you, schedule a meeting with us or contact us.

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

Request a demo for my role