Finding it difficult to manage hundreds of emails and committee meeting requests related to new product evaluations?

Of course you are if you don't have a new product evaluation workflow solution. We streamline new product reviews and value analysis initiatives through our web-based application – capturing all hospital committee feedback – and support you in improving and accelerating decision-making.

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MedApproved

MedApproved

Developed by healthcare professionals who understand the complexity of the product approval process from both the provider and supplier perspectives, MedApproved is a SaaS-based system that streamlines the decision-making process for hospital committees reviewing new products and value analysis initiatives.

Serving as a central repository for product requests and capturing all stakeholder analyses, feedback, and communications from internal and external sources, MedApproved increases physician engagement, and provides all the necessary tools to facilitate the value analysis workflow. As a result, hospitals can make new product decisions with greater efficiency, transparency and documentation.

Streamlining Healthcare Value Analysis

New Product Introduction

MedApproved is designed to streamline all new product requests through a simple and easy-to-use process – providing staff and committee members with an electronic funnel for new product requests.

Value Analysis Workflow

MedApproved provides a central repository to capture all stakeholder information from both internal and external sources. Improve physician engagement and facilitate the value analysis workflow – resulting in greater efficiency, transparency, and documentation.

Initiatives and RFIs

We can help your sourcing teams securely and efficiently engage an RFI with all your suppliers. Rid yourself of spreadsheets, PDFs, and emails. Streamline RFI processes to inform and expedite decision-making.


Streamline, Control, Standardize

Hospitals

“MedApproved has proven to be the program of choice for our organization. Their team delivers an adaptive, cost effective, fully functional and innovative solution to provide us with a way to manage our program within a single solution.” – Alan Edwards, Vice President, Supply Chain Solutions, Mary Washington Healthcare

STANDARDIZE YOUR PROCESS
  • Receive new requests through our electronic funnel from staff members and/or suppliers.
  • Define and control your review process workflow.
INCREASE TRANSPARENCY
  • Track the progress and details of a request at every stage.
  • Allow or restrict team member visibility.
IMPROVE EFFICIENCY
  • Easily reference and report on all details of an evaluation.
  • Electronically collect data from internal and external sources.
  • Eliminate duplication of effort by having all requests in one central repository.
  • Evaluate products prior to committee meetings
FLEXIBLE SOLUTION
  • Your account is configured to support your current or desired process.
  • Unlimited use of custom eForms (electronic questionnaires), surveys, scorecards, etc.
  • Ability to determine security levels for all participants.
MAKE MORE INFORMED DECISIONS
  • Electronically receive input from physicians, committee members and other stakeholders.
  • Remote participation via electronic questionnaire, surveys, voting and discussions.
FULL ACCOUNTABILITY
  • All responses and documentation are readily accessible on demand.
  • All information is archived indefinitely.
  • Generate custom reports exportable to MS Excel.
REDUCE COSTS
  • Track projected and actual spend for new and replacement items. Send reminders to update the actual spend.
  • Aggregates are calculated to determine the bottom line.
  • More informed decision will lead to significant cost savings.

Suppliers

“MedApproved provides a convenient and effective method of submitting product approvals to Value Analysis Teams. Our field leadership and Technology Consultants find the product submission process through MedApproved easy for us and our customers.” – Jim Laville, National Accounts Manager, Arthrex

INDIVIDUAL ACCOUNT INCLUDES:
  • Electronically submit your product information to hospitals
  • Increased efficiency in the review process resulting in a quicker decision
  • Ensure your information is directed to the appropriate decision makers
  • Greater transparency and communication throughout the process
CORPORATE ACCOUNT INCLUDES:
  • Electronically submit your product information to hospitals
  • Increased efficiency in the review process resulting in a quicker decision
  • Ensure your information is directed to the appropriate decision makers
  • Greater transparency and communication throughout the process
  • A single account where all corporate users and products are managed effortlessly
  • All hospital submission feeds are waived
  • Standardize product information that is conveyed by your sales force, delivering a consistent message every time
  • Allow thousands of hospital members to search for your product profiles and showcase these products to potentially generate new sales leads
  • Have direct access to the current MedApproved hospital list
  • Ability to email product information to non-MedApproved hospitals and track those communications
  • Post general product and company information, accessible by thousands of hospital members
  • Easily view all of your sales force activity within MedApproved

Meet Our Experts

Our highly qualified team of experts is ready to help you.