ATLANTA GA. (January 20, 2022) – Panda Health, the marketplace that connects buyers and sellers of digital health technologies, today announced it has entered into a new contract with Captis, a collaborative of 91 health systems, to accelerate digital transformation.
The agreement recognizes the struggles that health care organizations have in navigating the overwhelming demand for digital health solutions. Panda’s platform helps health care organizations to source, procure, and deploy digital health solutions economically, safely, and at speed.
“The Panda team worked with us to design a contract offering for digital health solutions that meets our member’s needs. This offering includes a unique and innovative approach to sourcing and implementing IT-based solutions for healthcare systems of all sizes, along the various stages of their individual technology journey. Panda offers the consultative guidance, product and industry knowledge, and support our health system leaders seek as they navigate the overwhelming options available in today’s marketplace,” said Jess Rinderle, Sr. Director of Innovation and Investment Strategy for Captis.
“We are so excited to be able to offer this opportunity to the members of Captis. Many of our founding partners are also members of Captis and this contract extends the expertise, value and benefits that our founders have achieved to their fellow members,” said David Harvey, CEO of Panda.
Through its marketplace, Panda vets and assesses digital health technologies across dozens of different categories and invites those suppliers that meet their rigorous functional, technical, and service requirements to participate in the marketplace. Health systems utilizing the Panda marketplace shop and procure the technologies that meet their specific needs and Panda assists with the selection, implementation, and ongoing contract management. By offering a catalog of standardized supplier contracts and support services, Panda is able to deliver on its commitment to significantly reduce vendor selection and procurement cycle times, usually by more than half.
About Panda Health
Panda Health is a marketplace that transforms how health systems discover, procure, and implement digital innovations that make life better for consumers. Formed in 2020 as an independent company, Panda was founded through a partnership between three leading health systems, CentraCare, Gundersen Health System, and ThedaCare, with the development and investment firm Fitzroy Health.