ECRI Institute launches analytics tool


Non-profit organization ECRI Institute has released a new market analytics tool aimed at busy supply chain professionals. 

The organization said that this tool is one of several innovative decision-support products and enhancements it plans to roll out in 2015. 

“The tool’s interactive, mobile platform puts the power of analytics directly into the hands of busy supply chain professionals with detailed, customizable views of trends in the medical technology marketplace,” said the ECRI Institute. 

The latest enhancement to ECRI Institute’s SELECTplus advisory service will allow hospital supply chain and value analysis teams to drive strategic technology decisions with bigger and better data than in the past, according to the organization.

“Our comprehensive market research application in this new, mobile-friendly platform allows users to track, trend, and compare technologies, manufacturers, and models all on one interactive graph—in a value analysis meeting, in the OR, in a coffee shop, or anywhere,” said Jennifer Myers, ECRI Institute’s vice president of SELECT health technology services. “No one else offers this level of accurate, detailed market research data on medical technologies all in one online platform.”

Jon Reiners, director of materials management, Community Hospital, McCook, NE, said: “The SELECTplus market analytics tool lets us view financial, quality, user satisfaction, and system configuration data across multiple vendors. The price benchmarking gives us the upper hand in vendor negotiations.”

ECRI Institute, Market Analytics Tool, US