Medpool
Redwood City
About Medpool
Medpool is a healthcare company that is using the Internet to provide a unique pooling and interactive contract negotiation tool between buyers and sellers of medical equipment, supplies, and services. As a market maker, it has filed several patents on its business model. Buyers' purchasing power is pooled together on a virtual trading floor to collectively purchase medical equipment, supplies, and services for the best value. Selected sellers have the ability to capture large volumes of new business, retain at-risk business, and reduce operating costs. Medpool automates this process. The Medpool contracting marketplace benefits both sellers and buyers by allowing sellers to differentiate their products and receive committed business while buyers benefit from the volume pricing and streamlined purchasing process.
Company Facts
- Operating status: Closed
- Company type: For Profit
- IPO status: Private
- Total funding: $22.0M
- Funding stage: M&A
- Last round: Series Unknown (Sep 2000)
- Website: medpool.com
- Phone: +1 650-232-5000
Industries & Categories
Health Care, Internet, Medical
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