Jump Technologies, which provides cloud-based mobile solutions for supply chain management in hospitals and health systems, has entered a strategic partnership with athenahealth, a vendor of electronic health records for physicians and hospitals.

The agreement will enable Jump Technologies to integrate its JumpStock Inventory Management into the athenaOne for Hospitals and Health Systems service, which gives providers access to inventory management and electronic ordering capabilities.

Also See: UPMC, IBM partner to tackle supply chain costs

JumpStock executives say its applications help reduce inventory and labor costs by eliminating problems and mistakes such as stock-outs, overstocking, off-contract spending and other purchasing inefficiencies.

“JumpTech is aggressively pursuing improvements in the way hospitals manage supplies and inventory, in order to achieve cost reductions,” says John Freund, CEO of Jump Technologies. “Partnering with athenahealth will help accelerate measurable savings for the healthcare industry.”

Improving the supply chain is an important piece of giving hospitals the tools they need to succeed as reimbursements shrink, says Ryan Wise, vice president of emerging services at athenahealth. “Supply chain is a critical factor, as it’s the second largest and fastest growing area of expense,” Wise says. “Partnering with Jump Technologies allows us to extend the reach of our network…to include supply chain vendors.”

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