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Broadlane

13727 Noel Road #1400
Dallas, Tx 75240
USA
(415)-844-7400
Website Company Summary Management Team
Team

Management: Charles E. Saunders (CEO) Robert Brada (President);  David Ricker (COO) Laurie Jackson (CFO) Paul Garofolo (CTO);  Lee Marston (CIO);  David McAdam (marketing)
Outside board: Alison Davis (Belvedere Capital Partners) Dean Edwards (Kaiser Foundation Health Plan);  Eric Herfindal (National Oncology Alliance);  Sandeep Alva (Falcon Investment Advisors);  Trevor Fetter (Tenet Healthcare CEO);  Martin Gilbert (Southern California Permanente Medical Group);  Alan B. Miller (Universal Health Services);  Barry Schochet (Tenet Healthcare)
Company

Business description: Broadlane is a total cost management company for healthcare. We offer contracting services, clinical services and technology and data management to many of the nation's largest and most complex healthcare systems. With our deep provider roots, we know hospitals inside and out. As a result, our services have been able to help our customers reduce their annual cost of supplies to less than 14 percent of net revenue—compared to the industry average of 25 percent. Our total cost management approach is proven to rapidly and dramatically reduce hospital operational costs while maximizing clinical quality, patient care and physician satisfaction.
Customers include: Broadlane Global Healthcare ExchangeKaiser PermanenteKindred HealthcareTenet HealthcareUniversal Health Services;  Alameda County Medical Center;  Catholic Health Services of Long Island;  CHRISTUS St. Frances Cabrini Hospital;  Continuum Health Partners;  Doctors Community Healthcare;  Eastern Health Systems;  Ernest Health;  Gulf States Health Services;  Hamot Health Foundation;  Jacinto Medical Group;  John C. Lincoln Health Network;  The Health Alliance of Greater Cincinnati;  US Oncology;  Valley Presbyterian Hospital ;  William Beaumont Hospitals;  Wuesthoff Health Systems;  Wyoming County Community Health System
Partners include: HELP International;  Option Care;  PharmEcology;  Synernet
Capital

Rounds: 2
Recent fundings: Jun 2005   Nov 2004
Capital raised: 5.0M
Last Round: 1.5M
Ownership: Private  
VCs include: Falcon Investment Advisors

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Overview
Record updated: Oct 2005
Sector: Medical
Year Founded: 1999
Rounds: 2
Recent fundings: Jun 2005   Nov 2004
Capital raised: 5.0M
Last Round: 1.5M
Ownership: Private