OpenMarkets

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The group buying craze really got its start here in Chicago with , so it’s not surprising to see a new take on the model come from a local upstart. How can you make the most of the Groupon model without being one of the the thousands of copycats? You can focus on collective corporate purchasing. That’s what OpenMarkets is doing. They’re an Evanston, IL based company that has created “a network of healthcare providers joined together to create cost-savings for capital equipment.” It may not be nearly as fun as $20 for $40 of Thai food, but it has the potential to significantly impact the healthcare market.
Open Doors at OpenMarkets
If you read yesterday’s post, you’ll remember that I mentioned how watching news on venture capital investment can help you find jobs before they even exist. Here’s a . Get it now? Investors see potential in a company like OpenMarkets because there is so much attention focused on trying to reduce healthcare costs. OpenMarkets offers a way to do that while making everyone happy (even the equipment manufacturers because they sell more, even if their margins are reduced a bit). The best way to get a deeper understanding of how OpenMarkets is offering savings of between 5 and 24 percent is to read through their . If you dig what they’re doing, continue on to their . Right now there are two internships worth checking out: and . It’s unclear whether the positions are paid or not.
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What do you think of OpenMarkets’ approach? - Full Post