| In
January of 2001, Ormed and Microsoft opened the Ormed Medical Exchange
to create an e-business community for healthcare. Ormed is bringing
together our clients, their business partners and our technology
partners in an e-commerce forum to provide a faster, more efficient
and more cost effective method of completing commercial and health
related transactions.
Ormed
Clients Bring Instant Critical Mass:
Close to $1 billion in annual purchases from present Ormed clients
alone, and this number grows with each sale of Ormed purchasing
software. A recent independent survey indicated that 69% of Ormed
clients are interested in participating in the Ormed Medical Exchange.
Advertising
Opportunities:
There are opportunities for banner advertising, customized screens
for unique brand building, and automatic electronic coupons or date
sensitive discounts.
On-line
Group Purchasing Functionality Provides:
-
The
benefit of real time data and more accurate business transactions.
- Higher contract
compliance by integrating contracts with the purchasing system.
- Access to
actual purchasing/usage information (with client consent).
- Increased
accuracy of surveys.
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