GreenLight Medical

What GreenLight Medical does

GreenLight Medical is a private, for-profit healthcare software company founded in 2014 and headquartered in Nashville, United States. It provides a cloud-based SaaS tool intended to simplify medical-technology purchasing and procurement for hospitals. The company-specific information identifies hospitals as the customer group but does not name customers, quantify adoption, or specify the purchasing functions covered beyond procurement broadly.

The available material does not describe integrations, data architecture, analytics, automation, or product modules beyond cloud delivery and a hospital-focused procurement use case. It provides no pricing tiers, contract terms, customer count, revenue structure, or financial results, so the mechanics by which the SaaS offering generates revenue cannot be established. A funding record reports $1,174,242 raised on May 23, 2018, with investors and lead investor unknown, while a May 1, 2017 record lists MedTech Innovator and $0 raised.

Austin Dirks is identified as CEO and founder, and Stephen Saine as CXO and chief technology officer. No acquisitions, product-launch dates, commercial partnerships, geographic expansion, or other strategic actions are documented in the GreenLight-specific material.

Name

GreenLight Medical

Legal name

symplr

Website

https://greenlightmedical.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Healthcare Procurement Software

NAICS

Software Publishers (513210)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Healthcare Data Lakes, Lakehouses & Cloud Warehouses (HLACAIAA)

akta.pro secondary industry

Medical Device Connectivity & Interoperability Middleware (MDI, EHR/HL7/FHIR Integration) (HLACAPAJ)

Keywords

• Medical device procurement
• Hospital procurement software
• Medtech purchasing platform
• Healthcare procurement SaaS
• Capital equipment procurement

Headquarters

HQ city

Nashville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations

Revenue model

1. SaaS Subscription: Cloud-based software-as-a-service platform offering integrated healthcare operations solutions including workforce management, provider data management, compliance, and spend management on a subscription basis

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

GreenLight Medical provides a cloud-based SaaS tool that simplifies medical technology purchasing and procurement for hospitals. The platform helps healthcare facilities evaluate and acquire capital medical equipment by streamlining and standardizing the procurement workflow for medtech purchases.

Product overview

symplr is a comprehensive SaaS healthcare operations platform offering an integrated suite of products organized around provider data management, workforce management, quality & safety, compliance, and spend management. The core platform unifies credentialing (symplr Provider, symplr CVO), provider directories (symplr Directory, symplr Payer), quality analytics (Midas Health Analytics with DataVision, Statit, and Care Management modules), safety (symplr Safety, Quality Review), workforce (symplr Workforce, Smart Square® with predictive scheduling), clinical communications, talent management (recruiting, assessments, performance, learning), access management (symplr Access for vendor credentialing), contract management, compliance, and spend optimization (Value Analysis, Spend Analysis, Evidence Analysis). The platform is trusted by 9 out of 10 U.S. hospitals and 400+ U.S. health plans.

Differentiator

Problem solved

Functional benefit

Brands

• symplr Provider: Provider credentialing and privileging software for healthcare organizations
• symplr CVO
• symplr Directory
• symplr Workforce
• symplr Midas
• symplr Safety
• symplr Access
• symplr Contract
• symplr Compliance
• Smart Square
• symplrPayer
• symplr Evidence Analysis

Products and services

• GreenLight Medical Procurement Platform Cloud-based SaaS tool that simplifies medical technology purchasing and procurement for hospitals, enabling healthcare facilities to evaluate and acquire capital medical equipment through a centralized workflow.

Quantifiable outcome

• Reduces time spent managing workforce tasks by 50%
• +5 more outcomes

Named customers9 records

Segments8 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Phynd TechnologiescoreStrategic or Co-development Partner · 16 February 2021Provider data management SaaS platform acquired by symplr. Phynd's centralized platform manages provider profiles, locations, clinical expertise, availability, and health plan participation. Integrated into symplr's credentialing and privileging data for mission-critical applications.
• DAISY FoundationminorOthersHealthcare-focused charitable foundation partnership supporting nursing excellence and recognition programs.
• Susan G. KomenminorOthersBreast cancer research foundation partnership supporting healthcare community engagement.
• PGA TOUR Golf AmbassadorsminorOthersBrand partnership with PGA TOUR players Sepp Straka and Russell Henley who personify hard work and determination. Aligns symplr brand with excellence in professional golf.

Scale indicators4 records

Expansion highlights1 record

Direct peers

• Prodigo Solutions: Prodigo Solutions provides healthcare supply chain and procurement software for hospitals and health systems. Directly comparable to GreenLight Medical as a SaaS platform focused on hospital purchasing and procurement workflows.
• Global Healthcare Exchange (GHX): GHX is a leading healthcare supply chain network and cloud-based procurement platform for hospitals and suppliers. Directly comparable to GreenLight Medical as both target medical technology purchasing and procurement workflows for hospitals.
• Lumere: Lumere (now part of GHX) provides evidence-based analytics for hospital medical device and supply采购 decisions. Comparable to GreenLight Medical in helping hospitals evaluate and procure medical technology through data-driven insights.
• TractManager: TractManager (acquired by symplr) provides healthcare contract lifecycle management and procurement solutions. Comparable to GreenLight Medical in addressing hospital purchasing and procurement decision-making workflows.
• Curvo Labs: Curvo provides a cloud-based healthcare supply chain and procurement platform for hospitals and medical device companies. Directly comparable to GreenLight Medical as a focused SaaS tool for medical technology purchasing.

Others

• ECRI: ECRI is an independent nonprofit that provides evidence-based research, guidance, and evaluation services for medical technology and procurement decisions. Comparable to GreenLight Medical as an enabler of hospital medical technology purchasing decisions.

Broad incumbents

• Vizient: Vizient is the largest healthcare performance optimization company offering GPO services, procurement analytics, and supply chain solutions. Comparable to GreenLight Medical in targeting hospital medical technology procurement decisions.
• symplr: symplr is a healthcare operations platform serving 9 out of 10 U.S. hospitals with spend management, contract management, and value analysis modules. Comparable to GreenLight Medical via its spend management and procurement-adjacent functionality, though it operates as a broader integrated platform.
• Premier Inc. Premier is a healthcare improvement company and group purchasing organization serving hospitals with procurement, supply chain, and analytics tools. Comparable to GreenLight Medical through its healthcare procurement and supply chain technology offerings to hospitals.

Emerging players

• LogicSource: LogicSource provides procurement and sourcing solutions including healthcare practice with SaaS tooling for indirect and direct spend optimization. Comparable to GreenLight Medical through its healthcare procurement software focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat1 record

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/glightmedical
• YouTubeyoutube.com/@symplr4143
• Facebookfacebook.com/symplr
• LinkedInlinkedin.com/company/greenlight-medical
• Instagraminstagram.com/symplr

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries4 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about GreenLight Medical