H-SOURCE
H-Source operates a member-based cloud SaaS marketplace that lets hospitals and medical entities privately buy, sell, and transfer capital equipment, medical devices, and pharmaceuticals, with blockchain-based chain-of-custody tracking and a global PPE e-commerce marketplace.
- Company typePublic
- Founded2014
- HeadquartersVancouver, Canada
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What H-SOURCE does
H-Source, Inc. is a publicly traded healthcare technology company (TSXV and OTCQB: HSCHF) headquartered in Vancouver, British Columbia, with additional offices in Spokane, Seattle, and Westminster. Founded in 2014, the company operates a member-based cloud SaaS marketplace that enables hospitals and medical entities to privately buy, sell, and transfer capital equipment, medical devices, and pharmaceuticals across multiple units of measure. The platform is web-based and requires no software or hardware installation, supporting frictionless onboarding for member facilities.
The company's technical foundation is built around a marketplace platform supplemented by supply chain modules including ERP system integration, advanced data reporting, asset management, warehouse management, and pricing strategy analysis. A differentiator is the 'Product to Patient' blockchain tracking capability, which provides a chain-of-custody record for drugs and devices based on GS1-FDA DSCSA and UDI/GTIN requirements and is protected by U.S. Patent 10,096,049 B2 and Japan Patent 6027963. The platform also offers a PPE e-commerce marketplace that connects verified global buyers and sellers, serving governments, healthcare facilities, education, and industrial buyers.
H-Source generates revenue through SaaS platform subscriptions for member hospitals, transaction or commission-based fees from the PPE marketplace, and enterprise solutions and consulting including accounting, data warehousing, inventory management, and system integrations. Pricing is not publicly disclosed; the company offers free demos and free trials, with enterprise contracts negotiated on a consultation basis. The company is led by CEO John Kupice, founder and President Murray Walden, and CFO Nicole Altenburg, with a board that includes the President Emeritus of the American Hospital Association.
H-SOURCE firmographics
Firmographics- Name
- H-SOURCE
- Legal name
- H-SOURCE, INC.
- Website
- https://h-source.com
- Company type
- Public
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- H-Source operates a member-based cloud SaaS marketplace that lets hospitals and medical entities privately buy, sell, and transfer capital equipment, medical devices, and pharmaceuticals, with blockchain-based chain-of-custody tracking and a global PPE e-commerce marketplace.
- Ownership category
- akta.pro rank
H-SOURCE industry classification
Industry- Product category
- Healthcare Supply Chain Software
- NAICS
- Software Publishers (5132)
- SIC
- Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122)
- akta.pro primary industry
- HIE Platforms & Network Services (Community/Regional/National) (HLACABAB)
- akta.pro secondary industry
- Payer-Provider Data Exchange (X12, prior auth, claims/clinical attachment) (HLACABAK)
Keywords
Where H-SOURCE is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices4 records
Markets served
H-SOURCE business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- SaaS Platform Subscription: Cloud-based SaaS platform providing marketplace services to member hospitals and medical entities. Revenue generated through platform access and transaction capabilities for buying, selling, and transferring medical supplies and equipment.
- PPE Product Marketplace: Facilitates PPE product transactions between verified global buyers and sellers, potentially generating transaction or commission-based revenue.
- Enterprise Solutions and Consulting: Complete end-to-end solutions including accounting, blockchain, data analysis, data warehousing, inventory management, system integrations, and customized websites for B2B and B2C customers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free Demo and Trial available |
| Subscription | Annual | Contact-based enterprise pricing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
H-SOURCE product offering
Product offeringCore offering
H-Source operates a cloud-based SaaS member marketplace that enables hospitals and medical entities to privately buy, sell, and transfer capital equipment, medical devices, and pharmaceuticals. The platform integrates blockchain-based product-to-patient tracking aligned with GS1-FDA DSCSA and UDI/GTIN standards, ERP system connections, warehouse management, and a separate PPE e-commerce channel connecting verified global buyers and sellers.
Product overview
H-Source offers a unified cloud-based SaaS platform consisting of the H-Source Marketplace as the core product, supplemented by add-on modules including Supply Chain Solutions (ERP integration, data reporting, asset management, WMS), Product to Patient Blockchain Technology (GS1-FDA DSCSA compliant tracking), and PPE Solutions (global PPE e-commerce). The platform enables hospitals and medical entities to buy, sell, and transfer medical supplies including capital equipment, medical devices, and pharmaceuticals.
Differentiator
Problem solved
Functional benefit
Products and services
- H-Source Marketplace
Quantifiable outcome
- Reduction of billions of dollars of wasted medical products in the US and globally
- +2 more outcomes
Companies that use H-SOURCE
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles2 records
H-SOURCE technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature7 records
H-SOURCE partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- AIM-XminorAIM-X hosted the World Peace Day event in Berlin where H-Source presented. This partnership provided H-Source with an international platform to showcase their healthcare technology solutions and build visibility among global audiences.
Scale indicators3 records
Recent moves7 records
Expansion highlights4 records
H-SOURCE competitors and assessment
Company assessmentBroad incumbents
- Cardinal Health: Large-scale pharmaceutical and medical product distributor serving hospitals and pharmacies globally; relevant incumbent peer for medical supply exchange and traceability.
- Vizient: Hospital-focused GPO and analytics provider; offers supply chain optimization and contracting services that overlap with H-Source's supply-chain and asset-management modules.
- McKesson: Major pharmaceutical and medical-surgical distributor with digital ordering platforms; a broad incumbent competing on healthcare supply chain and product verification.
- Owens & Minor: Medical-surgical product distributor and supply-chain services provider to hospitals; competes for hospital supply chain wallet and logistics visibility.
- Henry Schein: Distributor of medical, dental, and animal health products with e-commerce and supply-chain solutions; comparable as a tech-enabled medical supply marketplace operator.
- Medline Industries: Large private manufacturer and distributor of medical supplies with strong hospital channel presence; a broad incumbent peer for medical product sourcing and supply chain.
- Premier Inc. Large healthcare GPO and supply chain services company that aggregates hospital purchasing and offers performance/analytics tools; competes for the same hospital supply-chain wallet.
Emerging players
- Apria Healthcare: Provider of home medical equipment and supplies with e-commerce ordering for healthcare buyers; relevant adjacent peer in healthcare medical-supply distribution and asset transfer.
- iRemedy Healthcare: Healthcare e-commerce marketplace connecting verified buyers and sellers of medical supplies and PPE; comparable as a smaller, marketplace-first player with similar buyer/seller verification model.
Direct peers
- Global Healthcare Exchange (GHX): Operates a B2B healthcare exchange and marketplace connecting hospitals and suppliers for medical-surgical products; the closest direct comparable to H-Source's hospital-to-hospital marketplace model.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
H-SOURCE financial estimates
Financial estimateRevenue estimate
Valuation estimate
H-SOURCE leadership team
Management profileNumber of profiles
Profiles6 records
H-SOURCE funding detail
Funding detailFunding overview
Funding rounds3 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
H-SOURCE M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about H-SOURCE
What does H-SOURCE do?
H-Source operates a cloud-based SaaS member marketplace that enables hospitals and medical entities to privately buy, sell, and transfer capital equipment, medical devices, and pharmaceuticals. The platform integrates blockchain-based product-to-patient tracking aligned with GS1-FDA DSCSA and UDI/GTIN standards, ERP system connections, warehouse management, and a separate PPE e-commerce channel connecting verified global buyers and sellers.
Is H-SOURCE a public or private company?
H-SOURCE is a public company. It is classified as public and is currently operating.
When was H-SOURCE founded?
H-SOURCE was founded in 2014. It employs 11 to 50 people.
Where is H-SOURCE based?
H-SOURCE is headquartered in Vancouver, Canada, in the North America region.
How does H-SOURCE make money?
Three revenue lines are on record. SaaS Platform Subscription is the primary driver. The others are PPE Product Marketplace and enterprise Solutions and Consulting.
Who are H-SOURCE's main competitors?
Broad incumbents on record are Cardinal Health, Vizient, McKesson, Owens & Minor, Henry Schein, Medline Industries and Premier Inc.. Emerging players are Apria Healthcare and iRemedy Healthcare. Global Healthcare Exchange (GHX) is listed as a direct peer.
Does H-SOURCE have an API?
No public API is recorded for H-SOURCE.
What industry is H-SOURCE in?
H-SOURCE's product category is Healthcare Supply Chain Software. Its primary akta.pro industry code is HLACABAB, HIE Platforms & Network Services (Community/Regional/National), with a secondary code of HLACABAK, Payer-Provider Data Exchange (X12, prior auth, claims/clinical attachment). Its NAICS code is 5132 and its SIC code is 5122.