New Source
- Company typePrivate
- Founded2003
- HeadquartersAtlanta, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
New Source firmographics
Firmographics- Name
- New Source
- Legal name
- Pandion Optimization Alliance
- Website
- https://yournewsource.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
New Source industry classification
Industry- Product category
- Pharmaceutical Distribution
- SIC
- Wholesale-Medical, Dental & Hospital Equipment & Supplies (5047)
- akta.pro primary industry
- Hospital & Health-System Pharmaceutical Distributors (HLAIAJAD)
- akta.pro secondary industries
- Medication Inventory, Procurement & Supply Chain (Pharmacy) (HLACAKAI), Pharmacy Supply Chain & Secondary Distribution (Repackagers/Redistributors) (CRAOAHAC)
Keywords
Where New Source is headquartered
LocationHeadquarters
- HQ city
- Atlanta
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
New Source business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales
Revenue model
- GPO Membership and Administrative Fees: Pandion operates as a Group Purchasing Organization, generating revenue through membership administration fees and negotiated contract arrangements with suppliers. Members access pre-negotiated contracts and volume discounts at no cost to join, while the organization earns fees through supplier partnerships and contract utilization.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free membership tier with access to all contracts |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
New Source product offering
Product offeringCore offering
New Source is a pharmaceuticals company that distributes medical-surgical supplies to healthcare customers and provides pharmaceuticals inventory management services. The company combines product distribution with ongoing inventory management support, targeting healthcare organizations needing reliable access to medical-surgical and pharmaceutical supplies.
Product overview
Pandion Optimization Alliance is a group purchasing organization (GPO) that operates as a multi-service platform offering cost reduction and procurement solutions. The company provides four core product/service offerings: Group Purchasing Organization (GPO) services that leverage collective buying power across over 4,350 contracts to negotiate discounts with suppliers; the Digital Health Suite providing access to cutting-edge telemedicine and digital health technology; Strategic Services connecting members to third-party experts and optimization tools; and Consulting Services for supply chain optimization. The company also recently acquired Blackmaple Group, expanding their women's health portfolio. All offerings are unified by the company's focus on delivering cost savings (typically 10-30%) to members through aggregated spend and pre-negotiated contracts.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Members save 10-30% on procurement costs through pre-negotiated contracts
- +2 more outcomes
Companies that use New Source
Customer profileNamed customers1 record
Segments13 records
Ideal customer profiles1 record
New Source technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
New Source partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered flagship.
- Premier, Inc.flagshipPandion Optimization Alliance is a certified sponsor of Premier, Inc., one of the largest group purchasing organizations in the country. This partnership provides Pandion members access to Premier's $82 Billion in buying power and extends distribution reach within Premier's healthcare member network. The relationship positions Pandion as a key player in the healthcare GPO ecosystem.
- Blackmaple GroupflagshipPandion acquired Blackmaple Group to become the nation's leading women's healthcare GPO. This acquisition significantly expands Pandion's capabilities and member base in the women's health vertical, consolidating two specialized healthcare purchasing organizations into one dominant player in the space.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
New Source competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
New Source social profiles
Digital presenceNew Source financial estimates
Financial estimateRevenue estimate
Valuation estimate
New Source leadership team
Management profileNumber of profiles
New Source subsidiaries and ownership
Company hierarchySubsidiaries1 record
New Source funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
New 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 New Source
What does New Source do?
New Source is a pharmaceuticals company that distributes medical-surgical supplies to healthcare customers and provides pharmaceuticals inventory management services. The company combines product distribution with ongoing inventory management support, targeting healthcare organizations needing reliable access to medical-surgical and pharmaceutical supplies.
Is New Source a public or private company?
New Source is a private company. It is classified as unknown and is currently operating.
When was New Source founded?
New Source was founded in 2003. It employs 101 to 250 people.
Where is New Source based?
New Source is headquartered in Atlanta, United States, in the North America region.
How does New Source make money?
One revenue line is on record: GPO Membership and Administrative Fees.
Does New Source have an API?
No public API is recorded for New Source.
What industry is New Source in?
New Source's product category is Pharmaceutical Distribution. Its primary akta.pro industry code is HLAIAJAD, Hospital & Health-System Pharmaceutical Distributors, with a secondary code of HLACAKAI, Medication Inventory, Procurement & Supply Chain (Pharmacy). Its SIC code is 5047.