OpenMarkets

OpenMarkets is a private healthcare technology company that provides software and services for capital equipment planning, sourcing, procurement, and lifecycle management in hospitals and health systems. Rather than developing therapeutics, the company operates a digital marketplace and workflow platform that helps providers research, budget for, quote, negotiate, buy, sell, and manage medical equipment. Its core products include Exchange, Formulary, CapConnect, and Optimizer, which are designed to streamline equipment purchasing and improve visibility across clinicians, supply chain teams, and suppliers. OpenMarkets also offers tech-enabled sourcing and market intelligence services to help customers reduce costs and improve procurement efficiency. The company is therefore healthcare-related, but it is not a biotech, pharma, or drug-development company.