FOR IMMEDIATE RELEASE
Broadlane Acquires HELP Equipment Planning
Consulting firm’s capabilities complement Broadlane’s Capital Equipment Solutions
Dallas - April 30, 2010 - Broadlane,the leading end-to-end cost-management partner for healthcare providers, has acquired Health Equipment Logistics and Planning Inc. (dba HELP Equipment Planning), a 27-year-old consulting firm whose global project expertise will further expand Broadlane’s ability to address clients’ total equipment needs.
HELP’s capabilities and services encompass virtually every aspect of medical equipment project management, including inventory, evaluation, appraisal, budget specification, development and coordination, procurement, expediting, installation oversight, training and accounts payable.
The acquisition further strengthens Broadlane’s Capital Equipment Solutions group, whose services include capital budgeting, quote review, purchase events, asset management and equipment planning; all of Broadlane’s capital equipment products are supported by a suite of custom services.
"Like Broadlane, HELP Equipment Planning drives value for clients because of its deep domain expertise,” said Jocelyn Bradshaw, vice president, Capital Equipment Solutions at Broadlane. “This acquisition further strengthens Broadlane’s ability to deliver equipment planning solutions to projects of any size, from physicians’ offices and ambulatory surgery centers to complete hospital retrofits and new construction.”
Since being founded in 1983, HELP Equipment Planning has completed projects globally, including in Belgium, Canada, Costa Rica, Japan, Mexico, Puerto Rico, the U.K., and the U.S. The relationship with Broadlane took off six years ago.
“We have built a strong and productive relationship with Broadlane since 2004,” said Larry Hampton, CEO of HELP Equipment Planning. “As a combined company we will help clients gain maximum financial and clinical value from their capital equipment investments.”
Financial terms of the transaction were not disclosed. Broadlane expects to retain HELP Equipment Planning employees in the firm’s Plano, Texas, headquarters as well as its office in Clearwater, Fla. For more information about HELP Equipment Planning, visit helpequipmentplanning.com.
About HELP Equipment Planning
Headquartered in Plano, Texas, HELP Equipment Planning provides medical equipment planning, procurement and equipment project management services for healthcare development projects. These services include equipment inventory, appraisal, budgeting, planning, procurement, and relocation/installation coordination. HELP’s projects include acute-care medical/surgical hospitals, specialty hospitals, women’s and children’s hospitals, ambulatory surgery centers, imaging centers and other outpatient care delivery facilities throughout the U.S. and abroad.
About Broadlane
Broadlane is dedicated to making quality healthcare affordable. Through proprietary technology, industry-leading sourcing, and innovative services, Broadlane’s staff of experts offers solutions to healthcare providers that dramatically improve operating margins. Broadlane’s offerings include end-to-end supply chain management, clinical and financial analytics, purchasing portfolio management, workforce management, and a complete suite of consulting services that address Lean process transformation, supply chain best practices, capital equipment lifecycle, and clinical utilization. Broadlane serves more than 1,100 acute care hospitals and 50,000 non-acute care facilities.
The company is headquartered in Dallas with offices in Cincinnati, Detroit, Houston, Nashville, New York City and Oakland. For more information, visit broadlane.com.
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