Everything4MDs.com (www.E4MDs.com), the nation's largest privately held B2B e-commerce company for physician practices, IPAs, radiology centers and other healthcare provider delivery systems, marks its first business anniversary with a strong financial performance record, high customer satisfaction scores and continued growth of its client base.
"When we opened our Internet site to medical professionals throughout the country, we experienced immediate industry-wide acceptance of our services," says Robert W. Hess, Ph.D., Director of Operations for E4MDs, which enjoys a 45,000+ customer base. "It is gratifying to see our business operations expand beyond physician offices and into the managed care marketplace, as E4MDs is further established as the industry leader for online ordering of medical and office supplies."
Dr. Hess cites the 224% sales growth in the second half of Y2K saying, "This is remarkable, especially when compared to Neoforma.com and other more public companies that continue to report significant losses."
E4MDs runs counter to skeptics who criticize the online healthcare purchasing industry for performing at a fast and furious business pace when it comes to making announcements but rolling out products more like molasses. "Our model documents the projected and ongoing success of a new health exchange business model that can move quickly with its announcements and deliver products at an equally rapid pace," adds Dr. Hess. "E4MDs will continue to aggregate the demand from its client base and leverage this buying power with manufacturers and distributors to deliver the lowest prices in the industry."
An additional factor that drives success is the capability for managing office inventory. "While other sites are simply shopping malls with multiple vendor catalogues, E4MDs is a complete solution that not only cuts expenses but also helps practices to anticipate product need and manage the entire supply chain," says Dr. Hess.
He says that high customer satisfaction prevails. "Our e-commerce site is user friendly, offering robust functionality for analyzing expenditures and trending expenses. Service and support are available 24/7."
About E4MDs
Based in Marina del Rey, CA, Everything4MDs (E4MDs) is a privately held B2B e-Commerce company for physician practices, radiology centers and other healthcare provider delivery systems including managed care organizations. Through its Web site, www.everything4MDs.com, more than 40,000 providers currently have access to a wide range of products and services at deeply discounted rates. E4MDs maintains vendor relationships with the nation’s leading pharmaceutical and medical device manufacturers and other suppliers of products and services for physician offices.
