Curvo and BroadJump unite to support hospitals and health systems

Curvo and BroadJump have announced a merger to form a consolidated platform designed to streamline healthcare procurement decisions for hospitals and health systems.

This collaboration in the healthcare supply chain is supported by investor Hughes & Company and aims to address the $600bn non-labour expenditure market.

The merged organisation provides tools aimed at enhancing patient outcomes, improving sourcing efficiency, and reducing costs.

It supports hospitals, health systems, regional purchasing collaboratives (RPCs), and MedTech partners by offering improved insights and collaborative capabilities.

Curvo CEO Andy Perry said: "We believe the healthcare supply chain's opportunity to reduce patient costs and improve quality of care is bigger than ever.

"This shared sense of mission and opportunity drives both the Curvo and BroadJump teams. By uniting our technologies and talent, we aim to create a next-generation platform that brings all non-labour spend into one seamless experience – powered by roughly 40% of the market's data on day one.”

BroadJump president Dan DeTorrice said: "We've always believed in the power of data to drive smarter decisions in healthcare. Joining forces with Curvo allows us to scale that vision and bring even more value to healthcare providers to help them make better, clinically integrated purchasing decisions.”

Perry will remain as the merged company CEO, with DeTorrice taking on the role of president.

The leadership team is dedicated to providing continuity for existing customers while also offering expanded datasets and improved functionality.

Hughes & Company's investment has resulted in Naile Kovuk, Ken Manning and Travis Hughes joining the board of the newly merged company, alongside industry executives Kent Parker and Jeff Wood.

Cooley advised Hughes & Company on the transaction while Piper Sandler and AGC Partners advised Curvo and BroadJump, respectively.

"Curvo and BroadJump unite to support hospitals and health systems" was originally created and published by Hospital Management, a GlobalData owned brand.

The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.