Conductiv introduces new Diversity Initiative to help health systems increase spending with minority-owned suppliers

August 12, 2020 – Conductiv (Walnut Creek, CA) announced an initiative to help healthcare providers better identify and increase their spend with local and minority-owned suppliers.

Conductiv says that this new enhancement offers diverse suppliers an effective and proven way to grow their businesses, while enabling providers to encourage and promote diversity with their third-party service providers.

Conductiv will anchor the initiative by adding diversity analytics to its integrated third-party services optimization suite—allowing for immediate visibility of Tier 1 and Tier 2 local and minority-owned supplier spending and new suppliers. Customers will have the ability to precisely measure their diverse supplier spending and efficiently evaluate and activate new contracts with carefully vetted local, minority-owned suppliers from a single platform.

Conductiv will also add local and regional GPO contracts with vetted diverse suppliers and illuminate diverse supplier GPO contracting opportunities based on a healthcare organization’s historic spend. For minority-owned suppliers, working with Conductiv Contracts provides an opportunity to grow their businesses with regional and national healthcare providers. A member advisory committee will guide these collective efforts and investments.

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