55 years in the making, a pioneer and leader in healthcare supply chain intelligence launches as an independent company to transform healthcare supply chains
Healthcare leaders have to deal with an incomplete picture when it comes to making supply chain decisions. From opaque pricing and hidden service fees to unanticipated disruptions and a lack of product standardization, it all has a negative impact on the bottom line.
For over 50 years, ECRI’s spend management and recall management solutions have developed the largest capital spend and supply datasets in the healthcare industry and combined it with intelligence and expert insights to give health supply chain leaders the complete view they need to optimize their spend and investment decisions. Today, we’re thrilled to announce the launch of Staritas, an independent company formed from ECRI’s spend and recall management solutions, bringing these capabilities to market with a dedicated focus.
True to its mission of independence and objectivity, Staritas helps health organizations and stakeholders around the world make more informed decisions so they can better manage all aspects of their supply chain. With an independent, unbiased view across capital, supply and recalls, decision makers can finally make every choice clear.
A Pioneer – Innovating for the Future
For over five decades, the world’s leading and largest healthcare organizations have relied on our independent data, decision support, objectivity and expertise that are the foundation of Staritas. Now supported by a strategic growth investment from Accel-KKR, a technology-focused investment firm known for scaling software and data-driven businesses, our world-class team of healthcare and supply chain experts, led by a team of seasoned executives, will build on this foundation to deliver next-generation supply chain and market intelligence solutions that empower organizations to make smarter, faster, more resilient decisions.
Staritas Chief Executive Officer Emmet O’Gara has a history of driving healthcare transformation: previously as CEO at Sandata Technology and a senior leader at Medeanalytics, Blue Cross Blue Shield of Massachusetts and Cigna Healthcare. Staritas Chief Operating Officer Stuart Morris-Hipkins brings over twenty years of experience in global healthcare – most recently as the Chief Solutions Officer at ECRI responsible for the quality and success of the spend management and recall management businesses – now Staritas.
“In the future, we see a world where healthcare leaders and organizations can move from event-driven decisions to a proactive, continuous strategy, powered by real-time intelligence,” said O’Gara. “And we’re doubling down on investments in next-generation AI to make this future a reality, including predictive models that anticipate disruptions, automation that streamlines workflows, and continuously learning systems that improve outcomes over time.”
“I’m thrilled to embark on the journey from ECRI to Staritas,” said Morris-Hipkins. “We have a talented team with decades of domain expertise, serving amazing customers doing important work all over the world . Now we’re supercharged to do what we do best: provide data, actionable insights and domain expertise that help every supply chain leader and stakeholder make the best informed decision to transform healthcare supply chains with speed and scale.”
A Future of Clarity
Supply chain leaders today grapple with a critical question: With so many different vendors, options and data sources, how can they be sure they aren’t making decisions that won’t cost them later? The answer is Staritas.
In a world where biased and variable data make managing supply chains a challenge, Staritas brings together the data and expertise needed to replace uncertainty with clarity in supply and capital decision-making and recall management. Our long history, domain expertise and solutions are uniquely designed to help healthcare supply chain leaders:
- See all their options – with access to the largest, most comprehensive source of independent healthcare supply and capital datasets
- Seize opportunities – with industry expertise and actionable insights across the decision-making, purchase and ownership lifecycle
- Strengthen organizational outcomes – by aligning the needs of clinical, supply chain, and finance teams to make informed decisions
This approach reflects a simple but powerful idea that has always been core to our mission and at the heart of everything we do: when organizations can see all the options and seize the opportunities to strengthen business outcomes, they can make decisions that are smart, efficient and more sustainable.
A Trusted Provider with a Proven Track Record
By delivering an independent, unbiased view across both capital and supply, we enable organizations to see the full picture, align decisions across clinical, financial, and operational teams and act with confidence. Nearly 90% of the top hospitals and health systems in the U.S. rely on us to make their most important supply chain decisions. And collectively, they’re finding up to $13 billion in savings every year.
“Purchased services and capital equipment are massive areas of spend and opportunity—and they’re complex,” said Ian O’Malley, Executive Director, Strategic Sourcing, University of Chicago Medical Center, which has saved $5.3 million in capital spend to date. “We would waste an incredible amount of money if we didn’t have the right data to support negotiations in these categories. We rely on Staritas (formerly ECRI’s spend management and recall management) to help with this.”
Watch a Star Rise
Today’s announcement represents both continuation and a transformation. Staritas enters the market with a 50-year track record of pioneering work in spend management and recall management, delivering measurable value across health providers, agencies and manufacturers alike. Our solutions help healthcare organizations uncover significant savings in supply and capital spend, make investment decisions, improve negotiating leverage, and reduce the time and complexity associated with sourcing and evaluation.
With Accel-KKR’s backing, we’ll be able to strengthen our technology capabilities and provide more clarity to our clients across the entire supply and capital lifecycle. We will incorporate more resources so to provide a fuller picture of pricing trends, recall alerts, product variation, substitution options, and more. And we will deliver stronger datasets and leverage advanced AI to help our customers drive meaningful outcomes.
A Clear Vision
What sets Staritas apart is not just the breadth of our data, but how that data is transformed into actionable intelligence. At the center of this transformation is our deep and growing investment in artificial intelligence and advanced analytics.
The healthcare supply chain of the future will no longer be driven by reactive, event-driven decisions, but proactive, continuous strategies, powered by AI and real-time intelligence. As an independent company backed by Accel-KKR, Staritas will expand on the development and delivery of AI-powered solutions and insights that empower leaders to manage the growing complexity of supply chains with greater intelligence.
This is the future we’re building at Staritas. Click here to see it today.
