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OpenMarkets Health

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Chicago, IL
OpenMarkets Health

Simplifying Healthcare Equipment Purchasing We are changing what's possible for buyers and sellers of healthcare equipment.

Founded in 2011, OpenMarkets is a rapidly growing technology company reinventing the healthcare equipment marketplace with an emphasis on data, collaboration, and simplicity. Discover more about our technology and the power of our data at www.openmarketshealth.com.

10/06/2025

Celebrating National Supply Chain Week at OpenMarkets!

At OpenMarkets, we recognize that resilient and efficient supply chains are at the heart of quality healthcare delivery. During National Supply Chain Week, we honor the dedication, innovation, and coordination of supply chain professionals who ensure that critical medical products and services reach patients when and where they’re needed.

This week, we reaffirm our commitment to:
· Transparency & Integrity in sourcing and procurement,
· Collaboration & Partnerships between suppliers and health systems,
· Innovation & Continuous Improvement to deliver greater resilience, cost-efficiency, and responsiveness.

We thank every behind‑the‑scenes logistics coordinator, procurement specialist, and distribution team member who makes exceptional care possible.

Drop a comment to recognize a supply chain pro who’s making a difference. Whether it’s someone streamlining workflows, driving smarter sourcing, or just making life easier for caregivers — we’d love to celebrate them!

09/30/2025

Tired of spending hours typing line items from vendor quotes into your ERP? We thought so.

Introducing QuoteFlow AI in the OpenMarkets platform. Now you can automatically extract every line item from any quote and send it directly to your ERP with a single click.

✅ Save time
✅ Eliminate costly errors
✅ Free your team for more strategic work

It’s sourcing, simplified.

09/17/2025

We are excited to share that Seattle Children's Hospital has extended its partnership with OpenMarkets! This renewed collaboration will enhance operational and financial efficiencies across their health system, reinforcing their ongoing commitment to providing exceptional healthcare services.

08/28/2025

Exciting news: Jefferson Health is now live with an OpenMarkets integration that links their capital budgets in Workday directly to our platform.
This connection keeps both systems in lockstep—eliminating the budget mismatches that often slow down finance, supply chain, and clinical teams.

What this means in practice:
🔷One source of truth for capital data
🔷Reduced bottlenecks
🔷Faster, smoother equipment purchasing

A big step forward for Jefferson—and for the supplier partners who collaborate with them every day.

08/20/2025

We’re proud to share that Norman Regional Health has extended its partnership with OpenMarkets.

Together, we’ll continue advancing smarter capital planning and price optimization—helping Norman Regional boost efficiency, strengthen fiscal stewardship, and deliver greater value across their health system.
We’re excited to build on this momentum and support their continued success through smarter workflows, data‑driven decision‑making, and cross‑departmental alignment.

08/07/2025

We’re proud to announce our integration with Avera Health, which connects their capital budgets in Workday directly to OpenMarkets.
This sync ensures both systems stay aligned — preventing the budget discrepancies that can frustrate finance, supply chain, and clinical teams alike.

The impact:
🔵 Consistent capital data
🔵 Fewer delays
🔵 Faster equipment procurement

A meaningful win for both Avera and the supplier partners working to support them.

08/04/2025

A proud moment—for healthcare teams, supplier partners, and innovation itself.
This week, our CEO Trevor Wood and Founder Dan Michalek rang the Nasdaq Closing Bell, celebrating OpenMarkets’ win of the Chicago Innovation Award for Healthcare Innovation.
But it’s more than a celebration — it underscores how digital efficiencies are transforming how healthcare organizations plan and purchase equipment.
OpenMarkets is helping hospitals and suppliers connect in smarter, more strategic ways:
· We streamline sourcing by centralizing capital planning and driving more consistent, value-based equipment decisions.
· We empower suppliers with influence at the point of planning — where decisions are shaped, not just executed.
· We deliver savings, transparency, and faster decisions across the capital procurement process.
From the heart of Chicago to Times Square — this moment reflects what’s possible when collaboration drives innovation.
Huge thanks to Innovation, , and the entire healthcare community we serve.
Photos from the celebration below.
Let’s keep building.

07/22/2025

Trevor Wood and Dan Michalek are heading to NYC next week to ring the Nasdaq Closing Bell with the Chicago Innovation Awards!
It’s an incredible honor — and a reflection of the impact we’re making for health systems and equipment suppliers nationwide.
Next week, OpenMarkets will hit Times Square — a proud moment, and just one step on the journey ahead. Read more about it here: https://bit.ly/40woEgU

06/23/2025

The OpenMarkets team took over Chicago — and made every moment count.
A strong cross-section of our team came together to strategize, energize, and collaborate — and made time for some well-earned fun, too.
We threw darts. Shared great meals. Did the tourist thing. And capped it all off with a Cubs game at Wrigley. Classic Chicago. Even better company.
These few days were a great reminder: our culture is our edge. And investing in it always pays off.
Swipe through for a glimpse of the good times.

05/26/2025

This Memorial Day, we honor the brave men and women who made the ultimate sacrifice in service to our nation. Their courage and dedication remind us of the freedoms we cherish every day.

In observance of the holiday, our offices will be closed on Monday, May 26, and will reopen on Tuesday, May 27.

From all of us at OpenMarkets, we wish you a safe and meaningful Memorial Day.

05/15/2025

Behind every life-saving moment is a team of dedicated healthcare heroes — and the tools that empower them. This Hospital Week, we celebrate the clinicians, staff, and systems that keep hospitals running strong. Thank you for trusting us to be part of your mission. 💙 🏥

05/12/2025

While nurses are best known for the incredible care they provide to keep us and our loved ones healthy, their responsibilities often go far beyond the bedside. From managing equipment needs to navigating procurement processes, nurses wear many hats — and they wear them all with dedication and grace.
At OpenMarkets, we believe nurses should spend more time doing what they love: caring for patients. That’s why we’re committed to simplifying the procurement process — making it more accurate, efficient, and intuitive — so nurses can focus on healing, not handling paperwork.
To every nurse making a difference: Thank you. 💙

Address

180 N Wacker Drive, Suite 1
Chicago, IL
60606

Opening Hours

Monday	8am - 5pm
Tuesday	8am - 5pm
Wednesday	8am - 5pm
Thursday	8am - 5pm
Friday	8am - 5pm

Website

http://www.openmarketshealth.com/

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