What it does: Provides consulting services to supply-chain management executives through software, professional services and category expertise.
How it grew: BravoSolution's area of expertise, supply-chain management, is a particularly timely one. Modern Healthcare's Survey of Executive Opinions on Supply Chain Issues found that 80% of providers include reducing supply costs as a formal part of the organization's strategic plan.
As reimbursements drop, hospitals are scrambling to lower expenses without lowering the quality of care. To the executive looking to save money by improving the hospital's purchasing efforts, BravoSolution offers “an exceptional solution to maximize their company's competitive advantage,” company spokesman Paul Martyn says.
That solution is improving a company's sourcing cycle through BravoSolution's spending analysis, which transforms raw data into information and usable insights, and strategic sourcing.
Location: Chicago
Top executive: CEO Nader Sabbaghian
Number of employees: 600
Annual revenue (2011): $76 million
Revenue growth (2006-11): 162.1%
Website: bravosolution.com
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