Richard Palarea is the CEO of Kermit, a Baltimore-based healthcare cost reduction and spend management company bringing automation and insight into the high-spend category of implantable medical devices within hospitals and health systems. Since its founding in 2011, Kermit has saved hospitals more than $200 million and manages 40% of the implantable device spend transacting in Maryland. Kermit has been recognized in multiple years as an Inc. 5000 company and by the Baltimore Business Journal as a Fast 50 company and a Top Software Company ranked by local revenue, as well as SmartCEO’s Future 50. Kermit is the recipient of industry awards, including the Federation of American Hospitals’ Heartbeat of Healthcare for its work as an innovative partner helping hospitals manage costs during a global pandemic.
Power Supply Implant Spend Management Expert™
- Regardless of how careful supply chain professionals are in sourcing implants, the use of items that were never presented by the vendor during the RFP process is..."
- - RICHARD PALAREA
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Do you have questions about implant spending?
You can reach Richard at: [email protected]
Learn more about Kermit by visiting their website.