TractManager, a provider of technology-enabled compliance and contract management services for healthcare organizations, has acquired MD Buyline, a specialist provider of healthcare analytics and supply chain intelligence capabilities for healthcare providers, primarily hospitals.

Terms of the transaction were not disclosed.  

MD Buyline, which has been in operation nearly 30 years, provides clients with an informed, evidence-based decision-making framework for balancing cost with revenue maximization and high-quality outcomes. The company—who says its clients include one half of the nation’s hospitals—maintains its financial activities have resulted in more than $1 billion of identified savings annually for its 3,000 clients.

“In our view, both companies working together serve the preponderance of hospitals, and each creates an effective solution for them,” said Donald A. Deieso, Ph.D., TractManager chairman. “MD Buyline is a spend management company that helps hospitals buying capital goods, like CT scanners and imaging equipment, along with consumable products from latex gloves to syringes, as well as purchased services from waste disposal to nursing.”

TractManager, best known for its MediTract proprietary software, works with more than 6,000 healthcare facilities and more than 130,000 users. Its solutions help improve management visibility of contract obligations, enhance compliance and streamline workflow, along with actionable business intelligence. The company works with 30% to 40% of the nation’s hospitals, according to Deieso.

“We wanted to create a one-stop, end-to-end way of helping our clients with their most important task: reducing costs while maintaining growth and the quality of healthcare they deliver,” said Deieso. “Having MD Buyline with Tract Manager we achieve that goal.”

Together, the two companies are expected to expand into more hospitals and acute care centers. They also are looking to work with other healthcare facilities, notably skilled nursing and large assisted living centers.

“Baby Boomers will put pressure on having good after-care facilities, so the market will expand for home healthcare and assisted living centers—areas that need to buy services and products and do it in an economical way, using our solution,” said Deieso.

Under the acquisition, MD Buyline will continue to operate independently and maintain its leadership, personnel and brand. It also will retain its Dallas, Texas headquarters. TractManager is based in Chattanooga, Tenn.

Deieso, widely known as chairman and CEO of the WIRB-Copernicus Group, the nation’s largest IRB, said TractManager operates as a separate business and has no affiliation with WCG.