PTS Diagnostics Announces Bridge Purchasing Solutions Joining The PreVantage⢠Partnership Network9/29/2021
Key Strategic Alliance As Both Companies Work To Close Gaps In Care For Patients With Chronic Disease WHITESTOWN, Ind. (September 30, 2021) – PTS Diagnostics, a U.S.-based manufacturer of point-of-care medical testing devices, announced today that they have signed a strategic alliance agreement with Bridge Purchasing Solutions Inc.
“Bridge has built a very unique digital voucher platform that helps payors and businesses who have employees that need point-of-care testing to provide increased access while closing critical care gaps related to cardiovascular disease and diabetes,” said Steve Riendeau, Chief Commercial Officer of PTS Diagnostics. “As a result of the pandemic, many people have been unable to get important annual biometrics such as cholesterol and A1C testing. The Bridge platform allows electronic vouchers to be sent to an individual’s mobile phone where they can take it to a participating retail pharmacy to get the tests conducted. The platform also allows for seamless redemption of incentives which often accompany this testing. The PreVantage Partnership Network is focused on bringing companies together with a common mission of closing gaps in care for patients with chronic diseases and this is another opportunity for us to do so. PTS feels strongly that this strategic alliance is a great fit for our customers.” PTS is a global leader in the production and distribution of point-of-care solutions. “It’s a privilege to be part of the PreVantage Network.” said Ken Erickson, CEO of Bridge Purchasing Solutions. “Our next generation B2B2E (Business to Business to Employee) fintech platform makes it possible to issue digital payment cards directly to an employee which can only be redeemed at the specified retail pharmacy partner. The frictionless payments, compliance reporting along with increased adherence are also keys to our future success. When combined with the world class products from PTS we are convinced our clients will embrace the solution.” About PTS Diagnostics PTS Diagnostics provides innovative, superior quality, point-of-care solutions. Healthcare professionals have used our CardioChek products to assess cardiovascular disease risks for millions of patients worldwide through lipid panel screening. Our A1CNow® systems, which provide fast and reliable HbA1c testing, have helped physicians deliver more effective treatments to patients with diabetes. For more information, visit ptsdiagnostics.com. About Bridge Purchasing Solutions Bridge, an innovative FinTech company, is on a mission to remove the barriers that hinder compliance with a healthy lifestyle including education, access, and cost. Bridge works with employers, health plans, and other health advocates to educate and drive employees and members to low-cost retail providers. The bridge platform can be used to drive compliance with health activities such as immunizations and biometric screenings, encourage healthy food choices, track ongoing management of at-risk members and deliver reward incentives in near real time. To find out how Bridge can help you and your organization achieve your healthcare goals vision bridgepurchasingsolutions.com or email info@Bridgemart.com. Since Launching Platform in 2017, Bridge Has Issued over $25M Value on Proprietary Digital Payment Card Platform
Grapevine, Texas (June 23, 2021) – Bridge Purchasing Solutions, an innovative FiinTech company, announced today that they have reached a key financial milestone after launching their one-of-a-kind directed-spend digital payment technology platform, Bridgemart, in January of 2017. “Since we launched, we’ve experienced continued growth in the reach and utilization of our platform, and this is a great milestone” said Ken Erickson, CEO of Bridge Purchasing Solutions, “Our platform and our team have scaled beautifully to meet our clients’ needs since day one.” Bridge’s technology is used by employers to send digital payment cards to their employees that can be redeemed at Walmart Vision Centers nationwide. “One of the keys to our success is that our clients find it’s the best solution available for sending employees to make their safety vision purchases and tracking utilization,” explained Erickson. “This revenue achievement is a great milestone for us, and it’s only in our initial vertical: safety vision. Soon we’ll be expanding into other product and service categories, such as immunizations, clinical services, wellness, pharmacy, and more.” The platform is offered to all U.S. employers and is supported at Walmart Vision Centers nationwide. BridgePay Is the World’s First and Only Transactions as a Service™ (Taas) Platform
Grapevine, Texas (June 23, 2021) – Bridge Purchasing Solutions, an innovative FinTech company, announced today the launch of their latest technology platform, dubbed “BridgePay.” “Five years ago we launched our first tech platform to solve digital payments for safety glasses at Walmart. It was a huge success, and we immediately saw the potential to expand to any product or service at any retailer or network nationwide,” said Ken Erickson, CEO of Bridge Purchasing Solutions, “We went to work building our next-generation platform, and today we’re pleased to announce BridgePay, the culmination of that effort.” “BridgePay represents a brand new way for businesses and health plans to manage effective compliance and incentive programs using transactions,” explained Erickson. “It’s a paradigm shift for compliance programs, because not only are employees and members engaged, they now have a seamless way to actually transact. That represents a big value to those populations, which is why compliance is so effective.” The company says the platform can be used for programs such as immunizations, wellness incentives, safety gear, job-related materials & supplies, and diagnostic services and lot more,” Erickson stated. “Basically, any kind of directed-spend program our clients need involving transactions, we can build it for them. Clients can use our national network of over 30,000 leading retailer locations or we can integrate custom networks as well.” The company describes the new platform as B2B2E – that’s Business to Business to Employee. “Brands and retailers can also leverage the platform to drive new revenue and cultivate loyalty among new and existing customer relationships,” Erickson added. “It’s a new way to lock in sales for any brand or retailer.” The company piloted the platform starting in early 2020 with a “back-to-work Covid testing program” for a prominent national health services company. “Our partner needed a unique solution to manage complex and dynamic employee populations, and BridgePay was the only platform flexible enough to their custom requirements,” said Erickson. “The flexibility to customize for our clients’ unique needs is one of the strengths of the platform.” The company is inviting businesses and health plans to contact them about designing custom engagement programs using transactions. Grapevine, Texas (June 3, 2020) – Bridgemart, a subsidiary of Bridge Purchasing Solutions and a leading employer safety vision company, announced today that Mike “Red” Solosko, currently President of Bridgemart Vision, will assume the role of Chief Operating Officer for Bridge Purchasing Solutions in addition to his current responsibilities.
“Solosko joined Bridge in March and has already made a tremendous impact and contribution to the organization.” said Ken Erickson, CEO, Bridge Purchasing Solutions. “Red has impressed me with his insight, breadth of knowledge and approach to problem solving. He has reset our strategy in Vision, that business is secure and growing. Now I look forward to working closer with Red on our healthcare and platform strategies as well.” “These last several months have been amazing. I am so impressed with the team here at Bridge. They have a passion for solving real problems and serving our customers better than anyone else in the market. Additionally, the power of the platform to disrupt healthcare payments is even more obvious to me now. I am looking forward to working closely with Ken and the rest of the leadership team in realizing its full potential.” Solosko replied. About Bridge Purchasing Solutions Bridge offers an innovative TaaS™ platform – Transactions as a Service™ — that lets businesses both large and small drive highly customizable financial transactions to link consumers, employers, retailers, healthcare providers and plan members. For more information, visit gobridgepay.com or email info@Bridgemart.com. Grapevine, Texas (March 1, 2020) – Bridgemart, a subsidiary of Bridge Purchasing Solutions and a leading employer safety vision company, announced today that veteran vision insider Mike “Red” Solosko has joined the company as President, Bridgemart Vision. Solosko joins Bridgemart following 15 years at the vision industry giant Essilor Luxottica where he held progressive positions of leadership and responsibility. Most recently Solosko led a $100 million strategic accounts business unit, delivering both revenue growth and cost reduction. At Bridgemart, Solosko will direct all vision-related business activities including finance, operations, platform development, and customer success.
“Solosko brings with him a combination of extensive experience in sales and marketing, P&L management, business development and business strategy. We’re thrilled he has agreed to join the Bridgemart team.” Said Ken Erickson, CEO, Bridge Purchasing Solutions. “We have several strategic initiatives in process and have been looking for a leader with Solosko’s background to help take us where we need to go.” “I was introduced to Bridgemart a couple of years ago and was intrigued by their business model.” Solosko replied. “Today’s healthcare payment ecosystem is complex and overwhelming. The Bridge platform has the potential to address much of that, bringing greater transparency for consumers. I am excited to be part of such an innovative organization. About Bridge Purchasing SolutionsBridge offers an innovative TaaS™ platform – Transactions as a Service™ — that lets businesses both large and small drive highly customizable financial transactions to link consumers, employers, retailers, healthcare providers and plan members. For more information, visit gobridgepay.com or email info@Bridgemart.com. FinTech Platform Expands Reach to Support 2,000 Businesses
Grapevine, Texas (February 1, 2019) – Bridge Purchasing Solutions, an innovative FinTech company, announced today that they have reached a key growth milestone with 2,000 clients. “We’ve reached another important milestone in the growth of our company,” said Ken Erickson, CEO of Bridge Purchasing Solutions, “and it speaks to the popularity and effectiveness of our platform.” The company’s unique technology platform, Bridgemart, lets employers send digital payment cards to their employees that can be redeemed at Walmart just on the vision products and services pre-approved by the employer. “We work with businesses of all sizes. Our platform is flexible enough to support our Fortune 500 clients all the way down to mom & pop businesses,” explained Erickson. “Regardless of the size of our clients, we have a 90% two-year retention rate among clients.” The company reports a 36% year over year growth rate since it launched the Bridgemart platform in January of 2017. “One our clients try Bridgemart, they ditch their obsolete paper vouchers and stick with us as the easiest safety vision solution out there,” Ericson continued. “No one who uses our digital payment platform wants to go back to the old way of managing their safety vision program.” Bridge Has Partnered with Fiserv to Expand Reach of Its Digital Payment Technology to All Major Retailers Nationwide
Grapevine, Texas (March 20, 2018) – Bridge Purchasing Solutions, an innovative FinTech company, announced today that they have entered a strategic alliance agreement with Fiserv. “We saw an opportunity to grow our retail network beyond Walmart to all leading national retailers, and also to broaden our reach from a safety vision focus to all product and service categories,” said Ken Erickson, CEO of Bridge Payment Solutions. “Fiserv is the industry leader in transaction technology, and we’re pleased to partner with them and by extension, Mastercard.” “We’ve had such a phenomenal response to our innovative digital payment technology, and we immediately knew there was huge untapped potential to expand beyond our initial safety vision focus,” explained Erickson. “We’re moving forward at full steam to make our platform available to all retailers and all product categories, and our partnership with Fiserv is an important step.” About Fiserv Fiserv, Inc. is an American multinational Fortune 500 company headquartered in Brookfield, Wisconsin that provides financial technology and financial services. The company's clients include banks, thrifts, credit unions, securities broker dealers, leasing and finance companies, and retailers. About Bridge Purchasing Solutions Bridge offers an innovative TaaS™ platform – Transactions as a Service™ — that lets businesses both large and small drive highly customizable financial transactions to link consumers, employers, retailers, healthcare providers and plan members. For more information, visit gobridgepay.com or email info@Bridgemart.com. Since January of This Year, the Bridge Has Issued over $1M Value on New Digital Payment Card Platform
Grapevine, Texas (December 5, 2017) – Bridge Purchasing Solutions, an innovative FinTech company, announced today that they have reached a key financial milestone after launching a new directed-spend digital payment technology platform in January of this year. “In less than a year, we’ve issued over $1M on our ground-breaking digital payment card technology platform,” said Ken Erickson, CEO of Bridge Purchasing Solutions, “That represents $1M for the purchase of safety vision products and services at our retail partner, Walmart.” The technology is used by employers to send digital payment cards to their employees that can be redeemed at Walmart Vision Centers nationwide. “Unlike conventional credit or debit cards, Bridgemart digital payment cards can be redeemed only for the safety glasses and related exams and services that are pre-approved by the employer,” explained Erickson. “This is an important growth milestone for us, coming in less than a year after our January launch,” Erickson continued, “and we’re extremely enthusiastic about our growth trajectory.” The platform is offered to all U.S. employers and is supported at Walmart Vision Centers nationwide. Nine Months After Launch with Walmart, Company Announces Growth Milestone
Grapevine, Texas (September 14, 2017) – Bridge Purchasing Solutions, an innovative FinTech company, announced today that they have reached a key growth milestone nine months after launching their new digital payment technology solution, Bridgemart. The technology lets employers drive compliance with employee safety glasses programs via a partnership with Walmart. “We expected our technology-driven solution to grow rapidly when we launched in January,” said Ken Erickson, CEO of Bridge Purchasing Solutions, “And we’re thrilled with the rapid growth we’ve seen in such a short period of time.” Using Bridgemart, employers send digital payment cards to their employees that can be redeemed at Walmart just on the vision products and services pre-approved by the employer. “Our technology is able to restrict the purchase to just the products and services the employer has approved. This level of POS control just wasn’t possible before we did it.” Erickson said. “One of the keys to our growth is the insights and tracking we provide to employers. They see who redeemed what payment cards, when, where, and what was spent. Plus, it’s hands down the easiest safety glasses program available.” Bridgemart and Walmart Enable Businesses to Drive Employee Compliance with Safety Glasses Requirements
Grapevine, Texas (January 17, 2017) – Bridge Purchasing Solutions, an innovative FinTech company, announced today that they have launched a new technology platform, Bridgemart, for Walmart that allows businesses to drive employee compliance with their workplace safety glasses programs. “Bridge has built a very unique technology platform that lets employers send digital payment cards to their employees to be used to purchase approved safety glasses only at Walmart,” said Ken Erickson, CEO of Bridge Purchasing Solutions. “It’s easy for employees to get the safety glasses they need for work, and employers have unprecedented insight into utilization data: who purchased what, where, when and the amount spent. They can also see who hasn’t yet purchased their safety glasses which lets them know who to re-engage to drive compliance.” The company describes the new platform as B2B2E – that’s Business to Business to Employee. “We’re excited to have developed a brand new payment technology designed for Walmart to offer a value-added products and services for employers,” Erickson said. The program is available to employers of any size and is available at most Walmart Vision Centers nationwide. |
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