Jump Technologies Inc. and the Rural Health Alliance (RHA) Announce Special Pricing Offer on JumpStock™ Inventory Management Solution for Hospitals

Eagan, MN – March 11, 2015 – Jump Technologies®, an innovative software company that provides cloud-based mobile solutions for inventory management in hospitals, today announced JumpStock™ is available to hospital members of the Rural Health Alliance at a special discounted price for a limited time. JumpStock is currently being used by hospitals as the cost-effective solution to their inventory management challenges.

While hospitals have legacy inventory systems and processes in place, they continue to experience stock-outs, overstocking and waste. Additionally, it often takes months and even years to implement high-cost, complicated inventory management modules offered by ERP system vendors. These systems are overly complex and expensive, requiring significant investment in internal IT resources, consulting fees, hardware, software and maintenance.

Today, hospitals can quickly implement JumpStock and begin immediately reducing costs associated with their systems and processes, supplies and labor. The time supply chain team members and nurses spend managing supplies is significantly reduced, as are stock-outs. JumpStock has been also been show to significantly increase nursing satisfaction; in one hospital in Pennsylvania, nursing satisfaction with the inventory management process went from 10 to 92 percent when JumpStock with 2Bin™ was implemented. Additionally, JumpStock increases visibility to supply data and provides accurate of product velocity reporting for better decision-making. (Click here for specific examples of cost reductions.)

“Like all hospitals in the U.S., smaller, rural organizations are focused on building more efficient business processes to reduce costs,” said Erik Malchow, president, RHA. “We’re pleased to help RHA members improve their inventory management processes and reduce associated costs. We believe new, lower cost technology can be a game-changer. The JumpStock inventory management solution provides another way hospitals can harness their supply chain processes to bring down costs.”

“We’re focused on building solutions that save hospitals money by simplifying and improving inventory management,” said John Freund, CEO, Jump Technologies. “We’re delivering cloud-based solutions that are quickly and easily implemented by hospitals. Our primary goal is to reduce costs. To do this, we’re bringing better visibility to inventory; creating ways to easily and automatically record all supply transactions; reducing the time staff members, including clinicians, spend managing supplies; and finally, capturing data to create visibility to the long-term information needed to build understanding of cost, quality and outcomes.”

For specific pricing information, members of the RHA should contact Jump Technologies at 651-287-6000.

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About Jump Technologies, Inc.
JumpTech is the first provider of cloud-based inventory management solutions for hospitals and healthcare organizations that are easy to implement, adopt and manage, using mobile devices such as tablets and smart phones. Eliminating extensive investments in hardware, implementation time and training, solutions from JumpTech are guaranteed to deliver immediate return on investment. Easy-to-use interfaces and accurate, timely reports help drive compliance, reduce training, save hard dollars and reduce labor. For more information, visit www.jumptech.com or call (888) 373-7226. Follow the company on LinkedIn, Twitter @JumpTechNews and on Google+ at google.com/+JumptechInc.