Visionary Values: How Entrepreneurs Drive Industry Change

Rich Palarea joins Hays Waldrop, Garry Skinner and Justin Poulin to give us his perspective on why he has enjoyed his career launching new businesses and what has made healthcare unique relative to other industries.  Tune in for a great story and gain some key insights into what it takes to be successful bringing new solutions forward to solve old problems in new and different ways!

LISTEN: Apple Podcasts | Spotify | Amazon Podcasts | Google Podcasts

Surgical Cost Reduction and Spend Management w/Kermit CEO Richard Palarea

Richard Palarea is the CEO of Kermit, a Baltimore-based healthcare cost reduction and spend management company bringing automation and insight to 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.

LISTEN: Apple Podcasts | Spotify

Meet Kermit. Impartial, evidence-based financial control to PPI spend.

Today our guest is Richard D. Palarea, CEO & Co-founder of Kermit.

Kermit is an analytics platform that delivers insight to the fragmented spend category of physician preference items. Kermit equips supply chain managers, surgeons and executives with real-time data on implantable medical device transactions, offering unprecedented visibility that’s saving hospitals millions of dollars.

LISTEN: Apple Podcasts 

Creating Efficiencies in the Implantable Medical Device Space

One implication of the current pandemic is that many elective surgeries were delayed or postponed amidst global uncertainty.  As the healthcare ecosystem continues to adjust to these uncertainties and evolve, it's important to examine existing and emerging technologies that are helping to create efficiencies within the industry.

Today’s episode focuses on demystifying the implantable medical device journey for healthcare systems and practitioners as well as discussing the future of connected devices in the space.

LISTEN: Apple Podcasts | Spotify | Google Podcasts

Making Things Easy: Increasing Profits, Creating Culture, And Giving Back

Richard Palarea is the CEO of Kermit, a Baltimore-based healthcare cost reduction and spend management company bringing automation and insight to 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.

LISTEN AND WATCH: Apple Podcasts | Spotify | Google Podcasts | YouTube

Transforming the Antiquated Paper-Based Process of Surgical Billing

In this episode, we are joined by Richard Palarea, CEO of Kermit, to talk with us about the advantages and challenges associated with delivering visibility into implantable medical device transactions.

LISTEN: Apple Podcasts | Spotify