Source IQ - Autonomous Healthcare Supply Chain Agent | hc1 IQ

Meet Source IQ™. Your autonomous
healthcare supply chain agent.

Source IQ™ continuously finds savings across healthcare supply chains

Not quarterly. Not manually.

Source IQ™ is the autonomous supply chain agent built specifically for healthcare — benchmarking your pricing, contracts, and utilization against a national dataset to surface real, defensible savings.

app.sourceiq.com/dashboard
SIQ
Source IQ™ Dashboard
Real-time supply chain intelligence
Live
Active Opportunities
12
Est. Annual Impact
$853K
High Priority
7
Realized Savings
$432K
High Priority
Benchmark Variance Detected
Chemistry reagents pricing 14% above peer benchmark
$147K
Confidence: 92%
Facility Price Variance
Medical supplies 9% above
Medium
Contract Renewal Alert
3 contracts expiring in 30 days
Info
Savings Realized
+$48K this week
AI Analysis
3 new insights

Healthcare supply chains weren't designed for constant optimization

Rising costs Fragmented data Limited expertise Manual processes

Rigid GPO contracts, fragmented data, and limited lab-specific expertise have made savings reactive and manual — dependent on consultants, spreadsheets, and point-in-time analysis.

Source IQ™ changes that.

Source IQ™ transforms healthcare supply chain management into a continuously learning system that:

Watches spend and utilization 24/7
Benchmarks pricing nationally, not locally
Flags waste and variance early
Delivers savings without adding headcount
Data Inputs
PO's
Vendor Contracts
HL7 Feed
ERP Spend
Source IQ™ Analyzes
Continuous Intelligence
Actions
Calling for bids
Contract redlines
Negotiation emails
Auto-execution
Cost Savings
Measurable Results
Data Inputs
PO's Vendor Contracts HL7 Feed ERP Spend
Source IQ™ Analyzes
Continuous Intelligence
Actions
Calling for bids Contract redlines Negotiation emails Auto-execution
Cost Savings
Measurable Results

Too much data.
Not enough time.

We got you.

Turn on Source IQ™, and let the best cost savings opportunities come to you.

Web
Teams
Email
See Source IQ™ in Action

What Source IQ™ Does

Continuously benchmarks your supply chain

Source IQ™ normalizes AP, PO, invoice, contract, and utilization data — then benchmarks pricing against a national healthcare dataset to detect variance, drift, and overspend.

Finds defensible savings opportunities

Every opportunity Source IQ™ surfaces includes: estimated savings impact, peer benchmark context, confidence score, and clear explanation of why it matters. No black boxes. No guesswork.

Moves from insight to action

Source IQ™ does not stop at analytics. It supports contract risk detection, renewal and renegotiation preparation, scenario modeling for vendor switches or SKU consolidation, and ongoing savings surveillance. This creates a closed loop between insight and execution.

Example Insight

See how Source IQ™ delivers actionable intelligence

High Priority Source IQ™ Insight

$1.24M in addressable lab supply savings identified

Category
Chemistry reagents
Benchmark
18% above peer median
Vendors impacted
3
Confidence
High (92%)
Recommended action
Initiate renegotiation before contract renewal window

Source IQ™ tracks realized savings as actions are taken — not just theoretical opportunity.

Access Source IQ™ Anywhere

Source IQ™ meets you where you work — web, Teams, or email

Web Dashboard

Real-time monitoring and action planning

Full transparency when deeper analysis is needed — contracts, benchmarks, history, and rationale in one place. Track active opportunities, estimated impact, and realized savings at a glance.

Source IQ™ Dashboard
12
Opportunities
$853K
Impact
$432K
Realized
High Priority
Benchmark Variance
Chemistry reagents 14% above peer
$147K

Microsoft Teams

Insights delivered directly in your workflow

Source IQ™ posts insights directly into existing supply chain or finance channels — keeping teams aligned without new tools. Get instant notifications and collaborate on actions without context switching.

SIQ
Source IQ™ - Autonomous Agent
BOT
New high-priority opportunity:
$147K savings opportunity
Chemistry reagents 14% above peer median
Y
Let's prioritize this for next week!

Email Digest

Executive summaries delivered to your inbox

Executive-ready summaries for CFOs and VPs — concise, contextual, and easy to forward. Receive comprehensive weekly or daily digests with all active opportunities, their status, and potential impact.

Source IQ™ Weekly Digest
$853K
Total
12
Active
7
High
8
New
Lab Supply Savings
14% above benchmark
$147K
Facility Variance
9% variance detected
$89K

AI-Powered Actions

From insight to execution in one click

Source IQ™ doesn't stop at analytics. Generate negotiation briefs, contract redlines, and vendor comparison reports automatically. AI creates detailed documents with talking points and target pricing.

AI Action Center
Opportunity
Chemistry Reagents - Abbott Diagnostics
$147K potential savings
Generate Negotiation Brief
AI-powered talking points
Draft Vendor Email
Ready-to-send outreach

Built for Healthcare Trust

Source IQ™ is designed for healthcare operational realities

Vendor-agnostic insights
Role-based access for supply chain, finance, and operations
Audit-ready explanations
Transparent data sourcing
Enterprise-grade security
Designed to complement human expertise

Source IQ™ shows its work so teams can act with confidence

Let Source IQ™ help your category managers 10X their output

By handling the manual work and freeing them to be more strategic.

Executive-level savings visibility across all categories
Track vendor consolidation and efficiency gains
Automated quarterly reporting and trend analysis
SIQ

Executive Summary

Over the past three years, the procurement team has achieved $1.64M in verified cumulative savings while maintaining quality standards and operational excellence.

Total 3-Year Savings
$1.64M
Cost Reduction
12.9%
Vendor Consolidation
87 → 42
2024 Savings YTD
$532K
↗ 12.9% vs 2022
Total Actions (3 Yrs)
37
10 completed in 2024
Avg Quarterly Savings
$137K
Per quarter average
Vendor Efficiency
42
-45 suppliers
3-Year Quarterly Savings Trend
Q1 '22 Q2 '23 Q4 '24

See what Source IQ™ finds in your healthcare supply chain

Most organizations uncover meaningful, measurable savings within weeks — without changing how their teams work.

Request a Demo
Uncover savings opportunities
No implementation required
Results within weeks