This post is co-written with Vijay Venkatesh, CTO at Bluesight.

If you build software for hospitals, you know that compliance work scales poorly. Hospitals managing 340B Drug Pricing Program compliance face a compounding data problem. Proving that a Group Purchasing Organization (GPO) purchased drug qualifies for an exception requires cross-referencing each purchase against several sources at once. These include Food and Drug Administration (FDA) shortage lists, American Society of Health-System Pharmacists (ASHP) data, days-on-hand inventory, machine learning (ML) based shortage predictions, and backorder signals from hundreds of other hospitals. For a single covered entity, this manual audit process consumes over 4,000 hours annually. Multiply that across a network of over 620 hospitals, and the scale of the problem becomes clear.

Bluesight powers hospital and pharmacy operations with intelligence that simplifies inventory management, procurement, and compliance. As a Thoma Bravo portfolio company, Bluesight offers a product suite of KitCheck, ControlCheck, CostCheck, 340BCheck, ShortageCheck, and PrivacyPro that serves thousands of partners across the United States. Each product solves a distinct piece of the compliance puzzle. But customers kept asking for something that cut across product boundaries. They wanted an AI layer that could reason over data from multiple systems at once and surface actionable insights without requiring analysts to manually stitch reports together.