H-Source Holdings Commences Trading on the Canadian Securities Exchange - Video News Alert on InvestmentPitch.com

October 02, 2015 12:09 PM EDT | Source: InvestmentPitch Media

Vancouver, British Columbia--(Newsfile Corp. - October 2, 2015) - H-Source Holdings (CSE: HSI) is one of the latest new listings on the Canadian Securities Exchange, and is trading under the symbol "HSI". H-Source has developed a transaction platform that provides a private, secure and trusted marketplace for member hospitals to buy, sell and transfer excess inventory supplies and capital equipment with each other.

InvestmentPitch.com has produced a "video news alert" which provides a brief overview of the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter "H-Source" in the search box.


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http://www.investmentpitch.com/video/0_8h04ju3d/H-Source-Holdings-CSE-HSI-New-Listing

Member hospitals can conduct secure transactions within Integrated Delivery Networks, Group Purchasing Organizations, or the complete H-Source network. By using the company's built-in filters, member hospitals would have the option of forming custom groups for searches and transactions within the custom group. An example would be to form a group for children's hospitals in the United States, whereby a member hospital could first search the inventory of children's hospitals, prior to searching the whole network of hospitals for products.

The company does not carry any inventory, but does facilitate the shipping and receiving of the goods between Member Hospitals. The transaction dollars flow through H-Source less fees paid by the sellers.

Hospitals are under increasing pressure to reduce costs which means they most improve the efficiency within hospital supply chains. Based on data from 2013, if hospitals are 90% efficient in managing the supply chain, of the total sales of US$440 billion in medical and surgical equipment and devices, US$44 billion of these supplies and equipment were thrown away.

According to latest industry reports, there are approximately 5,700 hospitals and 5,500 surgery centers in the United States, and 1,400 hospitals and 70 surgery centers in Canada. H-Source currently has 26 Member Hospitals signed up as "freemium" members to gain market acceptance, charging only a transaction fee on each completed transaction.

In the future the company expects to charge a recurring monthly membership fee based on the size and volume of the Member Hospitals, along with service fees for installation, training, and support.

The company has 46.9 million shares outstanding. For more information, please visit the company's website, www.h-source.com or email@H-source.com.

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