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Banner Health launches online equipment formulary

Organization to partner with OpenMarkets for extensive equipment database

PHOENIX, Ariz. (July 7, 2023) – In partnership with OpenMarkets, Banner Health will create an Equipment Forumlary to serve as a standardized database to streamline how Banner Supply Chain staff work with suppliers. Projected to go live in Q3 2023, the Equipment Formulary will offer a simple, intuitive experience for users to search product categories organized by service line and provides a more efficient way to work with Banner contracted suppliers.

Benefits of this initiative include:

  • Faster, easier assessment and purchasing of equipment
  • Rich insight on products available 24/7 to Banner Health team members
  • Direct link to the right local sales rep for standardized products
  • Enhanced support from Supply Chain

Suppliers will have multiple options to register and participate in the Banner Health Equipment Forumlary. To register, please email [email protected].

Banner Health is one of the largest, secular nonprofit health care systems in the country. In addition to 30 acute-care hospitals, Banner also operates an academic medicine division, Banner – University Medicine, and Banner MD Anderson Cancer Center, a partnership with one of the world’s leading cancer programs, MD Anderson Cancer Center. Banner’s array of services includes a health insurance division, employed physician groups, outpatient surgery centers, urgent care locations, home care and hospice services, retail pharmacies, stand-alone imaging centers, physical therapy and rehabilitation, behavioral health services, a research division and a nursing registry. To make health care easier, 100% of Banner-employed doctors are available for virtual visits and patients may also reserve spots at Banner Urgent Care locations and can book appointments online with many Banner-employed doctors. Headquartered in Arizona, Banner Health also has locations in California, Colorado, Nebraska, Nevada and Wyoming. For more information, visit

Banner Health Innovation

For further information contact us at: [email protected]