Case Study: Kermit achieves 30% hospital savings on implantable medical devices and a 9‑month, single‑developer launch with Mendix

Kermit PPI Saves Hospitals 30% on Implantable Medical Devices

Kermit was founded by former medical device salespeople to tackle runaway, opaque hospital spending on physician-preferred implants (PPIs) that relied on paper bills and manual audits, leaving hospitals vulnerable to vendor overcharges. The team fast-tracked an industry-first software to enforce evidence-based financial controls for PPI spend—built in nine months by a single developer instead of the expected 12 months and 10-person team—to return purchasing power to hospitals.

Kermit’s cloud-native app gives real-time visibility, in‑procedure audit and contract compliance, and automated price reconciliation, paired with a pay‑for‑performance model. Hospitals using Kermit see average savings of 30% (real-world examples include about $15M per year at a large health system), with the platform preventing vendor contract drift and sustaining those savings over time.

Kermit

Richard Palarea

CEO and Co-Founder