Case Study: Boston Scientific Achieves $200M in Free Cash Flow with PrimeRevenue Supply Chain Finance

Boston Scientific unlocks $200M in free cash flow with PrimeRevenue

Boston Scientific, a global leader in medical devices, needed to increase cash flow to fund its aggressive acquisition strategy and improve its market value. The challenge was to optimize working capital in a way that benefited internal teams, suppliers, and investors. They turned to vendor PrimeRevenue to implement a supply chain finance solution.

PrimeRevenue worked with Boston Scientific to achieve organizational alignment and onboard suppliers onto its platform. The solution unlocked over $200 million in free cash flow and onboarded more than 100 suppliers. This significant cash flow gain directly facilitated several acquisitions. As a result of the program's success, Boston Scientific is expanding its partnership with PrimeRevenue to include international suppliers.

Boston Scientific