Richard Palarea

Richard Palarea, an experienced spend management expert with almost 30 years in the industry, is the Co-Founder and CEO of Kermit, a leading business intelligence application for physician preference items (implantable medical devices), offered by PA & Associates Healthcare. Palarea and his team's focus is to provide top-notch spend management for hospitals and other facilities that rely on medical devices.

With its patent-pending technology, Kermit provides accurate data on physician preference items, reliable benchmarking, and negotiation techniques. The application ensures every stakeholder has access to the required data, and the integrated contract compliance and bill audit engine ensures vendors comply with contract terms and pricing agreements.

Kermit is also cloud-based, allowing it to be deployed quickly and easily, without extensive IT support. It delivers insightful, drill-down analytical dashboards, which makes it easier for executives, supply chain professionals, and surgeons to manage their operations effectively.

Palarea holds a Bachelor's degree in Marketing from San Diego State University. With Kermit's unique approach to spend management, Palarea and his team aim to change the game in the complex category of physician preference items.