Synergy Surgical President: 'We want to give you money, we want to buy your product'

Anthony Iaderosa, founder and president of Synergy Surgical, spoke at the 2024 Fall Hospital Supply Chain Conference about his company's efforts to reduce waste and increase funding through its redistribution program. 

“We’re essentially a liquidator of surgical devices and equipment," Iaderosa said about Synergy Surgical's mission. "Come see us. We want to give you money, we want to buy your product."

The conference connects providers and suppliers in the healthcare industry. There are sponsorship opportunities for organizations to engage with other through networking events and one-on-one meetings. Additionally, sponsored groups can connect with hospital executives, supply chain professionals, and other industry leaders.  

"I was a rep for Medtronic and I happened to be in the operating room and in between cases I would watch the circulating nurse who was prepping for the next case just take her arm and sweep everything that the previous surgeon hadn’t used into a box," he said about the inspiration for starting the company. "That box goes into a room and ostensibly they’re supposed to put that product back on the shelf. Well that never happens; the box goes into a room, the room fills up, and then all of a sudden you have a problem. I thought, wouldn’t it make more sense if someone would just buy it and assume the liability?"

Synergy Surgical purchases excess or expired products from hospitals and distributes them to other medical organizations including medical schools and veterinary programs. The company has grown from primarily reselling suture products to selling over 65,000 different items from 150 brand name manufacturers. 

This year's conference was sponsored by Synergy Surgical, and company founder Anthony Iaderosa spoke during the conference. 

The 2024 Fall Hospital Supply Chain Conference was held at the Westgate Las Vegas Resort & Casino in Las Vegas, Nevada from October 14 through October 16.