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Cardinal Health (NYSE: CAH) was awarded a $57.8 million contract, including options that if exercised by the U.S. Department of Health and Human Services (HHS) could reach $91.6 million, for the...

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Premier Awards Cardinal Health New Contract for Custom Procedure Trays, Packs and Gowns
01/20/2006

McGaw Park, Ill., January 20, 2006 – Cardinal Health, Inc., (NYSE: CAH), the leading provider of products and services supporting the health-care industry, was recently awarded a new three-year national agreement to provide custom procedure trays, packs, gowns and related items to members of Premier, one of the nation’s largest health-care group purchasing organizations. Cardinal Health estimates that Premier members will spend about $965 million over the course of the agreement.

 

 

The three-year multi-source contract will give Premier’s nearly 1,500 hospital members access to the industry’s broadest range of packs and trays with Cardinal Health’s Presource™ products and services. Premier members can also obtain a full range of surgical drapes, gowns and other protective apparel through Cardinal Health’s Convertors® product portfolio.

 

“This is a vote of confidence in us and the products and services we provide to health-care facilities nationwide,” said Thomas Bro, vice president of Health Systems for Cardinal Health. “We are pleased that Premier continues to demonstrate its faith in our long-term relationship by awarding us with this new contract. 

More hospitals across the country use Convertors® products to meet their clinical needs than any other brand. The product portfolio includes drapes and gowns that meet the highest industry standards for barrier protection, along with a full range of nonsterile apparel and ancillary products. Cardinal Health’s Presource™ team offers a complete range of product solutions and works with  providers to contain costs, standardize practices and componentry and streamline their supply chain. 

 

About Premier, Inc.

Premier, Inc., the leader in helping hospitals accelerate performance on both clinical outcomes and supply chain costs, is a healthcare alliance entirely owned by more than 200 of the nation's leading not-for-profit hospital and healthcare systems. These organizations operate or are affiliated with nearly 1,500 hospitals and thousands of other healthcare sites. Premier Purchasing Partners provides an array of services supporting health services delivery including group purchasing totaling more than $25 billion annually in supplies and equipment purchasing, as well as supply chain and clinical performance improvement services. Premier Healthcare Informatics offers performance measurement, benchmarking, and reporting products and advisory services supporting quality improvement. Insurance Management Services helps hospitals manage insurance costs and improve risk management and claims capabilities. Headquartered in San Diego, Premier has offices in Charlotte, N.C., Chicago, and Washington. For more information, visit www.premierinc.com.

 

About Cardinal Health

Headquartered in Dublin, Ohio, Cardinal Health, Inc. (NYSE: CAH) is a $75 billion, global company serving the healthcare industry with a broad portfolio of products and services. It manufactures and distributes pharmaceuticals and medical supplies, offers a range of clinical services and develops automation products that improve the management and delivery of supplies and medication for hospitals, physician offices and pharmacies. Through this diverse offering, Cardinal Health delivers integrated health-care solutions that help customers reduce their costs, improve efficiency and deliver better care to patients. Ranked No. 16 on the Fortune 500, Cardinal Health employs more than 55,000 people on six continents. More information about the company may be found at www.cardinalhealth.com.

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