DUBLIN, Ohio, April 17, 2009 – Cardinal Health, a global provider of products and services that improve the safety and productivity of health care, today announced a three-year agreement to offer its medical-surgical, pharmaceutical and laboratory supplies to the more than 5,400 cardiologists served by MedAxiom, a service provider and networking resource serving academic, hospital and physician-owned cardiology practices.
The agreement, which was effective Feb. 1, further extends the companies’ existing relationship, which began in 2004 when Cardinal Health became the sole-source provider for MedAxiom’s Group Purchasing Organization for radiopharmaceutical imaging agents that aid in the early diagnosis and treatment of cardiovascular disease. By providing them access to a full range of medical-surgical, pharmaceutical and laboratory products, Cardinal Health can provide MedAxiom’s members with a one-stop solution for their most critical supply needs.
“This agreement is a natural extension that allows Cardinal Health to offer more value to MedAxiom members and tailor our offerings to cardiologists’ specific needs,” said Kenny Wilson, senior vice president and general manager of Cardinal Health’s Ambulatory Care business.
With the new agreement, MedAxiom members have access to all of Cardinal Health’s medical-surgical, pharmaceutical and laboratory products. Cardinal Health will also contribute to MedAxiom’s MedXpert Knowledgebase, an on-demand warehouse of educational materials, informational articles, pro forma analyses, and policies and procedures that help members optimize their practice efficiency and patient care.
“Cardinal Health and MedAxiom have had a strong relationship over the past several years as Cardinal Health has provided the MedAxiom membership with excellent value and service for their radiopharmaceuticals,” commented Chris Romeo, MedAxiom’s vice president of corporate relations. “We are excited about the expansion of our relationship with Cardinal Health and its Ambulatory Care business in helping to meet the needs of our growing membership.”
About Cardinal Health
Headquartered in Dublin, Ohio, Cardinal Health, Inc. (NYSE: CAH) is a $91 billion, global company serving the health care industry with products and services that help hospitals, physician offices and pharmacies reduce costs, improve safety, productivity and profitability, and deliver better care to patients. With a focus on making supply chains more efficient, reducing hospital-acquired infections and breaking the cycle of harmful medication errors, Cardinal Health develops market-leading technologies, including Alaris® IV pumps, Pyxis® automated dispensing and patient identification systems, MedMined™ electronic infection surveillance service and VIASYS® respiratory care products. The company also manufactures medical and surgical products and is one of the largest distributors of pharmaceuticals and medical supplies worldwide. Ranked No. 19 on the Fortune 500, Cardinal Health employs more than 40,000 people on five continents. More information about the company may be found at cardinalhealth.com.
MedAxiom is a comprehensive subscription-based service provider, information and networking resource exclusively for cardiology practices encompassing Academic Cardiology organizations, hospital-owned Cardiology practices as well as physician-owned Cardiology groups. MedAxiom’s services are anchored by a cardiology-specific comparative statistical analysis and benchmark reporting system that provides benchmarking analysis with the ability to filter data by a variety of parameters including group size, geography, Physician compensation methodology, etc. MedAxiom’s business-improvement solutions include workflow and process redesign, strategic planning, and independent practice consulting tailored to the specific needs of the Cardiology practice. In addition, MedAxiom also manages a knowledge-base portal, called MedXpert, specifically developed for sharing information, knowledge and experiences across its network of cardiology practice members, industry and corporate partners. The MedAxiom organization has developed a strategic partnership with the American College of Cardiology and has jointly developed programs such as the Advanced Cardiology Leadership Workshops and currently developing programs designed specifically for Cardiology Fellows. MedAxiom supports over 300 cardiology practices across the U.S. representing more than 5,400 Cardiologists. For more information, visit its web site at www.medaxiom.com.