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Hospira Announces New Contracts With Premier Purchasing Partners for Infusion Devices, Solutions And Equipment
LAKE FOREST, Ill., Aug. 21 /PRNewswire-FirstCall/ -- Hospira, Inc.
(NYSE: HSP), a global specialty pharmaceutical and medication delivery
company, today announced new national agreements with Premier Purchasing
Partners. The multi-year contracts will provide Premier's 2,000 member
hospitals with access to special pricing and terms pre-negotiated by Premier
for Hospira's general-purpose medication infusion devices, related sets and
disposables, along with intravenous (I.V.) solutions, nutritionals,
drug-delivery and gravity administration sets. The five-year Premier
agreements will be effective February 1, 2009.
"Premier shares our commitment to improving patient and caregiver safety,
while reducing the high costs of healthcare," said Pete Baker, vice president
and general manager, Commercial Service Operations, Hospira. "Hospira products
and services are well positioned to deliver positive results in these critical
areas for the Premier membership. We look forward to collaborating with
Premier's member healthcare institutions to provide innovative solutions
and drive results."
The new agreements include Hospira's general-purpose medication management
technologies, such as the Plum A+(R) and next-generation Symbiq(R) infusion
systems with Hospira MedNet(R) safety software; and pain management pumps,
such as LifeCare PCA(R) with Hospira MedNet and GemStar(R) ambulatory devices.
These products play a critical role in improving patient safety as well as
enhancing quality of care and clinician workflow. Also covered within the
agreement is access to contracts for Hospira's I.V. solutions and associated
equipment portfolio, including the company's environmentally preferable
VisIV(R) container. This represents the first opportunity for Hospira to offer
these full product lines to Premier member healthcare institutions on
contract.
About Premier Inc., 2006 Malcolm Baldrige National Quality Award recipient
Serving more than 2,000 U.S. hospitals and 53,000-plus other healthcare
sites, the Premier healthcare alliance and its members are transforming
healthcare together. Owned by not-for-profit hospitals, Premier operates one
of the leading healthcare purchasing networks and the nation's most
comprehensive repository of hospital clinical and financial information.
A subsidiary operates one of the nation's largest policy-holder owned,
hospital professional liability risk-retention groups. A world leader in
helping healthcare providers deliver dramatic improvements in care, Premier is
working with theUnited Kingdom's National Health Service North West and the
Centers for Medicare & Medicaid Services to improve hospital performance.
Headquartered inSan Diego, Premier has offices inCharlotte, N.C.,
Philadelphia andWashington. For more information, visit www.premierinc.com.
About Hospira
Hospira, Inc. is a global specialty pharmaceutical and medication delivery
company dedicated to Advancing Wellness(TM). As the world leader in specialty
generic injectable pharmaceuticals, Hospira offers one of the broadest
portfolios of generic acute-care and oncology injectables, as well as
integrated infusion therapy and medication management solutions. Through its
products, Hospira helps improve the safety, cost and productivity of patient
care. The company is headquartered inLake Forest, Ill., and has more than
14,000 employees. Learn more at www.hospira.com.
SOURCE Hospira, Inc.
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