Healthcare Industry News: HSMN NewsFeed
News Release - October 7, 2010
Cook Medical Receives Two Contract Awards with HealthTrust Purchasing Group for Enteral Feeding and GI Endoscopic SuppliesWINSTON-SALEM, N.C.--(Healthcare Sales & Marketing Network)-- Cook Medical, Inc. has entered into two contracts with HealthTrust Purchasing Group, LP (HealthTrust), a group purchasing organization supporting not-for-profit and for-profit acute care facilities as well as ambulatory surgery centers, physician practices and alternate care sites. Under the three-year agreements, effective October 1, 2010, Cook Medical will supply HealthTrust members with its full line of endoscopic devices intended to treat a wide range of gastrointestinal (GI) diseases, and enteral feeding products.
These contracts mark the first agreement between the two organizations for these types of products. The contracts provide HealthTrust members with a line of high quality endoscopic devices and enteral feeding products that treat a range of GI conditions that cause debilitating symptoms. Members will have access to improved pricing accuracy, increased shipping efficiency, simplified ordering and reimbursement support.
“Today, more than ever, health-care providers are seeking measures that will enable them to offer patients high quality care in an efficient and cost-effective manner,” said Barry Slowey, global business unit leader for Cook Medical’s Endoscopy business unit. “We are pleased to provide our full line of endoscopic devices and enteral products to HealthTrust Purchasing Group members, while reducing costs in the delivery supply chain. We look forward to building on this partnership to expand collaboration opportunities.”
Cook Medical offers the most comprehensive supply of therapeutic and diagnostic options of any endoscopic-accessory manufacturer,1 including the widest selection of plastic stents on the market.2 Cook Medical also manufactures a variety of metal stents. Results of the largest international randomized and controlled trial of self-expanding metal stents showed that Cook Medical’s Zilver® Biliary Stent is as effective as the industry leader at providing relief from malignant biliary obstructions, a complication associated with several forms of cancer.
Cook Medical’s line of Hercules® 3 Stage Balloon dilators in both wire guided and non-wire guided versions provides access to the full GI tract. These devices provide physicians with technology to treat strictures in the esophagus in addition to options for the pylorus, duodenum and colon. Cook Medical the worldwide leader in Endoscopic Ultrasound accessories also offers a wide range of endoscopic ultrasound needles, including the EchoTip® Ultra High Definition Needle, a line of devices designed for therapeutic and diagnostic endoscopic ultrasound procedures.
About HealthTrust Purchasing Group
HealthTrust Purchasing Group, LP, headquartered in Brentwood, Tenn., is a group purchasing organization that supports 1,400 not-for-profit and for-profit acute care facilities, as well as nearly 10,600 ambulatory surgery centers, physician practices, and alternate care sites. With an annual purchasing volume by its members of more than $17 billion, HealthTrust is committed to obtaining the best price for clinically recommended products, ensuring their timely delivery, and continuously evaluating and improving its services to the patients, physicians and clinicians it serves. The Web site is www.healthtrustpg.com.
About Cook Medical
Founded in 1963, Cook Medical pioneered many of the medical devices now commonly used to perform minimally invasive medical procedures throughout the body. Today, the company integrates medical devices, drugs and biologic grafts to enhance patient safety and improve clinical outcomes. Since its inception, Cook has operated as a family-held private corporation. For more information, visit www.cookmedical.com. Follow Cook Medical on Twitter @cookmedicalpr and @cookgastro.
1 Data on file at Cook Medical
2 Data on file at Cook Medical
Source: Cook Medical
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