Healthcare Industry News: Beckman Coulter
News Release - April 2, 2007
Beckman Coulter Signs Agreements With Premier, Inc. to Provide Medical Laboratory Instruments and SuppliesFULLERTON, Calif., April 2 (HSMN NewsFeed) -- Beckman Coulter, Inc. (NYSE: BEC ), the leading manufacturer of diagnostics instruments in the U.S., announced that effective April 1, 2007, it has been awarded new agreements with Premier, Inc., to provide a full range of core laboratory systems and supplies. Premier is the nation's largest healthcare purchasing network, with more than 1700 member hospitals.
Under the terms of the three-year agreements, Premier members will continue to purchase automation, general chemistry, immunoassay, integrated workcells, and hematology products from Beckman Coulter. They will also start accessing the company's complete range of hemostasis systems and supplies. Premier members purchased more than $150 million worth of instruments and supplies from Beckman Coulter in 2006, which reflects an annual growth rate of approximately 10 percent.
"Beckman Coulter shares our commitment to quality and our commitment to improving patient health," said John Biggers, Premier group vice president, Sourcing. "The company's wide breadth of diagnostic products and services provides our members with technology that meets their diverse testing requirements while ensuring the delivery of highly accurate lab test results for improved patient care."
Scott Garrett, Beckman Coulter president and CEO said, "We are pleased that Premier will continue to offer its members diagnostic instrument systems and supplies from Beckman Coulter. Our innovative solutions will help Premier facilities simplify and automate their processes to further increase their laboratories' efficiency, helping to lower overall healthcare costs."
Serving 1,700 hospitals and almost 45,000 other healthcare sites, Premier Inc. is the largest healthcare alliance in the United States dedicated to improving patient outcomes while safely reducing the cost of care. It was the recipient of a Malcolm Baldridge Quality Award in 2006. Owned by not-for-profit hospitals, Premier is headquartered in San Diego, California with offices in Charlotte, North Carolina and Washington, DC. For more information, visit www.premierinc.com.
About Beckman Coulter, Inc.
Based in Fullerton, California, Beckman Coulter develops, manufactures and markets products that simplify, automate and innovate complex biomedical tests. More than 200,000 Beckman Coulter systems operate in laboratories around the world, supplying critical information for improving patient health and reducing the cost of care. Recurring revenue consisting of supplies, test kits, service and operating-type lease payments represents more than 75 percent of the company's 2006 annual revenue of $2.53 billion. For more information, visit www.beckmancoulter.com.
Source: Beckman Coulter
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