Healthcare Industry News: Medline
News Release - January 21, 2009
Medline Signs Medical Supply Cost Management Agreement With Provena HealthThree-Year Agreement Will Provide Savings to Six-Hospital System
MUNDELEIN, IL--(Healthcare Sales & Marketing Network)--Jan 21, 2009 -- With healthcare providers looking for cost-savings solutions in the current economy, Provena Health, a Catholic health system operating in Illinois and Indiana, and Medline Industries, Inc. have signed a major cost management agreement in which Medline will serve as the group's primary distributor providing medical and surgical products and services.
The agreement will focus on driving savings for Provena's six hospitals on a multitude of medical and surgical products and services, including distribution of Medline and non-Medline brand products.
Additional highlights of the agreement include:
-- Savings on distribution of non-Medline products through lower fees and more efficient processes.
-- Savings and efficiencies through product standardization and utilization efforts in collaboration with Medline's product specialists and on-staff clinical team.
-- Savings by converting to Medline manufactured products delivered direct to the facilities.
-- Enhanced reporting capabilities.
-- Medline will also offer comprehensive product utilization and education programs to help the facility control costs and achieve maximum efficiency. Medline has an extensive clinical team and educational programs in conjunction with its prime vendor programs.
About Provena Health
Provena Health is a Catholic health system that includes six hospitals, 17 long-term care and senior residential facilities, numerous clinics, five home health agencies and other health-related activities operating in Illinois and Indiana. Provena Health ministries are sponsored by the Franciscan Sisters of the Sacred Heart, the Servants of the Holy Heart of Mary and the Sisters of Mercy of the Americas.
Provena Health's six hospitals -- all in Illinois -- include Provena Covenant Medical Center in Urbana, Provena Mercy Medical Center in Aurora, Provena Saint Joseph Hospital in Elgin, Provena Saint Joseph Medical Center in Joliet, Provena St. Mary's Hospital in Kankakee and Provena United Samaritans Medical Center in Danville.
About Medline Industries, Inc.
Over the past five years, Medline has been the fastest growing distributor of medical and surgical supplies in the U.S., serving as the primary distributor to over 250 major hospitals and health care systems. As a leading distributor, Medline offers a comprehensive array of consulting and management services encompassing the supply chain and logistics, utilization and standardization, business tools and enhanced reporting capabilities, and on-staff clinicians.
With a growing network of 34 distribution centers around the country, Medline is able to deliver products to customers where and when they need them. To help deliver its 100,000-plus products, Medline has an expanding, dedicated transportation fleet with over 160 vehicles in a variety of sizes to fit customers' specific delivery needs. The fleet is equipped with the latest navigation devices for enhanced order tracking and communication.
Medline, the nation's largest privately held manufacturer and distributor of healthcare products, manufactures and distributes more than 100,000 products to hospitals, extended care facilities, surgery centers, home care dealers and agencies and other markets. Headquartered in Mundelein, IL, Medline has more than 800 dedicated sales representatives nationwide to support its broad product line and cost management services.
Meeting the highest level of national and international quality standards, Medline is FDA QSR compliant and ISO 13485 registered. Medline serves on major industry quality committees to develop guidelines and standards for medical product use, including the FDA Midwest Steering Committee, AAMI Sterilization and Packaging Committee and various ASTM committees. For more information on Medline, visit our Web site, www.Medline.com.
Source: Medline Industries
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