Cardinal Health Signs Distribution Agreement with Premier
DUBLIN, Ohio, November 12, 2007- Cardinal Health, a global provider of products and services that improve the safety and productivity of health care, today announced a three-year dual source agreement to provide Presource® IV site management kits to the 1,700 hospitals and more than 48,500 additional health care sites served by Premier, one of the largest group purchasing organizations in the United States.
Under the agreement, which is effective December 1, Cardinal Health will supply Premier customers with Presource® IV site management kits including IV start kits, central line insertion packs and central line dressing change kits. By utilizing standardized configurations of the basic components necessary to perform various IV site management procedures, these kits help health care providers deliver a consistent standard of care to patients.
"Preventing infections and improving efficiency are key concerns of health-care providers, nationwide," said Steve Inacker, president of Cardinal Health's Presource® Products and Services business. "We're excited to help Premier customers work toward both of these goals by providing them access to a comprehensive offering of Presource® central line and IV start kits to meet their unique needs."
About Premier Inc.
Serving 1,700 hospitals and more than 48,500 other healthcare sites, Premier is the largest healthcare alliance in the United States dedicated to improving patient outcomes while safely reducing the cost of care. Owned by not-for-profit hospitals, Premier operates one of the nation's largest healthcare purchasing networks, the most comprehensive repository of hospital clinical and financial information and one of the largest policy-holder owned, hospital professional liability risk-retention groups in healthcare. Headquartered in San Diego, Premier has offices in Charlotte, N.C., Philadelphia and Washington. For more information, visit www.premierinc.com.
About Cardinal Health
Headquartered in Dublin, Ohio, Cardinal Health, Inc. (NYSE: CAH) is an $87 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 systems, MedMined® data mining software and the CareFusion(TM) patient identification system. 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 and No. 1 in its sector on Fortune's ranking of Most Admired firms, Cardinal Health employs more than 40,000 people on five continents. More information about the company may be found at www.cardinalhealth.com.
