Premier Inc. has awarded Baxa Corporation, a market-leading manufacturer of automated solution compounders for hospital pharmacies, a five-year group purchasing agreement to sell its state-of-the-art technology to member hospitals.
Englewood, CO (PRWEB) September 18 2003-- Premier Inc. has awarded Baxa Corporation, a market-leading manufacturer of automated solution compounders for hospital pharmacies, a five-year group purchasing agreement to sell its state-of-the-art technology to member hospitals.
The agreement, effective February 1, 2004, provides Premier members access to preferred pricing on Baxa Corporation's complete line of Exacta-Mix( and MicroMacro( Compounders. Premier, the second-largest GPO in terms of US market share, represents 1,500 hospital members, and 12.5% of the healthcare market's supply and equipment purchasing. Based on Premier's membership, Baxa anticipates that the agreement will provide enhanced access to 24% of the $100 million market for parenteral nutrition compounding.
Prior to signing this agreement, Premier had recommended the Baxa Exacta-Mix 2400 Compounder (EM2400) as part of its Technology Breakthroughs Program after a clinical review of the product's advantages for patient safety and med error reduction. Based on evidence that the EM2400's technological advances enhanced pharmacy operations and minimized the potential for compounding errors, Premier granted the EM2400 its Technology Breakthroughs Award in February 2002. Their decision was based on evidence that the EM2400.
The new agreement provides Premier members improved access to the remaining compounder products in the Baxa line: the Exacta-Mix 600 Universal Compounder for base ingredient mixing; and the MicroMacro 12 and 23 Compounders for 12 - and 23 - source compounding, respectively. MicroMacro and EM2400 Compounders provide accurate delivery for both macro and micro ingredients in a single unit. Baxa offers an extensive list of interfaces with Pharmacy IS Systems to complement its compounding hardware as well as the Abacus(tm) Windows(r)-based TPN order entry software.
For more information about Baxa and its compounders and software, visit http://www.baxa.com.
About Baxa Corporation
As a leading provider of devices and systems for the preparation, handling, packaging, and administration of liquid medications, Baxa manufactures and markets a wide range of healthcare products for use in hospitals, critical care units and alternate-site pharmacies. Headquartered in Englewood, Colorado, Baxa has subsidiaries and sales offices in Canada, the United Kingdom; Denmark, and Germany; and distribution partners worldwide. Further information is available at www.baxa.com.
About Premier
Premier, Inc., is a strategic alliance in US healthcare, entirely owned by more than 200 of the nation's leading hospital and healthcare systems. These systems operate or are affiliated with nearly 1,500 hospital facilities and hundreds of other healthcare sites. Premier provides an array of resources supporting health services delivery including group purchasing for more than $17 billion annually in supplies and equipment. Other resources offered by Premier are supply chain and clinical performance improvement services and insurance programs. Headquartered in San Diego, CA, Premier has other major facilities in Chicago, IL; Charlotte, NC; and Washington, DC.
###
Contact:
Marian Robinson, Vice President, Marketing
Baxa Corporation: 800.567.2292 ext. 2157 or 303.617.2157
Email: marian.robinson@baxa.com
or
Maggie Chamberlin Holben, APR
Absolutely Public Relations: 303.984.9801 or 303.669.3558
Email: maggie@absolutelypr.com
|
