SOURCE: Medline Industries, Inc.

Medline

April 21, 2010 17:03 ET

Hannibal Regional Hospital Estimates 30% Savings With New Prime Vendor Supply Agreement With Medline Industries, Inc.

Medline Brand Products and Reduced Distribution Fees Drive Cost Savings

MUNDELEIN, IL--(Marketwire - April 21, 2010) -  Medline Industries, Inc., the nation's largest privately held manufacturer and distributor of healthcare supplies, announced today the signing of a cost management prime vendor agreement with Hannibal Regional Hospital based in Hannibal, MO. The three-year agreement is anticipated to save the hospital an estimated $300,000 over the term of the contract.

Medline is expected to generate more than $7 million in medical and surgical product sales from the partnership. Under the agreement, Medline will provide its broad array of Medline brand medical and surgical products, including surgical procedure trays, patient care products, disposable protective gowns, exam gloves and bandages.

Hannibal Regional Hospital is also set to implement Medline's ERASE CAUTI™ Foley catheter management system to improve patient care and to reduce patients' risk of acquiring catheter-associated urinary tract infections (CAUTI). The ERASE CAUTI™ program emphasizes evidence-based technique and training with a revolutionary designed tray to assist the clinician in using a proven and safe method for catheter insertion and maintenance.

Medline will drive cost savings to Hannibal Regional Hospital through delivering Medline manufactured products direct to the healthcare facility from their distribution center located in Kansas City, MO. Medline will also deliver cost savings by reducing distribution fees on other national brand products and product standardization. In addition, Medline will provide enhanced reporting capabilities and offer comprehensive product utilization, education and practical solutions to help the facility control costs and improve patient care.

About Hannibal Regional Hospital
Hannibal Regional Hospital is a 105-bed acute care hospital providing community healthcare and behavioral health services to more than 125,000 residents in the tri-state area. Continued development of services with a focus on excellence is achieved through the collaboration of team members and physicians. As one of the largest employers in the region, the Hannibal Regional Hospital team pride themselves in providing patient-centered care.

Hannibal Regional Hospital has recently undergone expansion projects that tripled the size of Emergency Services; a Critical Decision Unit was created to better care for cardiology patients and a Medical Office Building was constructed to house Hannibal Regional Medical Group physicians and nurse practitioners. Exceptional orthopedic and cancer care services are also available on campus. This growth and excellence enhances the ability for patients and families to have consistent access to advanced medical technology and receive compassionate care.

About Medline Industries, Inc.
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, Ill., 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 certified 13485:2003. 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.

Contact Information

  • Media Contact:
    John Marks, (847) 643-3309
    Jerreau Beaudoin, (847) 643-3011