SOURCE: PDC Healthcare

PD Corp

July 01, 2014 03:00 ET

MedAssets Renews Labeling Contract #MS03126 for Precision Dynamics Corporation, Now Branded as PDC Healthcare

Contract Includes Complete Product Line of Stock and Custom Healthcare Labels

VALENCIA, CA--(Marketwired - July 01, 2014) - PDC Healthcare, the global leader of innovative identification solutions, announced today that its healthcare labeling agreement has been renewed with the group purchasing organization, MedAssets. The contract renewal will begin on Aug. 1, 2014 and extend through July 31, 2017.

The renewed contract, MS03126, provides MedAssets' members with direct access to PDC Healthcare's complete line of healthcare labeling products including: laboratory system labels for specimen labeling; blood identification slide labels; pharmacy system and automated dispensing system labels for IV bags, medication bottles, and other containers; sterile medication labels for syringe labeling; and thousands of stock labels to identify hazards, alerts and other vital information. Charting supplies and patient ID products will remain contracted on other MedAssets agreements.

The two-tier contract represents the merger of MedAssets contracts: MS01277, MS01059, GS-531-BM02211, and GP-409/BM03829, which were held by legacy companies The St. John Companies and Precision Dynamics Corporation. Members can choose between two pricing levels which must be activated in the MedAssets Supply Chain Advisor.

MedAssets' members will also have access to PDC Healthcare's ValuePlus® Standardization Service that helps hospitals consolidate and centralize purchasing to reduce SKUs, labor, and supply costs. PDC Healthcare's innovative products help healthcare institutions to adopt best practices to protect patients and achieve patient safety and regulatory compliance with important guidelines, including the Joint Commission's National Patient Safety Goals, HIPAA for protection of patient privacy, and APHA to reduce the risk of lost or transferred data.

"PDC Healthcare is pleased to continue our partnership with MedAssets by offering its members our industry-leading products at low, contracted pricing," said Coleen Thompson, PDC Healthcare's Director of GPO Contracts. "Our products help hospitals improve the safety and care of patients, while helping to streamline operations and workflow efficiencies." 

For more information on ValuePlus, please visit: www.pdchealthcare.com/valueplus

About PDC Healthcare

With more than 55 years of experience, PDC Healthcare connects people, products, and technology worldwide through innovative identification systems for the safe and efficient management of patients and procedures. PDC Healthcare is the result of the merger between two industry leaders and pioneers in healthcare: Precision Dynamics Corporation (PDC) and The St. John Companies Inc.

PDC Healthcare is the global leader and pacesetter in the development of wristband, label, medical records, and imaging systems. An originator of innovative technologies, the company introduced the first single-piece patient wristband, first bar code wristband system, first thermal printer wristband, first Smart Band® RFID wristband system, and the award-winning PDC Smart® Kiosk, among many other innovations.

PDC Healthcare products are used in leading hospitals worldwide and comprise a comprehensive range of solutions that provide positive ID and positive clinical outcomes, while meeting important guidelines of The Joint Commission, World Healthcare Organization, FDA, AHA, and HIPAA. Complying with ISO 9001 standards, PDC Healthcare follows a systematic, world-standard approach to ensure superior product design, manufacturing, and customer support services. For more information, visit www.pdcorp.com or www.pdchealthcare.com

On Dec. 28, 2012, PDC Healthcare was acquired by Brady Corporation (NYSE: BRC), a world leader in identification solutions for premises, products, and people.

About MedAssets

MedAssets (NASDAQ: MDAS) is a healthcare performance improvement company focused on helping providers realize financial and operational gains so that they can sustainably serve the needs of their community. More than 4,400 hospitals and 122,000 non-acute healthcare providers currently use the company's evidence-based solutions, best practice processes and analytics to help reduce the total cost of care, enhance operational efficiency, align clinical delivery, and improve revenue performance across the care continuum. For more information, visit www.medassets.com.

Contact Information