SOURCE: Medline Industries, Inc.

Medline Industries, Inc.

November 18, 2013 12:34 ET

Symbion Healthcare Selects Medline as Exclusive Distributor to Help Reduce Costs and Maximize Efficiencies

MUNDELEIN, IL--(Marketwired - November 18, 2013) - Symbion Healthcare, based in Nashville, Tenn., and a leading operator of ambulatory surgery centers and surgical hospitals across the nation, has selected Medline Industries, Inc. as its exclusive distribution partner for medical and surgical supplies. The five-year partnership will deliver an estimated savings of $2 million by driving distribution efficiencies across more than 50 surgical facilities nationwide over the term of the agreement.

"Medline's supply chain expertise and manufacturer-direct approach will improve service to our facilities and help reduce overall costs," said Cliff Adlerz, president and chief operating officer, Symbion. "Healthcare is local and this agreement will provide a new level of flexibility that will ultimately enhance our quality of care."

Medline, with 37 distribution centers strategically located throughout the United States, will provide its broad assortment of Medline and national brand products directly to Symbion's surgical facilities around the country. Medline will also deliver cost savings and efficiencies by driving product standardization and utilization solutions, as well as providing enhanced reporting capabilities to help facilities better monitor and control costs. The agreement is expected to be worth approximately $70 million over the course of the deal.

About Medline

As the nation's largest privately held manufacturer and distributor of health care products, Medline manufactures and distributes more than 350,000 products to hospitals, extended care facilities, surgery centers, physician offices, home care agencies and providers, and retailers. Named one of the country's "Best and Brightest Companies to Work For," Medline, headquartered in Mundelein, Ill., has more than 1,100 dedicated sales representatives to support its broad product line and cost management services. For more information, go to www.medline.com and Click here to connect with Medline's social media channels.

About Symbion

Symbion, Inc., headquartered in Nashville, Tenn., owns and operates a network of short stay surgical facilities that provide non-emergency surgical procedures across many specialties. At September 30, 2013, the Company owned and operated 49 surgical facilities and managed seven additional facilities in 24 states.

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