OSI Systems Awarded Contract from HealthTrust Purchasing Group for Patient Monitoring Solutions
February 15 2012 - 8:00AM
Business Wire
OSI Systems, Inc. (NASDAQ: OSIS), a vertically-integrated
provider of specialized electronic products for critical
applications in the security and healthcare industries, today
announced that its Healthcare division, Spacelabs Healthcare, has
been awarded a contract to provide its patient monitoring solutions
to the member facilities of HealthTrust Purchasing Group L.P.,
(HealthTrust), one of the largest healthcare group purchasing
organizations (GPOs) in the U.S. Under this agreement, Spacelabs’
patient monitors and connectivity solutions are available to
HealthTrust’s membership, which includes 1,400 hospitals
nationwide.
Deepak Chopra, OSI Systems’ CEO, commented, “We are pleased to
partner with HealthTrust and look forward to offering its members
our latest patient monitoring and connectivity solutions to enable
the delivery of high quality care. We now have access to member
hospitals and surgery centers that typically choose to only buy
through the network of suppliers contracted with HealthTrust.”
About HealthTrust Purchasing GroupHealthTrust Purchasing
Group, L.P., headquartered in Brentwood, Tenn., is a group
purchasing organization that supports nearly 1,400 not-for-profit
and for-profit acute care facilities, as well as 10,600 ambulatory
surgery centers, physician practices, and alternate care sites.
With an annual purchasing volume by its members of more than $20
billion, HealthTrust is committed to obtaining the best price for
clinically recommended products, ensuring their timely delivery,
and continuously evaluating and improving its services to the
patients, physicians and clinicians it serves. The website is
www.healthtrustpg.com.
About OSI Systems, Inc.
OSI Systems, Inc. is a vertically integrated designer and
manufacturer of specialized electronic system and components for
critical applications in the homeland security, healthcare, defense
and aerospace industries. We combine more than 30 years of
electronics engineering and manufacturing experience with offices
and production facilities in more than a dozen countries to
implement a strategy of expansion into selective end product
markets. For more information on OSI Systems Inc. or any of its
subsidiary companies, visit www.osi-systems.com. News Filter:
OSIS-G
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Such statements include information regarding the
company's expectations, goals or intentions about the future,
including, the Company's contracts to deliver a broad range of
solutions to customers in the healthcare industry. The actual
results may differ materially from those described in or implied by
any forward-looking statement.
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