SonoSite Wins Premier Contract to Provide Hand-Carried Ultrasound across Clinical Applications; Leading Health Care Group Purch
March 27 2006 - 6:00AM
Business Wire
SonoSite, Inc. (Nasdaq:SONO), the world leader in hand-carried
ultrasound, today announced it has signed a new three-year, group
purchasing agreement with Premier Purchasing Partners, LP for
hand-carried ultrasound equipment, accessories and service. Premier
Inc. is a strategic healthcare alliance entirely owned by more than
200 of the nation's leading not-for-profit hospital and healthcare
systems. These organizations operate or are affiliated with nearly
1,400 hospital facilities and 37,000 other care sites. "SonoSite
has had a long-standing relationship with Premier and we are
pleased to again be selected as a provider of hand-carried
ultrasound systems across the broad spectrum of clinical
applications," said Kevin M. Goodwin, SonoSite President and CEO.
"Our aim is to help clinicians in the Premier system deliver the
highest quality care by designing ultrasound systems that can
provide immediate answers and procedural guidance at the point of
patient care." With the broadest product line in the hand-carried
ultrasound market, SonoSite is well positioned to serve the diverse
needs of Premier's members and affiliates. Versatile and durable,
SonoSite's hand-carried systems reduce the time, risk and expense
of transporting patients to an imaging center by providing
high-quality imaging at the bedside or wherever the patient is
located. SonoSite systems are designed to withstand the rigors of
highly mobile use, can be battery operated for hours, and boot up
in seconds for immediate scanning. SonoSite's newest product, the
MicroMaxx(TM) system, which incorporates SonoSite's third
generation of hand-carried ultrasound technology, began shipping in
June 2005 and represents a revolutionary crossover point between
hand-carried and cart-based systems. Weighing approximately eight
pounds and with the size and appearance of a notebook computer, the
MicroMaxx system delivers high-resolution image quality at a
fraction of the cost of larger, heavier cart-based systems. It is
so durable that a 5-year warranty on the system and most of its
transducers comes standard, dramatically lowering ownership costs
in an industry that typically charges 7-10% of a product's purchase
price in annual service contracts. In addition to the MicroMaxx
system, the SonoSite product line includes the TITAN(R) system, the
180PLUS(TM) and iLook(R) systems. All range in weight from three to
eight pounds. In a recent independently conducted survey
commissioned by the company, customers gave SonoSite's products an
overall satisfaction rating of 97% based on image quality, ease of
use, durability, reliability and ergonomic transducer design. About
SonoSite SonoSite, Inc. (www.sonosite.com) is the innovator and
world leader in hand-carried ultrasound, with an installed base of
more than 25,000 systems. Headquartered near Seattle, SonoSite is
represented by eight subsidiaries and a global distribution network
in over 75 countries. SonoSite's small, lightweight systems are
expanding the use of ultrasound across the clinical spectrum by
cost-effectively bringing high-performance ultrasound to the point
of patient care. The company employs approximately 500 people
worldwide. About Premier Inc. Premier Inc. helps hospitals
accelerate performance on both clinical outcomes and supply chain
costs. Premier is a healthcare alliance entirely owned by more than
200 of the nation's leading not-for-profit hospital and healthcare
systems. These organizations operate or are affiliated with nearly
1,500 hospitals and more than 38,500 other healthcare sites.
Premier Purchasing Partners provides alliance members with group
purchasing and supply chain improvement services. Members purchase
more than $25 billion worth of supplies and equipment through
Premier's contracts annually. Premier Healthcare Informatics offers
performance measurement, benchmarking, and reporting products and
advisory services supporting quality improvement. Premier Insurance
Management Services helps hospitals manage insurance costs and
improve risk management and claims capabilities. Headquartered in
San Diego, CA, Premier has offices in Charlotte, NC, Chicago, IL,
and Washington, DC. For more information, visit www.premierinc.com.
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