Alliance Medical Selected by MedAssets for Medical Device Reprocessing.PHOENIX -- Alliance Medical Corporation (Alliance), a leading reprocessor of single-use devices (SUDs), today announced the signing of a three-year agreement with MedAssets, a leading supply chain management company based in Atlanta, GA. The agreement is projected to save MedAssets' members $40 million through non-labor, supply-cost reductions over the term of the new agreement, and eliminate over 240,000 pounds of medical waste. MedAssets' members will have access to Alliance's full compliment of reprocessing Reprocessing may refer to:
"Alliance Medical has proven that it can deliver value to our members, who are always seeking new ways to improve patient safety and quality of care, while managing costs," said Mark Miriani, vice president, Materials Management Materials management is the branch of logistics that deals with the tangible components of a supply chain. Specifically, this covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts, and the standards involved in ordering, Division, MedAssets Supply Chain Systems. "By partnering with Alliance, MedAssets is able to provide significant savings to our members. This initiative directly translates into money hospitals can utilize to maintain and enhance patient care while reducing unnecessary medical products in our local landfills." Reprocessing, regulated by the FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. , allows SUDs to be cleaned, checked for functional integrity, and sterilized ster·il·ize tr.v. ster·il·ized, ster·il·iz·ing, ster·il·iz·es 1. To make free from live bacteria or other microorganisms. 2. according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. all of the regulatory requirements Regulatory requirements are part of the process of drug discovery and drug development. Regulatory requirements describe what is necessary for a new drug to be approved for marketing in any particular country. currently applicable to original equipment manufacturers (OEMs). Alliance has safely reprocessed more than 12 million SUDs, translating to savings in excess of $150 million for health care facilities across the country. These savings can be redirected to vital patient services, new medical technology and nursing salaries; all of which lead to improved patient care. Reprocessing is also an effective form of recycling, which helps to reduce unnecessary use of landfills. Reprocessing by Alliance has eliminated hundreds of tons of medical waste from U.S. landfills. "Our partnership with MedAssets is the result of Alliance's ability to demonstrate and deliver real and measurable value through our unique reprocessing model," said Rick Ferreira, president, Alliance Medical Corporation. "This partnership expands Alliance's leadership position in the industry while adding MedAssets' members to our list of prestigious customers." About MedAssets MedAssets, headquartered in Atlanta, Georgia, improves healthcare providers' margin and cash flow through revenue cycle and supply chain initiatives. As a strategic business partner, MedAssets can replace multiple vendors and decrease supply costs by 3-10 % and increase net patient revenue by 1-3 %. Proprietary information technology is used to work with and improve existing IT assets and work processes. MedAssets, through its revenue cycle subsidiary MedAssets Net Revenue Systems, provides best-of-breed revenue solutions including strategic pricing, pre-bill charge capturing, and ongoing chargemaster management tools, all of which have been Peer Reviewed by the Healthcare Financial Management Association. In addition, MedAssets offers the only technology enabled system that links supply cost data with charge data to ensure accurate charges and defendable markups for all patient identifiable supplies, including costly medical devices. MedAssets, through its supply chain subsidiary MedAssets Supply Chain Systems, operates the fastest growing group purchasing organization A group purchasing organization is an entity that leverages the purchasing power of a group of businesses to obtain discounts from vendors based on the collective buying power of the GPO members. Many GPOs are funded by administrative fees that are actually paid by the vendors. and supply chain services company in the U.S. and builds customized solutions encompassing procurement of common medical supplies, pharmaceuticals, physician preference supplies, food and nutrition Food and Nutrition See also cheese; dining; milk. accubation Rare. the act or habit of reclining at meals. alimentology Medicine. thescience of nutrition. allotriophagy Pathology. items, and capital equipment. For more information about MedAssets go to www.medassets.com or contact Gary Johnson Gary Johnson may refer to:
About Alliance Medical Alliance Medical Corporation is a leading reprocessor of specific single-use medical devices (SUDs) and has safely reprocessed more than 12 million SUDs, saving hospitals and surgery centers in excess of $150 million. Alliance goes beyond providing technically superior medical device reprocessing services to deliver guaranteed maximum supply-cost savings to leading health care organizations. Alliance is differentiated by our unwavering partnership commitment, clinical implementation expertise and dedicated field associates which together ensure that we exceed our partner's goals and expectations. The Company's services focus on reducing supply costs of hospitals and surgery centers suffering from shrinking reimbursements and increasing costs. Alliance has agreements with leading national group purchasing organizations, alliances and supply chain service firms, including VHA VHA Veterans Health Administration VHA Variable Housing Allowance VHA Villages Homeowners Association VHA Voluntary Hospitals Association VHA Virtual Home Agent VHA Very High Altitude VHA Vapor Hazard Area VHA Vermont Holstein-Friesian Association , HealthTrust Purchasing Group (HPG HPG human pituitary gonadotropin. ), Broadlane and University HealthSystem Consortium (UHC UHC UnitedHealthcare UHC United Health Care UHC University Hospitals of Cleveland UHC United Hitech Corporation UHC Udvar-Hazy Center (National Air and Space Museum) UHC University Health/System Consortium UHC Unburned Hydrocarbons ), as well as a number of nationally recognized hospital integrated delivery networks, including Banner Health Banner Health is a non profit health system based in Phoenix, Arizona. The health system is one of the largest employer’s in the state - employing over 27,000 employees. and Henry Ford Health System that collectively represent more than 4,000 health care facilities. For more information about Alliance Medical Corporation, visit www.alliance-medical.com; or call 888.888.3433. |
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