Bard Signs Corporate Agreement With Health Trust Purchasing Group.Business Editors & Health/Medical Writers MURRAY HILL, N.J.--(BW HealthWire)--May 15, 2000 C. R. Bard C. R. Bard, Inc. (NYSE: BCR) is one of the large S&P 500 companies of the United States, a surgical specialties and hospital medical device manufacturer in Murray Hill, New Jersey. It is named after its founder, who sold the company within only a few years of its founding. , Inc. (NYSE-BCR) today announced the consummation of a new multi-year Corporate agreement with HealthTrust Purchasing Group to provide a variety of C. R. Bard, Inc. medical/surgical products to HealthTrust Purchasing Group hospitals and ambulatory surgery centers ambulatory surgery center A free-standing center that performs various types of surgery . The Corporate relationship includes nine different agreements across all of Bard's key product areas - Vascular, Urology urology Medical specialty dealing with the urinary system and male reproductive organs. It traces its origin to medieval lithologists, itinerant healers who specialized in surgical removal of bladder stones. , Oncology, and Surgical. William H. Longfield, chairman and chief executive officer, stated, "We are extremely pleased to partner with HealthTrust to maximize value to their membership and quality care to the patients we serve." HealthTrust Purchasing Group, Inc., headquartered in Nashville, TN, is a 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. whose membership includes Columbia/HCA, the nation's largest private hospital company, as well as two Columbia/HCA investor-owned spin-off hospitals, LifePoint Hospitals Inc. and Triad Hospitals Inc. C. R. Bard, Inc., headquartered in Murray Hill, New Jersey
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