Bergen Brunswig Announces Prime Vendor Partnership With Health Resources and Service Administration; Contract Represents Agency's First Ever Rx Prime Vendor Award.ORANGE, Calif.--(BUSINESS WIRE)--November 15, 1999-- Bergen Brunswig Drug Company (BBDC BBDC Brantley Capital Corporation (Cleveland, OH) BBDC before bottom dead center (referring to a piston in a engine) BBDC Banting and Best Diabetes Centre BBDC Beijing Benz-DaimlerChrysler Automotive Co, Ltd ), a subsidiary of Bergen Brunswig Corporation (NYSE NYSE See: New York Stock Exchange : BBC BBC in full British Broadcasting Corp. Publicly financed broadcasting system in Britain. A private company at its founding in 1922, it was replaced by a public corporation under royal charter in 1927. ), today announced a new prime vendor partnership with the Health Resources and Service Administration (HRSA HRSA Health Resources & Services Administration (US) HRSA Historical Radio Society of Australia HRSA Hamilton Rating Scale for Anxiety HRSA Hotel and Restaurant Suppliers Association (Canada) ) - a division of the U.S. Department of Health and Human Services Noun 1. Department of Health and Human Services - the United States federal department that administers all federal programs dealing with health and welfare; created in 1979 Health and Human Services, HHS and the lead Health and Human Service agency for improving access to healthcare and related services for individuals and families nationwide. Under the two-year contract, the first national prime vendor program to be awarded by HRSA's Office of Drug Pricing, Bergen will provide logistics management Logistics Management is that part of Supply Chain Management that plans, implements, and controls the efficient, effective, forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet and value-added services to assist HRSA members in improving the efficiency of their product procurement. Through volume purchasing benefits and faster product turn around times, Bergen will also have the ability to help HRSA members reduce their inventory costs and thereby provide lower cost prescription drugs to low-income patients at community health centers, HIV/AIDS HIV/AIDS Human Immunodeficiency Virus/Acquired Immune Deficiency Syndrome treatment and drug assistance programs, and safety net hospitals and clinics. "We selected Bergen as our prime vendor because of their high service levels as well as their outstanding record of on-time delivery and customer satisfaction," said Jimmy R. Mitchell, R.Ph., MPH, MS, Director of HRSA's Office for Drug Pricing. "With Bergen as our distribution partner, we look forward to receiving technical assistance, reduced inventory costs and a consolidated distribution system that will deliver critical drugs to patients as they are needed." 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. Doug Swanson, president, health systems division for Bergen Brunswig Drug Company, the award validates the effectiveness of Bergen's distribution network as well as its success in providing consistently high service levels on a national level as prime vendor to other government agencies including the Department of Defense and the Veterans Affairs administration. "In addition to our traditional logistics expertise that we will be able to bring to HRSA members, we are equally excited about this government agency's recognition of the enhanced value we can bring to their customers with services such as indigent indigent 1) n. a person so poor and needy that he/she cannot provide the necessities of life (food, clothing, decent shelter) for himself/herself. 2) n. one without sufficient income to afford a lawyer for defense in a criminal case. patient assistance; an ambulatory pharmacy management program; patient satisfaction surveys; clinical pharmacy information systems; unit of use packaging; customized repackaging; and automation." Both Bergen and HRSA expect a significant increase in program participation among HRSA's 12,000 members as a result of Bergen's role in facilitating an enhanced contract and service portfolio. HRSA directs national health programs which improve the health of the nation by assuring quality healthcare to under-served, vulnerable and special-need populations and by promoting appropriate health professions workforce capacity and practice, particularly in primary care and public health. Bergen Brunswig Corporation, headquartered in Orange County, California Orange County is a county in Southern California, United States. Its county seat is Santa Ana. According to the 2000 Census, its population was 2,846,289, making it the second most populous county in the state of California, and the fifth most populous in the United States. , is a leading supplier of pharmaceuticals, medical-surgical supplies and specialty healthcare products as well as information management solutions and consulting services. Bergen's customers include the nation's healthcare providers (hospitals, nursing homes, physicians), drug stores, manufacturers and patients. Through its subsidiaries, Bergen provides product distribution; logistics; pharmacy management programs; and Internet fulfillment strategies designed to reduce costs and improve patient outcomes across the entire healthcare spectrum. Certain of the information set forth in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 and are subject to risks, uncertainties and other factors which could cause actual results to differ materially from those projected or implied. Such statements may be identified by the use of forward-looking language such as "may," "will," "should," "expect," "anticipate," "estimate" or "continue" or the negatives or other variations thereof or other similar terminology. Such risks and uncertainties include the risks described in exhibit 99 to the Company's Quarterly Report on Form 10Q for the quarter ended June 30, 1999 and in other reports and exhibits filed with the Securities and Exchange Commission. Bergen Brunswig press releases are available on the company's website at www.bergenbrunswig.com. |
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