Bergen Brunswig Completes Ransdell Surgical And Choice Systems Acquisitions.ORANGE, Calif.--(BW HealthWire)--Oct. 2, 1998--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 that it has completed its acquisition of Ransdell Surgical, Inc., a privately-held medical-surgical supply distributor, and its affiliate, Choice Systems, Inc., a developer of supply channel management software for the healthcare industry. Terms were not disclosed. Ransdell Surgical, with 1997 revenues of approximately $58 million, is headquartered in Louisville, Kentucky  “Louisville” redirects here. For other uses, see Louisville (disambiguation). and will be merged into Bergen Brunswig Medical Corporation (BBMC). Michael Ransdell, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and president of Ransdell, will report to Bill Elliott, president of BBMC. Choice Systems, Inc., which was spun off from Ransdell in 1989, is the innovative leader in the development of data management solutions for purchasing, inventory management and centralized contracting. Utilizing a variety of technological platforms including electronic data interchange See EDI. (application, communications) electronic data interchange - (EDI) The exchange of standardised document forms between computer systems for business use. EDI is part of electronic commerce. (EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. ), barcoding, and hand held computers, Choice provides a broad portfolio of products from entry level catalog order-entry systems to the sophisticated supply channel management solutions for today's integrated delivery networks. Bill Bartoccini, president of Choice, will continue to operate the business as a separate entity but will report to Bergen's chief information officer, Linda Burkett. "We look forward to the resources and expertise of Ransdell Surgical as well as our entrance into the greater Kentucky area," said Bill Elliott, president of BBMC. "Ransdell's strong presence in the hospital, physician and nursing home segments will complement our strategic initiatives, reinforcing our broad product offering across the entire continuum of care." Linda Burkett, chief information officer for Bergen Brunswig, added "I am excited about the enhancements Choice brings to Bergen's suite of technology and the significant opportunities we see in not only expanding their customer base, but in enhancing their product portfolio for applicability in other industries." Bergen Brunswig Corporation, a Fortune 200 company with annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. revenues of approximately $14 billion, is one of the nation's leading supply channel management companies. In addition to its diversified healthcare product offerings, the company offers innovative 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 programs in pharmaceuticals and medical-surgical supplies to all healthcare venues. These programs are designed to help customers grow efficiently, improve cost-effectiveness and further support their focus on patient/consumer care. Bergen Brunswig press releases are available at no charge through the company's Faxline. To receive a directory of available releases, call (800) 344-7508 and follow the voice-prompt instructions. You may also view the companies' websites at www.bergenbrunswig.com and www.choicesystemsinc.com. |
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