Bergen Brunswig and BayCare Health System Join Forces to Reduce Healthcare Costs and Maximize Efficiency;.ORANGE, Calif.--(BUSINESS WIRE)--Jan. 4, 1999-- New Three-Year, Sole-Source Agreement Validates Importance of Bergen's New InterLinx-TM- Reporting System Bergen Brunswig Drug Company, 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. ), announced today that it has signed a new three-year, $100 million agreement with BayCare Health System, moving its distribution arrangement to a strategic, sole-source partnership. Headquartered in Clearwater, Florida Clearwater is a city located in central Pinellas County, Florida, USA, nearly due west of Tampa. As of the 2000 census, the city had a total population of 108,787; however, according to the 2005 U.S. Census Bureau's estimates, the city's population fell slightly to 108,687. , BayCare is the largest not-for-profit, provider-owned hospital network in the Tampa Bay Tampa Bay, inlet of the Gulf of Mexico, 25 mi (40 km) long and 7 to 12 mi (11.3–19 km) wide, W Fla., separated from the Gulf by numerous small islands; it receives the Hillsborough River. St. area, with 10 participating hospitals. "Our commitment is to provide high-quality care while realizing greater cost-effectiveness as a regional system," said Paul Pfeiffer
Paul Pfeiffer (born Honolulu, Hawaii, 1966) is an American video artist whose work incorporates the use of found footage. , director of pharmacy at Bayfront-St. Anthony's Health Care, a community health alliance of BayCare. "In our quality culture, we constantly evaluate our operations to look for processes that can be enhanced. As we looked at the decentralized de·cen·tral·ize v. de·cen·tral·ized, de·cen·tral·iz·ing, de·cen·tral·iz·es v.tr. 1. To distribute the administrative functions or powers of (a central authority) among several local authorities. purchasing habits of our hospital members, we saw an opportunity to tap into volume-based efficiencies. Bergen's InterLinx system will provide us the vehicle to facilitate this cost-reduction initiative." Commenting on BayCare's selection of Bergen to assist them in their strategic endeavors, Brent R. Martini, president of Bergen Brunswig Drug Company, said, "We take great pride in the trust BayCare has placed in us to deliver not only the highest service levels, but value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. programs including purchasing and usage history centralized through our customizable InterLinx reporting system." Bergen Brunswig Corporation, a Fortune 200 Company with 1998 revenues of $17.1 billion (includes bulk shipments to customers' warehouses), 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 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. Some 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. These uncertainties are described herein and in exhibit 99(a) to the Company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended September 30, 1998 and in other reports and exhibits filed with the Securities and Exchange Commission. 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 Company's website at www.bergenbrunswig.com. |
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