Chartwell Selects Innovatix As Exclusive Group Purchasing Organization for Home Infusion Pharmacies.Health/Medical Editors NEW YORK--(BW HealthWire)--Oct. 22, 2001 Innovatix, one of the fastest growing national group purchasing organizations 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. in the alternate care marketplace, announced that Chartwell Diversified Services, Inc., a subsidiary of the health care services conglomerate Med Diversified, (AMEX AMEX See: American Stock Exchange :MED - news), has selected Innovatix as the exclusive group purchasing organization for all of Chartwell Caregivers, Inc., home infusion pharmacies located in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New Jersey, Texas, Ohio and Illinois. "We chose Innovatix because of their decade-long experience and knowledge of the home infusion industry. They have the most comprehensive portfolio of pharmaceutical and medical/surgical supply contracts, and some really outstanding pricing programs for home infusion pharmacies," stated Mike Rusnak, C.O.O., Chartwell Diversified Services, Inc. "We are quite pleased that Chartwell has selected Innovatix as their exclusive GPO, and look forward to delivering some significant and immediate cost savings for their pharmacy operations within the next year," remarked John P. Sganga, President & 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. , Innovatix. Established in 1993, Innovatix is a division of GNYHA GNYHA Greater New York Hospital Association Ventures, Inc., a wholly owned, for-profit subsidiary of the Greater New York Hospital Association (GNYHA). Innovatix offers alternate care providers cost savings through group purchasing contracts with pharmaceutical, medical/surgical, and office supply manufacturers. Innovatix's 2,400 members include home infusion providers, oncologists, long-term care facilities long-term care facility n. See skilled nursing facility. , staff model HMOs, and physician groups. Innovatix can be reached toll-free at 888-258-3273, or on the Web at www.innovatix.com. About Med Diversified Med Diversified is leading a worldwide transition in the medical industry. Through the efficient use of its technologies and strong management team, Med Diversified operates a series of companies in various sub-industries within health care including pharmacy, home infusion, multi-media, management, clinical respiratory services, home medical equipment, home health services health services Managed care The benefits covered under a health contract and other functions. For more information, see http://www.e-medsoft.com or www.chartwelldis.com. |
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