Cook Incorporated Signs Agreement To Sell Diagnostic and Interventional Products to HPG Members.Business Editors/Health/Medical Writers BLOOMINGTON, Ind.--(BUSINESS WIRE)--March 11, 2003 Cook Incorporated has signed a two-year contract with HealthTrust Purchasing Group (HPG HPG human pituitary gonadotropin. ) to provide a broad range of medical devices from Cook's diagnostic and interventional products division to HPG member clinics and hospitals, Rob Simons, national accounts manager for Cook Incorporated, said. "This new agreement covers a variety of Cook's most popular wire guides, balloon and diagnostic catheters, drainage sets, embolization embolization /em·bo·li·za·tion/ (em?bo-li-za´shun) 1. the process or condition of becoming an embolus. 2. therapeutic introduction of a substance into a vessel in order to occlude it. coils, vascular stents, and sheaths and dilators," Simons added. "We're very excited to be affiliated with HPG and to have the opportunity to make these devices available to its members." HealthTrust Purchasing Group, L.P. (www.healthtrustpg.com) is one of the nation's leading healthcare 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. with a current membership in excess of 900 facilities and contracting volume totaling more than $5.5 billion. HPG is committed to providing its customers with the highest-quality, cost-effective supplies and services for their patients, physicians, nurses and other clinicians. HPG's membership includes hospitals, surgery centers, clinics, physicians, integrated delivery networks and affiliate members. With international headquarters in Bloomington, Ind., privately held COOK(R) (www.cookgroup.com/) is a leading designer, manufacturer and global distributor of minimally invasive invasive /in·va·sive/ (-siv) 1. having the quality of invasiveness. 2. involving puncture of the skin or insertion of an instrument or foreign material into the body; said of diagnostic techniques. medical device technology for diagnostic and therapeutic procedures. Since its founding in 1963, Cook has created innovative technologies for stents and stent-grafts, catheters, wire guides, introducer needles and sheaths, embolization coils, tissue-engineered medical biomaterials, vena cava filters Vena Cava Filter Definition A vena cava filter is a device inserted into a major vein to prevent a blood clot from entering the lungs. Purpose , implanted im·plant v. im·plant·ed, im·plant·ing, im·plants v.tr. 1. To set in firmly, as into the ground: implant fence posts. 2. cardiac lead extraction equipment and other minimally invasive medical devices. |
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