Nassau-Suffolk Hospital Shared Services Signs MSI Contract To Bring Member Hospitals Sterilized Laparoscopic Trays.SYOSSET, N.Y.--(BUSINESS WIRE)--Feb. 27, 1997--Medical Sterilization, Inc. (MSI MSI: see integrated circuit. (1) (MicroSoft Installer) See Windows Installer. (2) (Medium Scale Integration) Between 100 and 3,000 transistors on a chip. See SSI, LSI, VLSI and ULSI. ) (OTC/BB:MSTI MSTI Main Science and Technology Indicators MSTI Miniature Sensor Technology Integration MSTI Miniature Seeker Technology Integration MSTI Mike Scioscia's Tragic Illness (blog) MSTI Miniature Space Technology Investigation ) announced today that Nassau-Suffolk Hospital Shared Services, Inc. (NSHSS NSHSS National Society of High School Scholars ), a group purchasing organization 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. , has signed a contract to bring off-site sterilization to its 23 non-profit member hospitals in Nassau and Suffolk counties. Under this agreement, MSI will provide sterile reprocessing services and instrumentation for laparoscopic surgery at a discounted per procedure fee. After an on-site visit by its Operating Room Committee, which included OR Supervisors and Material Managers from some of its member hospitals, NSHSS did an in-depth survey and analysis to calculate the savings to the group. Originally crafted as a Laparoscopic Laparoscopic A minimally-invasive surgical or diagnostic procedure that uses a flexible endoscope (laparoscope) to view and operate on structures in the abdomen. Mentioned in: Obstetrical Emergencies Tray contract, the agreement was expanded to include total steam sterilization in the event a hospital's system should go down, and is expected to enter into other areas of sterilization as well. According to D. Michael Deignan, president and 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. of MSI, "This is another cost cutting opportunity for area hospitals to save hundreds of dollars per laparoscopic case, which for most hospitals would add up to several hundred thousands dollars on an annual basis." "I am very pleased with the way MSI worked with us to provide optimum savings to our members by basing levels on group participation instead of individual institutions, providing even greater savings to our group," said Carol DeStefano, Group Purchasing Director, NSHSS. Ms. DeStefano went on to say that while the savings were of paramount importance, the committee also examined the issues of quality and assured delivery of needed sets. Through MSI, hospital operating rooms would be guaranteed state-of-the-art instruments with no capital outlay. Trays would be delivered the day prior to surgery, eliminating inventory and stock problems. MSI is also an FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. registered contract sterilization facility. As such, the company provides radiation sterilization, utilizing a state-of-the-art electron beam accelerator, to approximately two dozen manufacturers of disposable medical devices. Additional information about MSI can be obtained from the company's Web site on the Internet at http://www.medst.com CONTACT: Medical Sterilization Inc. D. Michael Deignan, President and CEO 516/496-8822 516/496-8328 (fax) email: mdeignan@medst.com |
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