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Nihon Kohden Signs Three-Year Sole Source Purchasing Agreement With MAGNET.


Business Editors & Health/Medical Writers

FOOTHILL RANCH, Calif.--(BUSINESS WIRE)--Oct. 2, 2002

Nihon Kohden America Inc., a recognized leader in the field of Computerized computerized

adapted for analysis, storage and retrieval on a computer.


computerized axial tomography
see computed tomography.
 EEG EEG: see electroencephalography. , Evoke e·voke  
tr.v. e·voked, e·vok·ing, e·vokes
1. To summon or call forth: actions that evoked our mistrust.

2.
 Response and Sleep Assessment instrumentation and Mid-Atlantic Group Network of Shared Services shared services,
n.pl the administrative, clinical, or other service functions that are common to two or more hospitals or their health care facilities and used jointly or cooperatively by them.
 Inc. (MAGNET), one of the oldest, largest, and most experienced shared service organizations in the country today, announced the signing of a three-year sole source purchasing agreement.

The agreement provides MAGNET and their Member Organizations access to Nihon Kohden's full line of Neurodiagnostic and Sleep Assessment instrumentation.

Hitoshi Adachi, president of Nihon Kohden America stated: "The mission statement for MAGNET is 'To provide programs and services that permit our Member Organizations to deliver quality, value and cost advantages to their participants.' I believe by selecting Nihon Kohden for this sole source agreement, MAGNET member organizations will realize the quality, value and cost advantages outlined within their mission statement."

About The Two Companies

About MAGNET

Founded during the 1979 Middle Atlantic Adj. 1. middle Atlantic - of a region of the United States generally including Delaware; Maryland; Virginia; and usually New York; Pennsylvania; New Jersey; "mid-Atlantic states"
mid-Atlantic
 Health Congress, MAGNET was created to develop contracts on behalf of its members in the niche market A niche market also known as a target market is a focused, targetable portion (subset) of a market sector.

By definition, then, a business that focuses on a niche market is addressing a need for a product or service that is not being addressed by mainstream providers.
 of capital equipment.

MAGNET is one of the oldest, largest, and most experienced shared service organizations in the country. Its seven Member Organizations are Association Management Resources, Connecticut Hospital Association Shared Services Program, Hospital Central Services Cooperative Inc., Joint Purchasing Corp./Creative Source Concepts, Monmouth Ocean Healthcare Cooperative, Prime, and Southwest Ohio Healthcare Affiliates.

Today, MAGNET serves approximately 12,000 providers, including hospitals, alternate care facilities, and physician practices and clinics with a contract portfolio that includes equipment, services, commodities and the newly emerging area of niche/boutique (innovative and cost-reducing) products.

About Nihon Kohden America Inc.

Nihon Kohden America is a subsidiary of Nihon Kohden Corp. -- Japan's leading manufacturer, developer and distributor of patient monitors, defibrillators, ECGs, EEGs, EP/EMGs, hematology hematology

Branch of medicine concerned with the nature, function, and diseases of the blood. It covers the cellular and serum composition of blood, the coagulation process, blood-cell formation, hemoglobin synthesis, and disorders of all these.
 analyzers and other medical electronic equipment with subsidiaries in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Europe and Asia and distributors in nearly every country in the world. Founded in 1979, Nihon Kohden America has established itself as an industry leader in the diagnostic EEG and Sleep assessment fields.
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Publication:Business Wire
Geographic Code:1USA
Date:Oct 2, 2002
Words:343
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