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PYXIS CORP. SIGNS PURCHASING AGREEMENTS WITH MAJOR HOSPITAL GROUPS

PYXIS CORP. SIGNS PURCHASING AGREEMENTS WITH MAJOR HOSPITAL GROUPS
    SAN DIEGO, Sept. 30 /PRNewswire/ -- Pyxis Corp. (NASDAQ-NMS: PYXS) announced today that it has signed sole-source group purchasing agreements with Premier Hospitals Alliance Inc., SunHealth Enterprises Inc., and the University Hospital Consortium. These alliances represent 380 hospitals with approximately 125,000 inpatient beds, including many of the major university-affiliated hospitals.
    Pyxis Corp. designs, manufactures, markets and services unique point-of-use systems which automate the distribution, management and control of medications and supplies in hospitals.  The company's products are designed to reduce inventory carrying and other costs, improve billing and usage information, and increase the productivity of nurses and other hospital staff.
    The signing of these new three-year agreements follows a thorough evaluation of the Pyxis system as well as other new technologies by each of the hospital groups.  These agreements allow the member hospitals to receive the benefit of prices negotiated at the buying group level when they install Pyxis systems for managing medications and supplies.  In return, the groups have named Pyxis as the sole- source provider of automated medication and supply systems to their groups for a three-year period.
    These new agreements join the previously announced preferred vendor agreement with AmHS Purchasing Partners, VHA Supply Co.- Voluntary Hospitals of America, and Columbia Hospital Corp., with aggregate membership of 1,800 hospitals.
    -0-             09/30/92
    CONTACT:  Gerald E. Forth, VP-finance and CFO of Pyxis, 619-625-3300
    (PYXS) CO:  PYXIS CORP.; PREMIER HOSPITALS ALLIANCE INC.;
                        SUNHEALTH ENTERPRISES INC; UNIVERSITY HOSPITAL
                        CONSORTIUM;


IN: HEA ST: CA -- SD002 -- X287 09/30/92
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Publication:PR Newswire
Date:Sep 30, 1992
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