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Amerinet Announces Exclusive Agreement with LHC Group.

ST. LOUIS -- Amerinet Inc. announces that LHC Group, Inc., a provider of post-acute health care services primarily in the southern United States, has recently chosen Amerinet to serve as its sole-source group purchasing organization. This five-year agreement creates a partnership of shared responsibility to reduce costs and develop new revenue streams through Amerinet's cost-saving and innovative solution-based programs.

The new partnership will focus on total spend and supply chain management, and margin improvement tools, including cost reduction, contract evaluation and implementation, and education and program coordination at all of the LHC Group's facilities. Amerinet will negotiate custom contracts and provide access to an array of competitively priced, quality products and services supplied by industry leaders to meet the LHC Group's supply chain needs.

LHC Group CFO Barry Stewart said, "We chose Amerinet in a competitive bidding process because of their proven record of success, and ability to deliver, not just the benefits of group purchasing, but unique cost-saving solutions."

"LHC Group is an outstanding health care provider, and we are pleased that they have chosen Amerinet as their exclusive GPO," said Victor Samolovitch, CEO of Amerinet Inc. "The agreement is designed to support and meet the health care providers' goals by utilizing Amerinet's comprehensive contract portfolio and clinical expertise and tools available through our new enterprise solutions program."

LHC Group provides home-based services through its home nursing agencies and hospices and facility-based services through its long-term acute care hospitals and rehabilitation facilities.

Amerinet partners with health care providers to improve operating margins through a total spend management approach that reduces costs and creates new revenue streams for its members. Supported by a comprehensive portfolio of purchasing contracts for health care providers, Amerinet provides its members with a choice of quality, competitively priced products and services supplied by industry leaders. Amerinet serves more than 22,000 acute and non-acute health care providers nationwide. To learn more, visit
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Publication:Business Wire
Date:Jan 15, 2007
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