Teleflex Signs New Agreements with Premier for Endotracheal Products
LIMERICK, Pa.--(BUSINESS WIRE)--Oct 24, 2012--Teleflex Incorporated (NYSE: TFX), a leading global provider of medical devices for critical care and surgery, has announced that is has been awarded two new three-year group purchasing agreements for endotracheal tubes and related products with the Premier healthcare alliance.
The two agreements, one of which is offered through Premier’s ASCEND collaborative, are effective Jan. 1, 2013 through Dec. 31, 2015. Through these agreements, Premier’s alliance of 2,700 hospitals will have access to a complete line of Rusch ® and Sheridan ® endotracheal tubes, including the ISIS ® HVT ™ endotracheal tubes, and related products at exclusive member rates.
“Teleflex is proud to expand upon the extensive product lines already offered through Premier that give healthcare organizations a substantial advantage,” said Cary Vance, President, Anesthesia and Respiratory Division. “The enduring partnership with the Premier healthcare alliance allows Teleflex to continue providing exceptional products that are designed to meet the needs of patients and help increase provider safety.” About Teleflex Incorporated Teleflex is a leading global provider of specialty medical devices for a range of procedures in critical care and surgery. Our mission is to provide solutions that enable healthcare providers to improve outcomes and enhance patient and provider safety. Headquartered in Limerick, Pa, Teleflex employs approximately 11,200 people worldwide and serves healthcare providers in more than 130 countries. Additional information about Teleflex can be obtained from the company's website at teleflex.com.
About the Premier healthcare alliance, Malcolm Baldrige National Quality Award recipient Premier is a performance improvement alliance of more than 2,700 U.S. hospitals and 90,000 other sites using the power of collaboration and technology to lead the transformation to coordinated, high-quality, cost-effective care. Owned by hospitals, health systems and other providers, Premier operates a leading healthcare purchasing network with more than $4 billion in annual savings. Premier also maintains the nation's largest clinical, financial and outcomes database with information on 1 in 4 patient discharges. A world leader in delivering measurable improvements in care, Premier works with the Centers for Medicare & Medicaid Services. Headquartered in Charlotte, N.C., Premier also has an office in Washington. https://www.premierinc.com. Stay connected on Facebook, Twitter and YouTube.
Forward-Looking Statements Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements. Any forward-looking statements contained herein are based on our management's current beliefs and expectations, but are subject to a number of risks, uncertainties and changes in circumstances, which may cause actual results or company actions to differ materially from what is expressed or implied by these statements. These risks and uncertainties are identified and described in more detail in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K.
Teleflex, HVT, ISIS, Rusch and Sheridan are trademarks or registered trademarks of Teleflex Incorporated or its affiliates. ©2012 Teleflex Incorporated. All rights reserved. 2012-1456.CONTACT: Teleflex Incorporated Jake Elguicze Treasurer and Vice President, Investor Relations 610-948-2836 KEYWORD: UNITED STATES NORTH AMERICA NORTH CAROLINA PENNSYLVANIA INDUSTRY KEYWORD: SURGERY HEALTH HOSPITALS MEDICAL DEVICES MEDICAL SUPPLIES SOURCE: Teleflex Incorporated Copyright Business Wire 2012 PUB: 10/24/2012 05:00 PM/DISC: 10/24/2012 05:00 PM http://www.businesswire.com/news/home/20121024006019/