MedAssets & NHD Sign a new three-year Agreement for Imaging Distribution

MedAssets, based in St. Louis, MO, and one of the nation`s leading Group Purchasing Organizations announced the signing of a new Imaging Distribution Agreement with National Healthcare Distribution (NHD). The new agreement will start on November 1, 2009 and will run through April 30, 2013. MedAssets and NHD have agreed to a comprehensive imaging distribution agreement incorporating a wide range of products and services for medical imaging. The new agreement covers both, analog and digital imaging products and services as well as IT support services available to all MedAssets member facilities.

NHD was established in 1994 as a full service solution to meet the medical imaging needs of providers ranging from acute-care, non-acute, imaging centers, clinics, doctor`s offices and alternate care facilities. Through NHD`s unique shareholder organization, NHD offers the strength of progressive national contracts combined with local, personalized customer service.

Kevin Roth, Chairman of the Board for NHD states “NHD is particularly pleased to have signed a new agreement with MedAssets. This agreement will allow NHD to use its extensive medical imaging experience to deliver cost-effective solutions with consistent results to MedAssets members. Our continued partnership is a testament of our success in addressing the imaging needs of MedAssets member facilities while maximizing their cost-effectiveness”. We look forward to providing innovative solutions to MedAssets healthcare providers along with value-add products and services and responsive, local customer service”.

ABOUT MEDASSETS
MedAssets is a leading healthcare group purchasing organization in the United States. MedAssets partners with healthcare providers to improve their financial strength by implementing integrated spend management and revenue-cycle solutions that help control cost, improve margins and cash flow, increase regulatory compliance and optimize operational efficiency. MedAssets serves more than 125 health systems, 3,300 hospitals and 40,000 non-acute healthcare providers.

ABOUT NHD
NHD, headquartered in Beachwood, OH, is comprised of 33 medical imaging distributors across the continental U.S. and Alaska. Collectively, these regional suppliers of medical imaging products and services generate more than $450 million in annual sales. NHD operates approximately 75 distribution centers, has more than 500 service technicians and 200 professional sales representatives. NHD has extensive medical imaging experience and offers value in their National Account Programs, and in consolidating their operations – such as logistics, information, technology and purchasing. NHD is proud to offer expertise in the full continuum of imaging needs, from analog to digital.