Medline Industries, Inc., the nation's largest privately held manufacturer and distributor of healthcare supplies, announced today the signing of a cost management prime vendor agreement with Bloomington Hospital in Bloomington, Ind. The five-year agreement is anticipated to save the hospital an estimated $2 million over the term of the contract.
Medline is expected to generate more than $40 million in medical and surgical product sales from the partnership over the term of the agreement.
Under the agreement, Medline will provide its broad array of Medline brand medical and surgical products, including surgical procedure trays, patient care products, disposable protective gowns, exam gloves and bandages.
Medline will drive cost savings to Bloomington through delivering Medline manufactured products direct to the healthcare facility from Medline's new state-of-the-art 400,000 square-foot distribution center located in Shepherdsville, KY.
Medline will also deliver cost savings by reducing distribution fees on other national brand products and product standardization. In addition, Medline will provide enhanced reporting capabilities and offer comprehensive product utilization, education and practical solutions to help the facility control costs and improve patient care.
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