Memorial Hospital Estimates $150,000 Savings with New Medline Prime Vendor Supply Agreement

Medline Brand Products and Reduced Distribution Fees Drive Cost Savings

Tuesday, May 04, 2010 — Medline Industries, Inc., the nation's largest privately held manufacturer and distributor of medical supplies, announced today the signing of a cost management prime vendor agreement with Memorial Hospital based in Fremont, OH.  The three-year agreement is anticipated to save the hospital an estimated $150,000 over the term of the contract.

Medline is expected to generate more than $4.5 million in medical and surgical product sales from the partnership.  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. 

Cost savings was the key factor in naming Medline Memorial Hospital's prime vendor.  Medline will drive cost savings to Memorial Hospital through delivering Medline manufactured products direct to the healthcare facility from their distribution center located in Romulus, MI.  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. 

About Memorial Hospital
Memorial Hospital opened its doors in 1918. Built by citizens of Sandusky County to ensure the community has a high-quality local health care system, Memorial remains locally owned and committed to every patient's right to the best possible care in a comfortable and caring environment.  Today, Memorial Hospital is a state-of-the-art medical center with over 150 physicians and nearly 500 employees. Memorial Hospital provides a comprehensive range of services, including the latest in surgical and diagnostic procedures as well as a completely new physical medicine facility which houses HealthLink and Physical Medicine services.

Medline, the nation's largest privately held manufacturer and distributor of healthcare products, manufactures and distributes more than 100,000 products to hospitals, extended care facilities, surgery centers, home care dealers and agencies. Headquartered in Mundelein, IL, Medline has more than 900 dedicated sales representatives nationwide to support its broad product line and cost management services.

Over the past five years, Medline has been the fastest growing distributor of medical and surgical supplies in the U.S., serving as the primary distributor to over 450 major hospitals and health care systems. As a leading distributor, Medline offers a comprehensive array of consulting and management services encompassing the supply chain and logistics, utilization and standardization, business tools and enhanced reporting capabilities, and on-staff clinicians.

Medline has a growing network of 32 distribution centers around the country, as well as an expanding, dedicated transportation fleet with over 200 vehicles in a variety of sizes to fit customers' specific delivery needs. The fleet is equipped with the latest navigation devices for enhanced order tracking and communication.