Vendor is Ohio-based Cardinal Health
LOUISVILLE, Ky. (July 24, 2014) — For the second time this year, Baptist Health and Norton Healthcare have formed a joint purchasing arrangement for the acquisition and distribution of supplies.
The two health systems awarded a contract to Cardinal Health of Dublin, Ohio, for pharmaceutical distribution services. Three other companies, including each health system’s incumbent distributor, had submitted bids. The five-year contract takes effect on Sept. 3 for Norton Healthcare and Dec. 1 for Baptist Health.
The agreement with Cardinal Health is similar to one Baptist and Norton reached in January with Medline Industries Inc., of Mundelein, Ill., for medical and surgical supplies, implants and devices. The agreements are intended to increase efficiency and flexibility for both health systems.
Although the parties to the agreement have declined to disclose the total value of the contract, the two hospital systems said that, compared to their current contracts, they expect a combined savings of more than $15 million over the life of the five-year contract with Cardinal Health.
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