Premier Awards MEDRAD Two-Year Contract Extension For Vascular Injection Systems

Warrendale, PA - Premier, one of the largest healthcare group purchasing organizations in the United States, has extended its agreement with MEDRAD, INC. to provide vascular injection systems and related disposables used in Computed Tomography (CT), Magnetic Resonance (MR) and Cardiovascular (CV) imaging for two additional years.

The agreement will provide Premier's 1,700 hospital members and more than 46,500 other healthcare sites with continued access through 2011 to the most comprehensive line of vascular injection systems offered by a single manufacturer.

The contract includes MEDRAD's complete portfolio of injection systems, including the Stellant CT Injection System with DualFlow, the MEDRAD Avanta Fluid Management Injection System for improved cardiovascular imaging, and Spectris Solaris EP MR Injection System for advanced MR studies. MEDRAD introduced the first vascular injection systems used in CT, MR and cardiovascular imaging procedures and has 98 percent customer satisfaction ratings in North America for product reliability.

Serving 1,700 hospitals and more than 46,500 other healthcare sites, Premier is the largest healthcare alliance in the United States dedicated to improving patient outcomes while safely reducing the cost of care. Owned by not-for-profit hospitals, Premier operates the nation's largest healthcare purchasing network, the most comprehensive repository of hospital clinical and financial information and one of the largest policy-holder owned, hospital professional liability risk-retention groups in healthcare. Headquartered in San Diego, Premier has offices in Charlotte, N.C. and Washington. For more information, visit www.premierinc.com.

SOURCE: Medrad, Inc.