Premier Inc. announced two new deals today, bringing them to four contracts this week alone.
The hospital group purchasing organization signed contracts with Deerfield, Ill.-based Siemens AG (NYSE:SI) and Instrumentation Laboratory of Bedford, Mass.
Earlier this week Premier signed contracts with both Covidien plc (NYSE:COV) and Medline Industries Inc. for incontinence products, and announced deals with six new companies last month.
Hospital GPOs have been vocal about signing contract recently, perhaps in response to Medtronic Inc.’s (NYSE:MDT) headline-making, Wall Street-pleasing decision to cut several contracts worth an estimated $2 billion a year for its cardiovascular and orthopedic products with Irving, Texas-based GPO Novation in February.
Novation touted 11 new deals across general radiology and molecular imaging equipment yesterday, affirming the continued GPO presence in the market.
"As demonstrated by these agreements, suppliers continue to find value in the Novation relationship," Novation VP of contract and program services Michael Vintges said in a press release. "Suppliers find that participating in our contracts provides increased brand awareness and market share through access to the members we serve."
Premier’s new deals are effective Oct. 1, according to a press release.