Navigation Links
MEDmarketplace.com Signs Contract with Resource Optimization & Innovation (ROi) to Sell Surplus Hospital Equipment
Date:12/4/2008

FT. LAUDERDALE, Fla., Dec. 4 /PRNewswire/ -- MEDmarketplace.com announced today that it has been awarded a purchasing agreement by ROi, the for-profit group contracting entity for the Sisters of Mercy Hospital System (Mercy), headquartered in St. Louis. MEDmarketplace.com provides a web-based marketplace for selling surplus medical equipment and supplies.

Under the agreement, Mercy's 18 acute care hospitals, two heart hospitals and other health related service organizations will have the opportunity to display and sell their unused and excess assets on the MEDmarketplace.com website.

"Our proprietary Progressive Access(TM) technology and our Fair Market Valuation service provides, ROi and Mercy with an exclusive marketplace to optimize the sale, transfer or donation of their unused and excess hospital equipment and supplies," said Vincent Baratta, MEDmarketplace.com founder and CEO. "We are happy to be partnering with MEDmarketplace.com. Their services are not only valuable from a cost perspective, but also give us an opportunity to ensure we are good stewards of our resources," said Larry Dooley, Vice President of Group Purchasing for ROi.

About MEDmarketplace.com

MEDmarketplace.com is the world's largest on-line marketplace for selling surplus hospital equipment and supplies. MEDmarketplace.com offers an innovative service for hospitals to generate revenue by providing a proprietary process for asset disposal. MEDmarketplace.com is ranked number 1 in hospital equipment, medical equipment, and medical supplies, among other related terms, on all major search engines. These rankings have helped to solidify the Company's status as the leading global medical marketplace for healthcare facilities, providers and consumers searching for medical equipment and supplies. Ziegler HealthVest Partners, LP is the lead institutional investor in MEDmarketplace.com.

About Resource Optimization & Innovation

Resource Optimization & Innovation (ROi) is an operating division of the Sisters of Mercy Health System (Mercy) that allows Mercy to successfully offer a single-source, fully integrated supply chain solution to serve its customers. ROi focuses on three primary areas of service: performance consulting, group purchasing and supply chain management. As of fiscal year 2008, ROi has $560 million in contracted volume, more than 1,400 members and serves more than 4,000 licensed beds in 22 acute care hospitals. ROi is headquartered in St. Louis, Mo. and has distribution operations at the Consolidated Services Center (CSC) in Springfield, MO.

About Sisters of Mercy Health System

The Sisters of Mercy Health System (Mercy) was established in 1986 to serve as the parent corporation of a variety of health care facilities and services sponsored by the Sisters of Mercy of the St. Louis Regional Community. Mercy consists of 18 acute care hospitals, two heart hospitals, outpatient care facilities, physician practices, skilled nursing and long-term residential care facilities, clinics, a managed care organization and other health related services. Mercy is the 9th largest Catholic healthcare system in the US based on net patient service revenue. Today, Mercy operates facilities and services in a seven-state area encompassing Arkansas, Kansas, Louisiana, Mississippi, Missouri, Oklahoma and Texas. Health System services are provided by approximately 26,000 co-workers and 3,100 physicians. For further information, please visit www.mercy.net

About Ziegler HealthVest Partners, LP

Ziegler HealthVest Partners, LP, based in Milwaukee, WI, is a venture capital fund that invests in early-to-middle stage healthcare services, healthcare information technology and wellness companies. They are the lead institutional investor in MEDmarketplace.com. The Ziegler Companies, Inc. (OTC Bulletin Board: ZGCO) is a growth-oriented boutique investment banking and investment services firm.

    CONTACT:
    Lawrence G. Fiori
    (201) 785-0010 x 22
    lfiori@proactivemarketinggroup.com


'/>"/>
SOURCE MEDmarketplace.com
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Triple-S Management Corporation Signs Letter of Intent to Acquire Managed Care Portfolio of La Cruz Azul de Puerto Rico, Inc.
2. WVVA HealthCare Alliance Signs 14-Year ASP EHR Agreement
3. Stroller Strides(R) Signs Pampers(R) as Premier Sponsor for 2009
4. Nuvo Research subsidiary signs collaboration agreement with Fortune Global 500 company
5. Roche Signs Definitive Agreement to Acquire Memory Pharmaceuticals
6. Leading Healthcare Provider Signs Agreement With UCN for inContact
7. Natural Nutrition Canadian Subsidiary Signs $50.5 Million (CDN) Five Year European Distribution Contract
8. How America Signs Her Name; United Spinal Association Presents How to Display Our Flag
9. ACS Signs $44 Million Contract with State of Florida
10. DW Healthcare Partners Forms Best in Class Organization with ClinPro Inc. and Pacific Data Designs, LLC
11. Northwestern Medical Faculty Foundation Signs Long-Term Agreement to be the Provider of Doctors for Northern Illinois Proton Treatment and Research Center
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/6/2016)... Albuquerque, NM (PRWEB) , ... December 06, 2016 ... ... awarded JumpStart Autism Center with an Award of Distinction, recognizing the organization as ... needs providers that excel in the areas of clinical quality, staff satisfaction and ...
(Date:12/6/2016)... ... December 06, 2016 , ... Experimentation involving human stem cells ... due to its potential for revolutionizing human disease treatment. There are multiple HSC ... stem cells (hiPSCs). , Both platforms have distinct advantages and disadvantages, but ...
(Date:12/6/2016)... , ... December 06, 2016 , ... ... one-stop portal for all the knowledge resources, including white papers, guides, handbooks, case ... more. , To access more than 9,000 documents, webinars and videos available ...
(Date:12/6/2016)... , ... December 06, 2016 , ... 'Tis the season ... daily routines. That means it's also the season when eating healthy, staying active, and ... diabetes) on schedule is harder to do. , "Shopping trips, parties and family ...
(Date:12/6/2016)... ... 06, 2016 , ... Specialty Technical Publishers (STP) and Specialty ... Consortium (IAPC) EHS audit protocol for Great Britain . Leading companies around ... EHS regulatory obligations and rapidly collect, share, archive, and export audit findings in ...
Breaking Medicine News(10 mins):
(Date:12/5/2016)... , December 5, 2016 According to a new report ... by Application - Global Opportunity Analysis and Industry Forecast, 2014 - 2022", the ... to reach $5,255 million by 2022, growing at a CAGR of 6.4% from ... than four-fifths share. Continue Reading ... ...
(Date:12/5/2016)... and PUNE, India , December 5, ... by Allied Market Research, titled, "Global Cancer Biomarkers Market - ... of cancer biomarkers market is projected to reach $15,737 million ... of 13.3% from 2016 to 2022. Omic technologies segment accounted ... and is expected to maintain its dominance during the forecast ...
(Date:12/5/2016)... Dec. 5, 2016   TrainerMD , the first HIPAA compliant ... new collaboration with Styku . Styku, a ... Kinect hardware to provide users world-class, real-time 3D body scanning and ... the means to see, hear and feel their health like never ... , , ...
Breaking Medicine Technology: