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Neoforma Signs Major Suppliers to Marketplace@Novation
Suppliers Include Kimberly-Clark, Kodak, Marconi HCP, Shared Service Systems and Standard Textile
SAN JOSE, Calif. & IRVING, Texas--(BW HealthWire)--Nov. 27, 2000--An additional 16 of the nation`s top industry manufacturers and distributors have agreed to sell their hospital products and services through Marketplace@Novation, a leading online procurement solution powered by Neoforma. Neoforma.com, Inc. (Nasdaq:NEOF - news) and Novation, the supply company of VHA Inc. and the University HealthSystem Consortium (UHC), reported today that with the newly signed suppliers, Marketplace@Novation now has a total of 49 manufacturers and distributors.
Among the new suppliers that have agreed to connect their information systems and offer their products through Marketplace@Novation are Eastman Kodak Company (NYSE:EK - news), Kimberly-Clark Corporation (NYSE:KMB - news), Marconi Medical Systems` (Nasdaq:MONI - news) Health Care Products (HCP), Shared Service Systems and Standard Textile Company Inc.
By connecting their information systems to Marketplace@Novation, suppliers will have access to real-time supply chain data, empowering them to make better decisions and lower their supply chain costs. Neoforma will digitize, categorize and display the products and services that each supplier offers on Marketplace@Novation.
Suppliers signed to Marketplace@Novation offer a wide range of products, including medical/surgical and imaging supplies and equipment, pharmaceuticals, and other products for general and specialty distribution. Currently, these 49 manufacturers and distributors represent more than $3.2 billion, or over 20 percent, of total sales to VHA and UHC members.
``The presence of these 16 additional suppliers in the Marketplace greatly enhances the breadth of our product offering,`` commented Bob Zollars, chairman, president and chief executive officer of Neoforma. ``We are very enthusiastic about the continued momentum we`ve seen in building our e-commerce solution.``
Neoforma and Novation also announced that, in addition to the new supplier sign ups, 27 new hospitals have signed up to use Marketplace@Novation, bringing the total to 186. The 186 hospitals represent a total of over $4.5 billion in annual supply purchases, and each has committed to transact a minimum of 50 percent of its annual purchases through Marketplace@Novation. In addition, Neoforma is in active implementation in over 90 of these member hospitals, 16 of which already are connected and using the first phase release of Marketplace@Novation to purchase their medical supplies.
Standard Textile, along with other leading Marketplace@Novation suppliers, is a sponsor of a Supplier Showcase, a customized, co-branded web page in Neoforma`s online Plan service. The showcase allows manufacturers and distributors to provide healthcare customers with detailed information about their products and services while building brand value. Neoforma`s Plan service provides interactive content to healthcare providers, planners and designers, helping to reduce the complexities of designing, outfitting and operating facilities.
Eastman Kodak, Kimberly-Clark, Marconi HCP, Shared Service Systems and Standard Textile represent leaders in their product offerings. More information on these companies is provided below.
Eastman Kodak Company
Kodak`s Health Imaging Division develops, manufactures and markets products for the capture, processing, presentation, distribution and printing of health-related images. Kodak`s Health Imaging Division is a leading single-source provider for PACS, radiology information systems, computed radiography, digital radiography, teleradiology, laser imagers, distributed medical imagers and traditional x-ray films and equipment. The Division has annual revenues of more than $2 billion, and has been serving the needs of the healthcare industry for over 100 years.
``We at Kodak`s Health Imaging Division are delighted to be an early partner with Marketplace@Novation. Neoforma is a leader in healthcare e-commerce and we look forward to sharing learnings with them. Together we will provide what our customers have been looking for: information, efficiencies, and innovative products and services,`` said Stu Grossman, director of eBusiness for Kodak`s Health Imaging Division.
Kimberly-Clark
The Kimberly-Clark Health Care business, headquartered in Roswell, Ga., manufactures and markets surgical drapes, gowns, sterilization wrap and pouches, personal protective apparel and face masks, and patient care products. With the acquisition of Safeskin, Kimberly-Clark added disposable gloves to its product portfolio and now offers head-to-toe protection for healthcare workers. The company is also a leader in the medical device field with its Ballard Medical lines of closed suction catheters, enteral feeding tubes and a variety of pain management products. For more information, visit the web site at www.kchealthcare.com.
Marconi Medical Systems` Health Care Products
Marconi Health Care Products, a division of Marconi Medical Systems, is a U.S. market leader in imaging distribution, with more than 20,000 medical imaging supplies and accessories. The medical imaging market encompasses consumable products such as film, chemistry, barium, contrast agents and various accessory items that are used in the imaging departments of hospitals and clinics. Marconi HCP operates 30 distribution centers throughout the United States. Marconi Medical Systems, a part of Marconi plc, is a global supplier of clinically focused medical imaging systems, services and information central to modern patient care. Marconi plc is a global communications and IT company, with more than 49,000 employees worldwide and sales in over 100 countries. It supplies advanced communications solutions and key technologies for the Internet.
``For over 100 years, Marconi has been committed to improving communications. Using Marketplace@Novation to sell HCP supplies and services will help us to better communicate with our hospital customers,`` said Larry Miller, vice president and general manager of Marconi HCP.
Shared Service Systems
With over thirty years of experience, Shared Service Systems works to add value to their customers` businesses through cost effectiveness, superior service and the highest quality products. Shared Service Systems is a distributor of medical/surgical products for acute care facilities. The company offers products, including medical supplies, dietary products, environmental services products, office supplies and linens, from more than 600 manufacturers. Shared Service Systems is located in Omaha, Neb. For more information, visit the web site at www.sharedomaha.com.
Standard Textile
Standard Textile is the nation`s leading manufacturer and distributor of healthcare textiles, apparel, surgical, incontinence care and decorative products. Through its linen management system, Controltex, Standard Textile provides best practices, benchmarking and the largest data warehouse concentrating on the most efficient utilization and distribution techniques for healthcare facilities. Standard Textile`s Research and Development Division is the recognized innovator in creating state of the art materials and fabrics, responding to the healthcare industry`s demand for comfortable, cost effective products. Recently, Standard Textile, in conjunction with Sterile Recoveries Inc., announced a rollout of Surgical Express, a complete solution to streamlining and reducing surgical supply chain costs for all Novation members.
About Neoforma.com, Inc.
Neoforma builds and operates Internet marketplaces that empower healthcare trading partners to optimize supply chain performance. Neoforma uses a reliable, scalable technology platform to provide customized online solutions and services that enable customers to maximize their existing technology and business relationships. Leading group purchasing organizations, manufacturers, distributors, and healthcare providers are choosing Neoforma as their e-commerce partner. For more information, visit the company`s web site at www.neoforma.com.
About Novation
Novation is the supply company of VHA Inc. and the University HealthSystem Consortium, two national healthcare alliances. Based in Irving, Texas, Novation serves the purchasing needs of more than 2,000 members and affiliates of VHA and UHC, as well as more than 5,200 members of HealthCare Purchasing Partners International (HPPI). The largest supply cost management company in healthcare, Novation manages $15 billion in annual purchases for VHA, UHC and HPPI members. For more information on Novation, go to www.novationco.com.
This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. These forward-looking statements include statements related to the anticipated benefits of Neoforma`s agreements with the healthcare organizations, suppliers and distributors. There are a number of technological and business risks that could cause actual results to differ materially from those anticipated by these forward-looking statements. These risks and other risks are described in Neoforma.com`s periodic reports filed with the SEC including its Form 10-K for the year ended December 31, 1999, its Form 10-Q for the quarter ended September 30, 2000 and its Proxy Statement, dated June 29, 2000, relating to the VHA and UHC transactions. Neoforma.com assumes no obligation to update the forward-looking information contained in this news release.
Note to Editors: Neoforma.com, Inc., and www.neoforma.com are trademarks of Neoforma.com, Inc. Other Neoforma.com logos, product names, and service names are also trademarks of Neoforma.com, Inc., which may be registered in other countries. Other product and brand names are trademarks of their respective owners.
--------------------------------------------------------------------------------
Suppliers Include Kimberly-Clark, Kodak, Marconi HCP, Shared Service Systems and Standard Textile
SAN JOSE, Calif. & IRVING, Texas--(BW HealthWire)--Nov. 27, 2000--An additional 16 of the nation`s top industry manufacturers and distributors have agreed to sell their hospital products and services through Marketplace@Novation, a leading online procurement solution powered by Neoforma. Neoforma.com, Inc. (Nasdaq:NEOF - news) and Novation, the supply company of VHA Inc. and the University HealthSystem Consortium (UHC), reported today that with the newly signed suppliers, Marketplace@Novation now has a total of 49 manufacturers and distributors.
Among the new suppliers that have agreed to connect their information systems and offer their products through Marketplace@Novation are Eastman Kodak Company (NYSE:EK - news), Kimberly-Clark Corporation (NYSE:KMB - news), Marconi Medical Systems` (Nasdaq:MONI - news) Health Care Products (HCP), Shared Service Systems and Standard Textile Company Inc.
By connecting their information systems to Marketplace@Novation, suppliers will have access to real-time supply chain data, empowering them to make better decisions and lower their supply chain costs. Neoforma will digitize, categorize and display the products and services that each supplier offers on Marketplace@Novation.
Suppliers signed to Marketplace@Novation offer a wide range of products, including medical/surgical and imaging supplies and equipment, pharmaceuticals, and other products for general and specialty distribution. Currently, these 49 manufacturers and distributors represent more than $3.2 billion, or over 20 percent, of total sales to VHA and UHC members.
``The presence of these 16 additional suppliers in the Marketplace greatly enhances the breadth of our product offering,`` commented Bob Zollars, chairman, president and chief executive officer of Neoforma. ``We are very enthusiastic about the continued momentum we`ve seen in building our e-commerce solution.``
Neoforma and Novation also announced that, in addition to the new supplier sign ups, 27 new hospitals have signed up to use Marketplace@Novation, bringing the total to 186. The 186 hospitals represent a total of over $4.5 billion in annual supply purchases, and each has committed to transact a minimum of 50 percent of its annual purchases through Marketplace@Novation. In addition, Neoforma is in active implementation in over 90 of these member hospitals, 16 of which already are connected and using the first phase release of Marketplace@Novation to purchase their medical supplies.
Standard Textile, along with other leading Marketplace@Novation suppliers, is a sponsor of a Supplier Showcase, a customized, co-branded web page in Neoforma`s online Plan service. The showcase allows manufacturers and distributors to provide healthcare customers with detailed information about their products and services while building brand value. Neoforma`s Plan service provides interactive content to healthcare providers, planners and designers, helping to reduce the complexities of designing, outfitting and operating facilities.
Eastman Kodak, Kimberly-Clark, Marconi HCP, Shared Service Systems and Standard Textile represent leaders in their product offerings. More information on these companies is provided below.
Eastman Kodak Company
Kodak`s Health Imaging Division develops, manufactures and markets products for the capture, processing, presentation, distribution and printing of health-related images. Kodak`s Health Imaging Division is a leading single-source provider for PACS, radiology information systems, computed radiography, digital radiography, teleradiology, laser imagers, distributed medical imagers and traditional x-ray films and equipment. The Division has annual revenues of more than $2 billion, and has been serving the needs of the healthcare industry for over 100 years.
``We at Kodak`s Health Imaging Division are delighted to be an early partner with Marketplace@Novation. Neoforma is a leader in healthcare e-commerce and we look forward to sharing learnings with them. Together we will provide what our customers have been looking for: information, efficiencies, and innovative products and services,`` said Stu Grossman, director of eBusiness for Kodak`s Health Imaging Division.
Kimberly-Clark
The Kimberly-Clark Health Care business, headquartered in Roswell, Ga., manufactures and markets surgical drapes, gowns, sterilization wrap and pouches, personal protective apparel and face masks, and patient care products. With the acquisition of Safeskin, Kimberly-Clark added disposable gloves to its product portfolio and now offers head-to-toe protection for healthcare workers. The company is also a leader in the medical device field with its Ballard Medical lines of closed suction catheters, enteral feeding tubes and a variety of pain management products. For more information, visit the web site at www.kchealthcare.com.
Marconi Medical Systems` Health Care Products
Marconi Health Care Products, a division of Marconi Medical Systems, is a U.S. market leader in imaging distribution, with more than 20,000 medical imaging supplies and accessories. The medical imaging market encompasses consumable products such as film, chemistry, barium, contrast agents and various accessory items that are used in the imaging departments of hospitals and clinics. Marconi HCP operates 30 distribution centers throughout the United States. Marconi Medical Systems, a part of Marconi plc, is a global supplier of clinically focused medical imaging systems, services and information central to modern patient care. Marconi plc is a global communications and IT company, with more than 49,000 employees worldwide and sales in over 100 countries. It supplies advanced communications solutions and key technologies for the Internet.
``For over 100 years, Marconi has been committed to improving communications. Using Marketplace@Novation to sell HCP supplies and services will help us to better communicate with our hospital customers,`` said Larry Miller, vice president and general manager of Marconi HCP.
Shared Service Systems
With over thirty years of experience, Shared Service Systems works to add value to their customers` businesses through cost effectiveness, superior service and the highest quality products. Shared Service Systems is a distributor of medical/surgical products for acute care facilities. The company offers products, including medical supplies, dietary products, environmental services products, office supplies and linens, from more than 600 manufacturers. Shared Service Systems is located in Omaha, Neb. For more information, visit the web site at www.sharedomaha.com.
Standard Textile
Standard Textile is the nation`s leading manufacturer and distributor of healthcare textiles, apparel, surgical, incontinence care and decorative products. Through its linen management system, Controltex, Standard Textile provides best practices, benchmarking and the largest data warehouse concentrating on the most efficient utilization and distribution techniques for healthcare facilities. Standard Textile`s Research and Development Division is the recognized innovator in creating state of the art materials and fabrics, responding to the healthcare industry`s demand for comfortable, cost effective products. Recently, Standard Textile, in conjunction with Sterile Recoveries Inc., announced a rollout of Surgical Express, a complete solution to streamlining and reducing surgical supply chain costs for all Novation members.
About Neoforma.com, Inc.
Neoforma builds and operates Internet marketplaces that empower healthcare trading partners to optimize supply chain performance. Neoforma uses a reliable, scalable technology platform to provide customized online solutions and services that enable customers to maximize their existing technology and business relationships. Leading group purchasing organizations, manufacturers, distributors, and healthcare providers are choosing Neoforma as their e-commerce partner. For more information, visit the company`s web site at www.neoforma.com.
About Novation
Novation is the supply company of VHA Inc. and the University HealthSystem Consortium, two national healthcare alliances. Based in Irving, Texas, Novation serves the purchasing needs of more than 2,000 members and affiliates of VHA and UHC, as well as more than 5,200 members of HealthCare Purchasing Partners International (HPPI). The largest supply cost management company in healthcare, Novation manages $15 billion in annual purchases for VHA, UHC and HPPI members. For more information on Novation, go to www.novationco.com.
This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. These forward-looking statements include statements related to the anticipated benefits of Neoforma`s agreements with the healthcare organizations, suppliers and distributors. There are a number of technological and business risks that could cause actual results to differ materially from those anticipated by these forward-looking statements. These risks and other risks are described in Neoforma.com`s periodic reports filed with the SEC including its Form 10-K for the year ended December 31, 1999, its Form 10-Q for the quarter ended September 30, 2000 and its Proxy Statement, dated June 29, 2000, relating to the VHA and UHC transactions. Neoforma.com assumes no obligation to update the forward-looking information contained in this news release.
Note to Editors: Neoforma.com, Inc., and www.neoforma.com are trademarks of Neoforma.com, Inc. Other Neoforma.com logos, product names, and service names are also trademarks of Neoforma.com, Inc., which may be registered in other countries. Other product and brand names are trademarks of their respective owners.
--------------------------------------------------------------------------------
Neoforma Signs Major Suppliers to Marketplace@Novation
Suppliers Include Kimberly-Clark, Kodak, Marconi HCP, Shared Service Systems and Standard Textile
SAN JOSE, Calif. & IRVING, Texas--(BW HealthWire)--Nov. 27, 2000--An additional 16 of the nation`s top industry manufacturers and distributors have agreed to sell their hospital products and services through Marketplace@Novation, a leading online procurement solution powered by Neoforma. Neoforma.com, Inc. (Nasdaq:NEOF - news) and Novation, the supply company of VHA Inc. and the University HealthSystem Consortium (UHC), reported today that with the newly signed suppliers, Marketplace@Novation now has a total of 49 manufacturers and distributors.
Among the new suppliers that have agreed to connect their information systems and offer their products through Marketplace@Novation are Eastman Kodak Company (NYSE:EK - news), Kimberly-Clark Corporation (NYSE:KMB - news), Marconi Medical Systems` (Nasdaq:MONI - news) Health Care Products (HCP), Shared Service Systems and Standard Textile Company Inc.
By connecting their information systems to Marketplace@Novation, suppliers will have access to real-time supply chain data, empowering them to make better decisions and lower their supply chain costs. Neoforma will digitize, categorize and display the products and services that each supplier offers on Marketplace@Novation.
Suppliers signed to Marketplace@Novation offer a wide range of products, including medical/surgical and imaging supplies and equipment, pharmaceuticals, and other products for general and specialty distribution. Currently, these 49 manufacturers and distributors represent more than $3.2 billion, or over 20 percent, of total sales to VHA and UHC members.
``The presence of these 16 additional suppliers in the Marketplace greatly enhances the breadth of our product offering,`` commented Bob Zollars, chairman, president and chief executive officer of Neoforma. ``We are very enthusiastic about the continued momentum we`ve seen in building our e-commerce solution.``
Neoforma and Novation also announced that, in addition to the new supplier sign ups, 27 new hospitals have signed up to use Marketplace@Novation, bringing the total to 186. The 186 hospitals represent a total of over $4.5 billion in annual supply purchases, and each has committed to transact a minimum of 50 percent of its annual purchases through Marketplace@Novation. In addition, Neoforma is in active implementation in over 90 of these member hospitals, 16 of which already are connected and using the first phase release of Marketplace@Novation to purchase their medical supplies.
Standard Textile, along with other leading Marketplace@Novation suppliers, is a sponsor of a Supplier Showcase, a customized, co-branded web page in Neoforma`s online Plan service. The showcase allows manufacturers and distributors to provide healthcare customers with detailed information about their products and services while building brand value. Neoforma`s Plan service provides interactive content to healthcare providers, planners and designers, helping to reduce the complexities of designing, outfitting and operating facilities.
Eastman Kodak, Kimberly-Clark, Marconi HCP, Shared Service Systems and Standard Textile represent leaders in their product offerings. More information on these companies is provided below.
Eastman Kodak Company
Kodak`s Health Imaging Division develops, manufactures and markets products for the capture, processing, presentation, distribution and printing of health-related images. Kodak`s Health Imaging Division is a leading single-source provider for PACS, radiology information systems, computed radiography, digital radiography, teleradiology, laser imagers, distributed medical imagers and traditional x-ray films and equipment. The Division has annual revenues of more than $2 billion, and has been serving the needs of the healthcare industry for over 100 years.
``We at Kodak`s Health Imaging Division are delighted to be an early partner with Marketplace@Novation. Neoforma is a leader in healthcare e-commerce and we look forward to sharing learnings with them. Together we will provide what our customers have been looking for: information, efficiencies, and innovative products and services,`` said Stu Grossman, director of eBusiness for Kodak`s Health Imaging Division.
Kimberly-Clark
The Kimberly-Clark Health Care business, headquartered in Roswell, Ga., manufactures and markets surgical drapes, gowns, sterilization wrap and pouches, personal protective apparel and face masks, and patient care products. With the acquisition of Safeskin, Kimberly-Clark added disposable gloves to its product portfolio and now offers head-to-toe protection for healthcare workers. The company is also a leader in the medical device field with its Ballard Medical lines of closed suction catheters, enteral feeding tubes and a variety of pain management products. For more information, visit the web site at www.kchealthcare.com.
Marconi Medical Systems` Health Care Products
Marconi Health Care Products, a division of Marconi Medical Systems, is a U.S. market leader in imaging distribution, with more than 20,000 medical imaging supplies and accessories. The medical imaging market encompasses consumable products such as film, chemistry, barium, contrast agents and various accessory items that are used in the imaging departments of hospitals and clinics. Marconi HCP operates 30 distribution centers throughout the United States. Marconi Medical Systems, a part of Marconi plc, is a global supplier of clinically focused medical imaging systems, services and information central to modern patient care. Marconi plc is a global communications and IT company, with more than 49,000 employees worldwide and sales in over 100 countries. It supplies advanced communications solutions and key technologies for the Internet.
``For over 100 years, Marconi has been committed to improving communications. Using Marketplace@Novation to sell HCP supplies and services will help us to better communicate with our hospital customers,`` said Larry Miller, vice president and general manager of Marconi HCP.
Shared Service Systems
With over thirty years of experience, Shared Service Systems works to add value to their customers` businesses through cost effectiveness, superior service and the highest quality products. Shared Service Systems is a distributor of medical/surgical products for acute care facilities. The company offers products, including medical supplies, dietary products, environmental services products, office supplies and linens, from more than 600 manufacturers. Shared Service Systems is located in Omaha, Neb. For more information, visit the web site at www.sharedomaha.com.
Standard Textile
Standard Textile is the nation`s leading manufacturer and distributor of healthcare textiles, apparel, surgical, incontinence care and decorative products. Through its linen management system, Controltex, Standard Textile provides best practices, benchmarking and the largest data warehouse concentrating on the most efficient utilization and distribution techniques for healthcare facilities. Standard Textile`s Research and Development Division is the recognized innovator in creating state of the art materials and fabrics, responding to the healthcare industry`s demand for comfortable, cost effective products. Recently, Standard Textile, in conjunction with Sterile Recoveries Inc., announced a rollout of Surgical Express, a complete solution to streamlining and reducing surgical supply chain costs for all Novation members.
About Neoforma.com, Inc.
Neoforma builds and operates Internet marketplaces that empower healthcare trading partners to optimize supply chain performance. Neoforma uses a reliable, scalable technology platform to provide customized online solutions and services that enable customers to maximize their existing technology and business relationships. Leading group purchasing organizations, manufacturers, distributors, and healthcare providers are choosing Neoforma as their e-commerce partner. For more information, visit the company`s web site at www.neoforma.com.
About Novation
Novation is the supply company of VHA Inc. and the University HealthSystem Consortium, two national healthcare alliances. Based in Irving, Texas, Novation serves the purchasing needs of more than 2,000 members and affiliates of VHA and UHC, as well as more than 5,200 members of HealthCare Purchasing Partners International (HPPI). The largest supply cost management company in healthcare, Novation manages $15 billion in annual purchases for VHA, UHC and HPPI members. For more information on Novation, go to www.novationco.com.
This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. These forward-looking statements include statements related to the anticipated benefits of Neoforma`s agreements with the healthcare organizations, suppliers and distributors. There are a number of technological and business risks that could cause actual results to differ materially from those anticipated by these forward-looking statements. These risks and other risks are described in Neoforma.com`s periodic reports filed with the SEC including its Form 10-K for the year ended December 31, 1999, its Form 10-Q for the quarter ended September 30, 2000 and its Proxy Statement, dated June 29, 2000, relating to the VHA and UHC transactions. Neoforma.com assumes no obligation to update the forward-looking information contained in this news release.
Note to Editors: Neoforma.com, Inc., and www.neoforma.com are trademarks of Neoforma.com, Inc. Other Neoforma.com logos, product names, and service names are also trademarks of Neoforma.com, Inc., which may be registered in other countries. Other product and brand names are trademarks of their respective owners.
--------------------------------------------------------------------------------
Suppliers Include Kimberly-Clark, Kodak, Marconi HCP, Shared Service Systems and Standard Textile
SAN JOSE, Calif. & IRVING, Texas--(BW HealthWire)--Nov. 27, 2000--An additional 16 of the nation`s top industry manufacturers and distributors have agreed to sell their hospital products and services through Marketplace@Novation, a leading online procurement solution powered by Neoforma. Neoforma.com, Inc. (Nasdaq:NEOF - news) and Novation, the supply company of VHA Inc. and the University HealthSystem Consortium (UHC), reported today that with the newly signed suppliers, Marketplace@Novation now has a total of 49 manufacturers and distributors.
Among the new suppliers that have agreed to connect their information systems and offer their products through Marketplace@Novation are Eastman Kodak Company (NYSE:EK - news), Kimberly-Clark Corporation (NYSE:KMB - news), Marconi Medical Systems` (Nasdaq:MONI - news) Health Care Products (HCP), Shared Service Systems and Standard Textile Company Inc.
By connecting their information systems to Marketplace@Novation, suppliers will have access to real-time supply chain data, empowering them to make better decisions and lower their supply chain costs. Neoforma will digitize, categorize and display the products and services that each supplier offers on Marketplace@Novation.
Suppliers signed to Marketplace@Novation offer a wide range of products, including medical/surgical and imaging supplies and equipment, pharmaceuticals, and other products for general and specialty distribution. Currently, these 49 manufacturers and distributors represent more than $3.2 billion, or over 20 percent, of total sales to VHA and UHC members.
``The presence of these 16 additional suppliers in the Marketplace greatly enhances the breadth of our product offering,`` commented Bob Zollars, chairman, president and chief executive officer of Neoforma. ``We are very enthusiastic about the continued momentum we`ve seen in building our e-commerce solution.``
Neoforma and Novation also announced that, in addition to the new supplier sign ups, 27 new hospitals have signed up to use Marketplace@Novation, bringing the total to 186. The 186 hospitals represent a total of over $4.5 billion in annual supply purchases, and each has committed to transact a minimum of 50 percent of its annual purchases through Marketplace@Novation. In addition, Neoforma is in active implementation in over 90 of these member hospitals, 16 of which already are connected and using the first phase release of Marketplace@Novation to purchase their medical supplies.
Standard Textile, along with other leading Marketplace@Novation suppliers, is a sponsor of a Supplier Showcase, a customized, co-branded web page in Neoforma`s online Plan service. The showcase allows manufacturers and distributors to provide healthcare customers with detailed information about their products and services while building brand value. Neoforma`s Plan service provides interactive content to healthcare providers, planners and designers, helping to reduce the complexities of designing, outfitting and operating facilities.
Eastman Kodak, Kimberly-Clark, Marconi HCP, Shared Service Systems and Standard Textile represent leaders in their product offerings. More information on these companies is provided below.
Eastman Kodak Company
Kodak`s Health Imaging Division develops, manufactures and markets products for the capture, processing, presentation, distribution and printing of health-related images. Kodak`s Health Imaging Division is a leading single-source provider for PACS, radiology information systems, computed radiography, digital radiography, teleradiology, laser imagers, distributed medical imagers and traditional x-ray films and equipment. The Division has annual revenues of more than $2 billion, and has been serving the needs of the healthcare industry for over 100 years.
``We at Kodak`s Health Imaging Division are delighted to be an early partner with Marketplace@Novation. Neoforma is a leader in healthcare e-commerce and we look forward to sharing learnings with them. Together we will provide what our customers have been looking for: information, efficiencies, and innovative products and services,`` said Stu Grossman, director of eBusiness for Kodak`s Health Imaging Division.
Kimberly-Clark
The Kimberly-Clark Health Care business, headquartered in Roswell, Ga., manufactures and markets surgical drapes, gowns, sterilization wrap and pouches, personal protective apparel and face masks, and patient care products. With the acquisition of Safeskin, Kimberly-Clark added disposable gloves to its product portfolio and now offers head-to-toe protection for healthcare workers. The company is also a leader in the medical device field with its Ballard Medical lines of closed suction catheters, enteral feeding tubes and a variety of pain management products. For more information, visit the web site at www.kchealthcare.com.
Marconi Medical Systems` Health Care Products
Marconi Health Care Products, a division of Marconi Medical Systems, is a U.S. market leader in imaging distribution, with more than 20,000 medical imaging supplies and accessories. The medical imaging market encompasses consumable products such as film, chemistry, barium, contrast agents and various accessory items that are used in the imaging departments of hospitals and clinics. Marconi HCP operates 30 distribution centers throughout the United States. Marconi Medical Systems, a part of Marconi plc, is a global supplier of clinically focused medical imaging systems, services and information central to modern patient care. Marconi plc is a global communications and IT company, with more than 49,000 employees worldwide and sales in over 100 countries. It supplies advanced communications solutions and key technologies for the Internet.
``For over 100 years, Marconi has been committed to improving communications. Using Marketplace@Novation to sell HCP supplies and services will help us to better communicate with our hospital customers,`` said Larry Miller, vice president and general manager of Marconi HCP.
Shared Service Systems
With over thirty years of experience, Shared Service Systems works to add value to their customers` businesses through cost effectiveness, superior service and the highest quality products. Shared Service Systems is a distributor of medical/surgical products for acute care facilities. The company offers products, including medical supplies, dietary products, environmental services products, office supplies and linens, from more than 600 manufacturers. Shared Service Systems is located in Omaha, Neb. For more information, visit the web site at www.sharedomaha.com.
Standard Textile
Standard Textile is the nation`s leading manufacturer and distributor of healthcare textiles, apparel, surgical, incontinence care and decorative products. Through its linen management system, Controltex, Standard Textile provides best practices, benchmarking and the largest data warehouse concentrating on the most efficient utilization and distribution techniques for healthcare facilities. Standard Textile`s Research and Development Division is the recognized innovator in creating state of the art materials and fabrics, responding to the healthcare industry`s demand for comfortable, cost effective products. Recently, Standard Textile, in conjunction with Sterile Recoveries Inc., announced a rollout of Surgical Express, a complete solution to streamlining and reducing surgical supply chain costs for all Novation members.
About Neoforma.com, Inc.
Neoforma builds and operates Internet marketplaces that empower healthcare trading partners to optimize supply chain performance. Neoforma uses a reliable, scalable technology platform to provide customized online solutions and services that enable customers to maximize their existing technology and business relationships. Leading group purchasing organizations, manufacturers, distributors, and healthcare providers are choosing Neoforma as their e-commerce partner. For more information, visit the company`s web site at www.neoforma.com.
About Novation
Novation is the supply company of VHA Inc. and the University HealthSystem Consortium, two national healthcare alliances. Based in Irving, Texas, Novation serves the purchasing needs of more than 2,000 members and affiliates of VHA and UHC, as well as more than 5,200 members of HealthCare Purchasing Partners International (HPPI). The largest supply cost management company in healthcare, Novation manages $15 billion in annual purchases for VHA, UHC and HPPI members. For more information on Novation, go to www.novationco.com.
This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. These forward-looking statements include statements related to the anticipated benefits of Neoforma`s agreements with the healthcare organizations, suppliers and distributors. There are a number of technological and business risks that could cause actual results to differ materially from those anticipated by these forward-looking statements. These risks and other risks are described in Neoforma.com`s periodic reports filed with the SEC including its Form 10-K for the year ended December 31, 1999, its Form 10-Q for the quarter ended September 30, 2000 and its Proxy Statement, dated June 29, 2000, relating to the VHA and UHC transactions. Neoforma.com assumes no obligation to update the forward-looking information contained in this news release.
Note to Editors: Neoforma.com, Inc., and www.neoforma.com are trademarks of Neoforma.com, Inc. Other Neoforma.com logos, product names, and service names are also trademarks of Neoforma.com, Inc., which may be registered in other countries. Other product and brand names are trademarks of their respective owners.
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Luft ist schon raus.
NEOF 9:56 AM 2 3/16 +7/16 +25.00% 2 3/32 2 57/64
Da steht er und steht er. Ohne Umsatz
NEOF 9:56 AM 2 3/16 +7/16 +25.00% 2 3/32 2 57/64
Da steht er und steht er. Ohne Umsatz
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