Cook Medical renews contract with large purchasing network

Cook Medical (Bloomington, IN) recently announced the renewal of a contract that supplies its urology products to more than 2,500 U.S. hospitals.

The renewed contract, which began on Jan. 1, 2012, provides hospitals that are part of Premier, Inc., a large purchasing network, with Cook’s line of endourologic products, including Cook-exclusive products such as the Resonance Metallic Ureteral Stent, the NGage Nitinol Stone Extractor, and the Bigopsy Backloading Biopsy Forceps.

Cook said its contracts reduce the need for hospitals to use multiple vendors, saving time and money when managing inventory. A hospital contracting with Cook recently reported more than 50% in cost savings, the company said in a statement.

"Cook is very pleased to be continuing this partnership with Premier," said Jean-Marc Creissel, of Cook’s urology division. "This contract is a great example of the way industry can work with purchasing groups to meaningfully impact the rising costs of health care."

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