This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Medical Action Industries Inc. Awarded National IV Site Management And Ascend Agreement With The Premier Healthcare Alliance

Medical Action Industries Inc. (NASDAQ:MDCI), a leading provider of disposable medical and surgical products, today announced that it has been awarded a 36-month contract with Premier Purchasing Partners, L.P., the group purchasing unit of Premier Inc., for its IV Site Management products. Effective December 1, 2010, this new agreement offers Medical Action a unique opportunity for minor procedure kits and trays and includes a sole source component for Premier’s ASCEND members. ASCEND (Accelerated Supply Chain Endeavor) is designed to help the participating healthcare providers achieve and sustain rapid improvements in supply chain performance.

As a market leader in minor procedure kits and trays, Medical Action offers a comprehensive portfolio of kit configurations that assist healthcare providers with maintaining consistency of protocol, implementing clinical practices that create greater efficiencies, and minimizing the risk for hospital acquired conditions such as infections. In addition, Medical Action has an established history of strategic partnerships with industry leading companies so that hospitals and healthcare institutions will have access to cost effective brand components. Medical Action is committed to developing innovative solutions that lead to improved clinical and economic outcomes and enhanced patient care.

“We are very excited about this award as it demonstrates how much progress we have made in gaining the trust and confidence of Premier, a valued customer. The fact that we are the recipient of not only a national award but also the sole source ASCEND agreement, underscores our presence as a value added supplier and a market leader in minor procedure kits and trays. We are committed to exceeding customer expectations through the leadership of our newly formed Executive Healthcare Services team and dedicated clinical sales professionals,” stated Paul D. Meringolo, CEO and Chairman of the Board of Medical Action Industries Inc. “The high level of compliance in these facilities will enable us to deliver maximum economic outcomes,” Meringolo added.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $95.18 1.60%
FB $117.44 -0.95%
GOOG $692.33 -0.84%
TSLA $232.12 -4.00%
YHOO $36.02 -1.40%


Chart of I:DJI
DOW 17,750.91 -140.25 -0.78%
S&P 500 2,063.37 -18.06 -0.87%
NASDAQ 4,763.2240 -54.37 -1.13%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs