Dynatronics Named Contract Supplier To Premier, Inc.
SALT LAKE CITY, Jan. 3, 2011 /PRNewswire/ -- Dynatronics Corporation (Nasdaq: DYNT) today announced a significant milestone with the signing of an agreement with Premier Purchasing Partners, L.P., the group purchasing enterprise of Premier, Inc., naming Dynatronics a contracted supplier of physical therapy products and exercise equipment to Premier's member group of colleges and universities and alternate market facilities.
Premier, Inc. is one of the nation's largest healthcare alliances, helping to improve performance and providing group contracting to more than 2,400 U.S. hospitals and 70,000 healthcare sites nationwide. Owned by hospitals, health systems and other providers, Premier, Inc. provides group purchasing and supply chain services to many of the top colleges and universities and healthcare facilities in the country.
"We are thrilled to be named a contract supplier to Premier's group of colleges and universities," reported Larry K. Beardall, executive vice president of sales and marketing. "This contract represents an important achievement for Dynatronics' involvement in the GPO segment of the market. With this door now open, we will begin work immediately to build relationships with, and seek business from, these important Premier clients."
The three-year agreement with Premier begins March 1, 2011."As one of the largest GPOs in the nation, Premier is a critical conduit for providing medical equipment and supplies to the healthcare industry," stated Kelvyn H. Cullimore, Jr. chairman and president of Dynatronics. "We are honored to be associated with this prestigious organization. This agreement represents a major step forward for Dynatronics and the beginning of what we believe will be a new growth phase for the company. But most importantly, we are anxious to benefit the lives of so many new patients with our physical medicine products." About Premier, Inc. Premier is a performance improvement alliance of more than 2,400 U.S. hospitals and 70,000 healthcare sites using the power of collaboration to lead the transformation to high quality, cost-effective care. Owned by hospitals, health systems and other providers, Premier is headquartered in Charlotte, N.C., with additional offices in San Diego, Philadelphia and Washington. http://www.premierinc.com. About Dynatronics Corp. Dynatronics manufactures, markets and distributes advanced-technology medical devices, orthopedic soft goods and supplies, treatment tables and rehabilitation equipment for the physical therapy, sports medicine, chiropractic, podiatry, plastic surgery, dermatology and other related medical, cosmetic and aesthetic markets. More information regarding Dynatronics is available at www.dynatronics.com. SOURCE Dynatronics Corporation
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