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Angeion’s Medical Graphics Business Awarded National Group Purchasing Contract By The Premier Healthcare Alliance

Angeion Corporation (NASDAQ: ANGN) announced that it has been awarded a three-year contract with Premier Purchasing Partners L.P., the group-purchasing unit of Premier Inc. of Charlotte, NC and a leading performance improvement alliance for healthcare providers. The agreement is for Angeion’s complete line of MedGraphics® cardiorespiratory diagnostic systems, including related supplies and services. Effective July 1, 2011, Premier members will have direct access to specially negotiated pricing and terms for MedGraphics systems that diagnose heart and lung disorders while in their earliest stages and monitor therapy across the spectrum of care for such conditions as heart failure or asthma and other forms of chronic obstructive pulmonary disease (COPD).

“We are proud to have been selected to supply Premier members for the next three years with our full line of cardiorespiratory diagnostic systems and services,” said Phil Smith, Angeion’s President and Chief Executive Officer. “This agreement will provide Premier’s broad base of members easier access to our innovative technologies and world-class services while at the same time, offering them a greater array of options to achieve successful outcomes and effective care management for their patients.”

MedGraphics provides essential clinical information to healthcare professionals through non-invasive cardiorespiratory assessment to improve care of patients in leading hospitals, clinics, and physician offices throughout the U.S. and in more than 75 countries around the world.

MedGraphics’ portfolio extends from:

  • Basic spirometry tests (breath flow and volume) to advanced diagnostic pulmonary function assessments (breathing mechanics and effectiveness of gas transport from the lungs into the circulation system);
  • Exercise assessment in rehabilitation and therapeutic monitoring centers for assessing respiratory and cardiac capacity to perform activities of daily living; and
  • Respiratory measurements combined with caloric assessment to determine appropriate nutritional requirements for patients in critical care/cardiac units.

All of MedGraphics products incorporate information management and connectivity solutions for electronic medical record systems to improve workflow and enhance data access.

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