Owens & Minor Honored With Two Awards From The Premier Healthcare Alliance For Providing Exceptional Value & Operational Excellence To Healthcare Providers

Owens & Minor, Inc. (NYSE: OMI), a FORTUNE 500 company and a leading distributor of medical and surgical supplies to the acute-care market and a healthcare supply-chain management company, announced that it has won two prestigious awards from the Premier healthcare alliance. Owens & Minor, named the sole winner of this year’s Polaris Award, was also a recipient of the Pinnacle Award. The award winners were announced on June 7, 2012, at Premier’s 2012 Annual Breakthroughs Conference and Exhibition, held this year in Nashville, Tennessee.

“Winning these awards over many consecutive years validates Owens & Minor’s ability to provide high quality distribution services to our hospital customers every single day,” said Craig R. Smith, president & chief executive officer of Owens & Minor. “We are honored that Premier and the Premier member hospitals value our services, as much as we value our relationships with them.”

The Premier healthcare alliance recognized Owens & Minor with the following awards:
  • Owens & Minor, for the fourth consecutive year, was named a winner of the annual Pinnacle Award, which honors suppliers that “support attainment of mutual goals, drive contract utilization and are committed to performance improvement.” While Premier contracts with more than 1,000 suppliers, Owens & Minor was one of only 27 suppliers honored with the Pinnacle Award this year.
  • Owens & Minor was the sole winner of this year’s Premier Polaris Award, which the company has won for four consecutive years. The Polaris Award winner is chosen by the Premier members and recognizes the company’s success in aligning contract performance with customer service expectations. The Polaris Award is reserved for Pinnacle supplier winners that also “exceed the qualitative expectations of Premier members by delivering high relationship value and excellent customer service to member hospitals.”
  • For the second year in a row, Owens & Minor won Honorable Mention for the Premier Supplier Diversity Award.

“For years Owens & Minor has supported Premier alliance members as they work to improve healthcare,” said Premier Chief Operating Officer Mike Alkire. “As a winner of the Polaris Award for the past four years and the sole winner for the last two years, we’re confident that they are helping increase safety with cost-effective, quality products. We’re honored to present them the Polaris award again this year, as well as the Pinnacle Award for the fourth consecutive year.”

About the Premier healthcare alliance, Malcolm Baldrige National Quality Award recipient

Premier is a performance improvement alliance of more than 2,600 U.S. hospitals and 84,000-plus other 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 maintains the nation's most comprehensive repository of clinical, financial and outcomes information and operates a leading healthcare purchasing network. A world leader in helping deliver measurable improvements in care, Premier has worked with the Centers for Medicare & Medicaid Services and the United Kingdom's National Health Service North West to improve hospital performance. Headquartered in Charlotte, N.C., Premier also has an office in Washington. http://www.premierinc.com. Stay connected with Premier on Facebook, Twitter and YouTube.

Owens & Minor, Inc., (NYSE: OMI) a FORTUNE 500 company headquartered in Richmond, Virginia, is a leading national distributor of name-brand medical and surgical supplies and a healthcare supply-chain management company. Owens & Minor is also a member of the Russell 2000 ® Index, which measures the performance of the small-cap segment of the U.S. equity universe, as well as the S&P MidCap 400, which includes companies with a market capitalization of $1 billion to $4.4 billion that meet certain financial standards. With a diverse product and service offering and distribution centers throughout the United States, the company serves hospitals, integrated healthcare systems, alternate site locations, group purchasing organizations, healthcare suppliers, and the federal government. Owens & Minor provides technology and consulting programs that improve inventory management and streamline logistics across the entire medical supply chain – from origin of product to patient bedside. For news releases, or for more information about Owens & Minor, visit the company website at www.owens-minor.com.

Copyright Business Wire 2010

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