PharMEDium to be Provider of HealthTrust Hospitals' Outsourced Compounded Pharmacy Preparations

Saturday, August 23, 2008 General News
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BRENTWOOD, Tenn., and LAKE FOREST, Ill., Aug. 22 HealthTrust Purchasing Group, LP (HealthTrust) and PharMEDium Services, LLC,today announced an agreement under which PharMEDium will serve as a supplierof outsourced compounded pharmacy preparations for HealthTrust's acute-carehospitals.

(Logo: http://www.newscom.com/cgi-bin/prnh/20051202/PHARMEDIUMLOGO)

The agreement applies to the full line of outsourced compounded drugpreparations supporting more than 1,300 acute-care hospitals withinHealthTrust, including HCA, Triad, HMA, Community Health Systems, Consorta andLifepoint. PharMEDium, the leading provider of outsourced hospital pharmacyI.V. compounded solutions, currently services thousands of hospitals acrossthe United States.

"We are excited to add PharMEDium's outstanding record of quality,customer service and experience to our organization and its hospitals," saidJohn Romano, AVP Pharmacy National Agreements, [HealthTrust]. "PharMEDium isthe leader in its field, and its expertise aligns with our commitment tosuperior patient care that is supported by market-leading suppliers."

"This partnership marks a significant milestone for PharMEDium," saidDavid Jonas, PharMEDium Chairman and CEO. "To work at this level with anorganization of HealthTrust's reputation, one that shares our values aroundquality, safety, and leadership, is tremendous."

About HealthTrust Purchasing Group, LP HealthTrust Purchasing Group,headquartered in Brentwood, Tennessee, is a group purchasing organization thatsupports over 1300 not-for-profit and for-profit acute care facilities, aswell as ambulatory surgery centers, physician practices, and alternate caresites. With an annual purchasing volume by its members of more than $13billion, HealthTrust is committed to obtaining the best price for clinically-recommended products, ensuring their timely delivery and continuouslyevaluating and improving its services to the patients, physicians andclinicians it serves.

About PharMEDium Services, LLC

PharMEDium is the leading provider of pharmacy outsourced sterile IVcompounding services. PharMEDium is a nationwide network of state licensedand federally registered compounding centers providing trusted and innovativesolutions to thousands of hospitals throughout the United States. State-of-the-Art admixture services are supported by the industry leading onlinepurchasing system including an electronic 222 controlled substance orderingsystem. PharMEDium is managed by licensed pharmacists and staffed bycertified technicians; the company complies with all applicable state laws andFDA regulations, including USP Chapter 797, and DEA requirements.

SOURCE PharMEDium Services, LLC


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