WAYNE, Pa.--(BUSINESS WIRE)--Dec. 12, 2017--
Teleflex Incorporated (NYSE: TFX), a leading global provider of medical
technologies for critical care and surgery has announced that its
respiratory division has signed a new group purchasing agreement with
HealthTrust. The Respiratory Heaters & Accessories agreement (HPG-6071)
which became effective December 1, 2017, covers Teleflex’s full line of
Active Humidification, Non Invasive Ventilation (NIV), and High Flow
Nasal Cannula Therapy (HFNCT) products.
The new agreement provides HealthTrust’s more than 400 member hospitals
with access to Teleflex’s wide range of humidification products,
including the Hudson RCI® Neptune® Heated
Humidifier with ConchaSmartTM Technology and ISO-Gard® Heated
Wire Circuit Technology, and the recent introduction of Comfort Flo®
Plus High Flow Nasal Cannula. HFNCT has been growing at a rate of
20% year on year. This important therapy has been shown to improve
patient outcomes and reduce 90-day mortality rates compared to NIV and
Standard Oxygen Therapy.1
This contract complements the existing General Respiratory Agreement
(HPG-184). Unique to Teleflex, these two contracts provide HPG members
an opportunity to consolidate their respiratory purchases with one
supplier.
“Teleflex is pleased to offer such an extensive line of humidification
and respiratory products to the HealthTrust membership,” said James
Ferguson, President Respiratory and Latin America, Teleflex. “Teleflex
is well positioned to offer a full suite of respiratory solutions to the
clinical community demonstrating our commitment to expand access to
technology that helps clinicians improve outcomes while reducing overall
healthcare costs.”
About Teleflex Incorporated
Teleflex is a global provider of medical technologies designed to
improve the health and quality of people’s lives. We apply
purpose-driven innovation – a relentless pursuit of identifying unmet
clinical needs – to benefit patients and healthcare providers. Our
portfolio is diverse, with solutions in the fields of vascular and
interventional access, surgical, anesthesia, cardiac care, urology,
emergency medicine and respiratory care. Teleflex employees worldwide
are united in the understanding that what we do every day makes a
difference. For more information, please visit teleflex.com.
Teleflex is the home of Arrow®, Deknatel®, Hudson
RCI®, LMA®, Pilling®, Rüsch®
and Weck® – trusted brands united by a common sense of
purpose.
About HealthTrust
HealthTrust (legally known as Healthtrust Purchasing Group, L.P.) is
committed to strengthening provider performance and clinical excellence
through an aligned membership model and the delivery of total cost
management solutions, including supply chain solutions and a contract
and service portfolio unparalleled in quality, scope and value.
HealthTrust (www.healthtrustpg.com)
serves more than 1,400 acute care facilities and members in 22,600 other
locations, including ambulatory surgery centers, physician practices,
long-term care and alternate care sites. Headquartered in Brentwood,
Tenn., HealthTrust is closely integrated with the proven capabilities of
Parallon Business Solutions, LLC (www.parallon.com),
a leading provider of healthcare business and operational services,
including revenue cycle management, workforce and technology solutions.
On Twitter @healthtrustpg and @parallonconnect.
Forward-Looking Statements
Any statements contained in this press release that do not describe
historical facts may constitute forward-looking statements. Any
forward-looking statements contained herein are based on our
management's current beliefs and expectations, but are subject to a
number of risks, uncertainties and changes in circumstances, which may
cause actual results or company actions to differ materially from what
is expressed or implied by these statements. These risks and
uncertainties are identified and described in more detail in our filings
with the Securities and Exchange Commission, including our Annual Report
on Form 10-K.
Teleflex, the Teleflex logo, Arrow, Comfort Flo, ConchaSmart,
Deknatel, Hudson RCI, LMA, Neptune, Pilling, Rüsch, and Weck are
trademarks or registered trademarks of Teleflex Incorporated or its
affiliates, in the U.S. and/or other countries.
© 2017 Teleflex Incorporated. All rights reserved. MC-003960
References:
1. Frat JP, Thille AW, Mercat A, et al.
High-flow oxygen through nasal cannula in acute hypoxemic respiratory
failure. N Engl J Med. 2015: DOI: 10.1056/NEJMoa1503326
View source version on businesswire.com: http://www.businesswire.com/news/home/20171212005142/en/
Source: Teleflex Incorporated
Teleflex Incorporated
Jake Elguicze
Treasurer and Vice
President, Investor Relations
610-948-2836