AmerisourceBergen : PharMEDium Announces Sole Source Agreement Renewal with Heat...

LAKE FOREST, IL (June 30, 2017) - PharMEDium Services, LLC, a part of AmerisourceBergen, today announced the renewal of its sole source agreement with HeathTrust Purchasing Group LP, through March 31, 2020. The agreement enables PharMEDium to continue providing outsourced pharmacy compounding and admixture services to HealthTrust member facilities.

HealthTrust Purchasing Group, headquartered in Brentwood, Tennessee, is a group purchasing organization that supports nearly 1,600 not-for-profit and for-profit acute care facilities, as well as 26,000 ambulatory surgery centers, physician practices and alternate care sites. With an annual purchasing volume by its members of more than $30 billion, HealthTrust is committed to obtaining the highest quality clinically recommended products, ensuring their timely delivery, and continuously evaluating and improving its services to the patients, physicians and clinicians it serves.

'This contract extension continues our long standing partnership with HealthTrust in providing value to its members through our broad contract portfolio as we work jointly to provide the highest quality compounded sterile preparations to the customers that we serve,' said Jenn Adams, President of PharMEDium.

About AmerisourceBergen

AmerisourceBergen provides pharmaceutical products, value-driving services and business solutions that improve access to care. Tens of thousands of healthcare providers, veterinary practices and livestock producers trust us as their partner in the pharmaceutical supply chain. Global pharmaceutical manufacturers depend on us for services that drive commercial success for their products. Powered by our 19,000 associates, we are united in our responsibility to create healthier futures. AmerisourceBergen is ranked #11 on the Fortune 500, with more than $146 billion in annual revenue. The company is headquartered in Valley Forge, Pa. and has a presence in 50+ countries. Learn more at amerisourcebergen.com.

About PharMEDium

PharMEDium, a part of AmerisourceBergen, is the nation's leading provider of hospital-outsourced, ready to use sterile admixture services. Our commitment to advancing patient safety is embodied through enhanced labeling, packaging and bar coding designed to help reduce the potential for medication errors. PharMEDium serves over 3,000 acute care hospitals and ambulatory surgery centers nationwide through four centers located in Tennessee, Mississippi, Texas, and New Jersey. Our state-of-the-art 503B Outsourcing Facilities are registered with the FDA and licensed by the states. Highly trained and qualified personnel adhere to rigorous quality standards and applicable cGMPs using only FDA-approved sterile drugs and FDA-cleared sterile containers in our preparations. As a trusted partner to our hospital customers, PharMEDium reliably and consistently meets their need for customized, ready to use admixtures essential to their on-going operations. For more information, please visit www.pharmedium.com.

About HealthTrust

HealthTrust (Healthtrust Purchasing Group, L.P.) is committed to strengthening provider performance and clinical excellence through an aligned membership model and the delivery of total spend management advisory solutions that leverage our operator experience, scale and innovation. HealthTrust (http://healthtrustpg.com) serves over 1,600 acute care facilities and members in more than 26,000 other locations, including ambulatory surgery centers, physician practices, long-term care and alternate care sites. On Twitter@healthtrustpg.