SAN JOSE, Calif.--(BUSINESS WIRE)--DFINE, Inc., the developer of minimally invasive radiofrequency (RF) targeted therapies for the treatment of vertebral pathologies, today announced that the company has been awarded a national group purchasing organization (GPO) contract with the Premier healthcare alliance.
The three-year national contract becomes effective July 1, 2012. The agreement will provide Premier members specially negotiated pricing and terms to DFINE’s StabiliT® Vertebral Augmentation System, the most advanced treatment for vertebral compression fractures (VCFs). The StabiliT System harnesses the power of RadioFrequency Targeted Vertebral Augmentation (RF-TVA™) to repair VCFs resulting from instability due to osteoporosis or cancer. DFINE is one of only two companies to be awarded a contract to provide a VCF treatment modality to Premier members under their new agreement.
“This is our largest agreement in terms of contract coverage, and we are excited to establish this new partnership with Premier,” said Kevin Mosher, Chief Executive Officer of DFINE. “We believe this agreement is a further testament to the clinical performance of StabiliT, which provides physicians greater control in the treatment of VCFs through site-and size-specific cavity creation, delivery of ultra-high viscosity bone cement with extended working time, and a unique, remotely controlled cement delivery system to minimize the physician’s radiation exposure.”
Premier operates one of the nation’s largest GPOs as a healthcare performance improvement alliance, representing thousands of hospitals and imaging centers nationwide, as well as tens of thousands of physicians’ offices and surgery centers. Premier is dedicated to providing its members with access to the highest quality and most cost-effective healthcare options. A number of criteria are considered during the identification, review, and selection of a new product or technology by Premier members, including quality, safety, clinical impact and physician preference.
About DFINE, Inc.
DFINE is dedicated to relieving pain and improving the quality of life for patients suffering from vertebral pathologies through innovative, minimally invasive therapies. The company’s devices are built on an extensible radiofrequency (RF) platform that currently covers two procedural applications:
- The treatment of vertebral compression fractures (VCFs) with the StabiliT® Vertebral Augmentation System, and
- The palliative treatment of metastatic vertebral body lesions with the STAR™ Tumor Ablation System.
Both systems represent generational advancements in the minimally invasive treatment of vertebral pathologies. DFINE is based in San Jose, Calif. and is a privately held company. Stay connected with DFINE via Twitter or YouTube. For more information visit http://www.dfineinc.com
About the Premier Healthcare Alliance
Premier is a performance improvement alliance of more than 2,600 U.S. hospitals and 81,000-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. Premier is headquartered in Charlotte, N.C. Stay connected with Premier on Facebook, Twitter and YouTube.