Teleflex Signs New Agreement With HealthTrust For Port Closure Products

WAYNE, Pa.--()--Teleflex Incorporated (NYSE: TFX), a leading global provider of medical devices for critical care and surgery, has announced a new group purchasing agreement with HealthTrust covering Teleflex Incorporated’s Weck EFx® Portfolio of Port Closure products. The agreement becomes effective August 1, 2015.

Weck EFx Port Closure Products from Teleflex are designed to allow surgeons to provide fast, safe closure of laparoscopic port sites with a range of options that suit their procedural and institutional needs. The new Weck® EFx Shield™ Fascial Closure System is the only shielded port closure device, providing enhanced sharps protection for safe, uniform, and consistent fascial closure, and is designed with:

  • A unique shielded wing for enhanced sharps protection
  • Intuitive wing deployment
  • An innovative fascial closure technique with unassisted suture retrieval

“Teleflex has built a comprehensive port-site closure portfolio created around the need for increased patient safety, procedural efficiency and reduced cost," said John Tushar, president and general manager, Teleflex Surgical. "Teleflex's latest innovation, the Weck EFx Shield Fascial Closure System, introduces the industry's first and only shielded device for enhanced patient safety. We are pleased to sign an agreement with HealthTrust and have the opportunity to bring these solutions to its members."

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 1,350 acute care facilities and members in more than 15,000 other locations, including ambulatory surgery centers, physician practices, long-term care and alternate care sites. Headquartered in Brentwood, Tennessee, 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.

About Teleflex Incorporated

Teleflex is a leading global provider of specialty medical devices for a range of procedures in critical care and surgery. Our mission is to provide solutions that enable healthcare providers to improve outcomes and enhance patient and provider safety. Headquartered in Wayne, PA, Teleflex employs approximately 12,200 people and serves healthcare providers worldwide. For additional information about Teleflex please refer to www.teleflex.com.

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, EFx Shield, Weck, and Weck EFx are trademarks or registered trademarks of Teleflex Incorporated or its affiliates.
© 2015 Teleflex Incorporated. All rights reserved. MC-001480

Contacts

Teleflex Incorporated
Jake Elguicze
Treasurer and Vice President, Investor Relations
610-948-2836
jake.elguicze@teleflex.com
www.teleflex.com

Release Summary

Teleflex Signs New Agreement With HealthTrust For Port Closure Products

Contacts

Teleflex Incorporated
Jake Elguicze
Treasurer and Vice President, Investor Relations
610-948-2836
jake.elguicze@teleflex.com
www.teleflex.com