Interrad Medical Awarded HealthTrust Contract for Its SecurAcath Catheter Securement Device

Agreement brings access to the only subcutaneous catheter securement system to more than 1,400 new customers

PLYMOUTH, Minn.--()--HealthTrust, a healthcare group purchasing and total cost management solutions company has awarded Interrad Medical a contract for its SecurAcath catheter securement device. Effective November 12, 2013, the agreement makes the SecurAcath available to the more than 1,400 not-for-profit and for-profit acute care facility members served by HealthTrust.

The SecurAcath offers a low catheter dislodgement rate which will decrease catheter replacement costs. The SecurAcath increases efficiency by decreasing the time required to secure, maintain and remove catheters. The SecurAcath lasts the life of the catheter and does not need to be replaced weekly. The device design allows for improved catheter site cleaning and minimizes catheter movement which may reduce catheter-related infections. Finally, the SecurAcath is sutureless, therefore, eliminating the potential for costly needle stick injuries that can occur when suturing catheters.

About Interrad Medical, Inc.
Plymouth, Minn.-based Interrad Medical, Inc. is a developer, manufacturer and marketer of medical devices, designed for minimally-invasive interventional and surgical procedures. The Company was founded by practicing Interventional Radiologist and Interrad Medical Chairman and Chief Medical Officer, Michael Rosenberg, M.D. For more information, visit www.securacath.com.

This press release contains forward-looking statements. The Company wishes to caution the reader of this press release that actual results may differ from those discussed in the forward-looking statements and may be adversely affected by, among other things, risks associated with litigation, clinical trials, the regulatory approval process, reimbursement policies and commercialization of new technologies.

About HealthTrust Purchasing Group
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 1,400 acute care facilities, 800 ambulatory surgery centers and members in more than 10,600 other locations including physician practices, long-term care and alternate care sites. Headquartered in Brentwood, Tenn., HealthTrust is closely integrated with the provider-proven capabilities of Parallon (www.parallon.com) which include revenue cycle and business process expertise, workforce and technology solutions.

Contacts

Interrad Medical, Inc.
Jeff Killion, 763-225-6699
Chief Marketing Officer
jeff@interradmedical.com

Contacts

Interrad Medical, Inc.
Jeff Killion, 763-225-6699
Chief Marketing Officer
jeff@interradmedical.com