MUNDELEIN, Ill.--(BUSINESS WIRE)--Medical supplier Medline Industries, Inc. and Beacon Health System, Inc. today announced that Medline has been selected as the exclusive distribution partner of the health system’s Elkhart General Hospital, Inc., Memorial Hospital of Sound Bend, Inc. and Beacon Medical Group, Inc., in a $90 million deal. The Midwest-based system serves patients throughout Northern Indiana and Southwestern Michigan.
Medline is providing Beacon’s entities with an extensive portfolio of healthcare products and clinical solutions that will better position the system to meet its clinical needs and simultaneously manage costs. By utilizing Medline’s online reporting tool called Medline INSIGHT, Beacon will have the ability to easily monitor key metrics such as item utilization, contract compliance, price accuracy and spend by product categories. The deal is expected to save Beacon at least $1.4 million annually in distribution and inventory efficiencies over the five year agreement.
“Our agreement with Medline allows us to streamline our supply chain through one supplier to support all of Beacon Health System,” says Greg Piper, executive director of supply chain, Beacon Health System. “By assisting our standardization efforts and creating a multitude of other efficiencies throughout the system, we are confident Medline will help us drive down costs throughout our organization.”
With more than 40 distribution centers strategically located across the country, Medline can easily meet the delivery demands of Beacon Health’s locations throughout Indiana in a responsible and efficient way.
“Medline is committed to providing superior service and support to Beacon Health System as their exclusive distribution partner,” says Adam Swearingin, vice president, corporate sales, Medline.
As the nation's largest privately held manufacturer and distributor of quality medical supplies and services, Medline offers healthcare products and services that drive value through tailored solutions across the continuum of care. Named one of the country’s "Best and Brightest Companies to Work For,” the company is headquartered in Mundelein, Ill. and has more than 1,200 dedicated sales representatives to support its broad product line and cost management services. For more information on Medline, go to www.medline.com or http://www.medline.com/social-media to connect with Medline on a variety of social media channels.
About Beacon Health System, Inc.
Beacon Health System is the nonprofit parent organization of Elkhart General Hospital, Inc., Memorial Hospital of South Bend, Inc. and Beacon Medical Group, Inc., providing world-class care throughout North Central Indiana and Southwestern Michigan. Both Elkhart General Hospital and Memorial Hospital have ranked among the top five percent in the nation for patient safety in recent years. For more information, visit https://beaconhealthsystem.org.