Cardinal Health has launched a line of orthopedic technology to serve hospitals and surgical centers, providing them with orthopedic products through the company's medical distribution platform.
"Based upon our market and customer research, we believe that U.S. healthcare providers are ready to support a simpler, more transparent, fair priced orthopedic business model," said Lisa Ashby, president of category management at Cardinal Health. "We believe our unique blend of product and distribution expertise positions us well to help our orthopedic customers drive cost-effectiveness and efficiency."
The Cardinal Health Orthopedic Solutions offering comprises three key components: products, supply chain services, and data analytics. This model, according to the company, allows customers to buy medical devices through Cardinal Health, reducing ordering costs and on-hand inventory. The company claims that the data analytics tools will allow hospitals and surgery centers to have better visibility to their total orthopedic procedural spending
To support the Cardinal Health Orthopedic Solutions model, the company also introduced a specialized version of its ValueLink Par Optimization program to help reduce trauma implant inventory inside hospitals' central processing area, as well as a strategic partnership with trauma products provider Emerge Medical. Emerge trauma products, including cannulated screws, drill bits and guide wires, will be purchased through and distributed by Cardinal Health. According to Cardinal Health, these industry standard trauma products will be available at a 30 to 50 percent savings compared with other currently available products. The terms of the purchase agreement were not disclosed.
"We're very excited to be entering into an exclusive distribution partnership with Cardinal Health so our customers can benefit from Emerge's high-quality, fair-priced trauma products and Cardinal Health's efficient supply chain network," said John Marotta, CEO of Emerge Medical. "Together we will provide a low-cost trauma solution that will drive simplicity and transparency to this pressured healthcare environment."
Cardinal Health is based in Dublin, Ohio, while Emerge Medical is headquartered in Denver, Colo.