Thursday, October 13, 2005

B. BRAUN MEDICAL INC. AND AESCULAP, INC. JOIN GLOBAL HEALTHCARE EXCHANGE: Enables healthcare providers to purchase B. BraunÂ’s full line of healthcare products online, improving supply chain efficiencies

B. BRAUN MEDICAL INC. AND AESCULAP, INC. JOIN GLOBAL HEALTHCARE EXCHANGE: Enables healthcare providers to purchase B. BraunÂ’s full line of healthcare products online, improving supply chain efficiencies

B. Braun Medical Inc. has joined the Global Healthcare Exchange, LLC (GHX) as an equity member. As a leading safety company in health care, providing a full line of IV therapy, critical care, anesthesia, and other healthcare products, B. Braun will help advance GHXÂ’s goal to improve procurement processes for hospitals and healthcare providers.

Westminster, CO and Bethlehem, PA (PRWEB) June 8, 2002

B. Braun Medical Inc. is proud to announce it has joined the Global Healthcare Exchange, LLC (GHX) as an equity member. As a leading safety company in health care, providing a full line of IV therapy, critical care, anesthesia, and other healthcare products, B. Braun will help advance GHXÂ’s goal to improve procurement processes for hospitals and healthcare providers. Aesculap, Inc., a leading worldwide supplier of surgical instruments, and an affiliate company of B. Braun, is also subscribing to the GHX exchange through B. Braun.

Caroll Neubauer, CEO of B. Braun Medical Inc., said, “We are very enthusiastic that B. Braun will be able to provide our safety products to our customers online, facilitating a more efficient supply chain process through GHX. Moreover, this new process will help us in our mission to provide innovative, cost-effective products designed with a goal of improving both patient and healthcare worker safety.” Needle sticks and Preventable Adverse Drug Events cost the healthcare system billions annually.

“We are excited to welcome a company with the reputation in safety and innovation of B. Braun to our team of strategic equity members. Suppliers like B. Braun are key to our mission of reducing procurement costs across the entire healthcare supply chain, from manufacturer to distributor to hospital,” said GHX President, Mike Mahoney.

Created exclusively for the healthcare industry, GHXÂ’s Web-based technology is designed to connect hospitals to a normalized, verified industry-standard catalog from which they can purchase both medical and non-medical products. Key to GHXÂ’s solution is its flexibility in connectivity options for all its members, along with the creation and on-going maintenance of its online catalog based on industry standards. Together, these deliverables assure hospitals access to the most reliable pricing, availability, and order tracking information.

About B. Braun Medical Inc.

B. Braun is a leading full line supplier of healthcare products dedicated to helping its customers achieve excellence in safety through its People, Products, and Programs safety initiative.

B. Braun is committed to delivering innovative products and programs with unmatched quality, superior technology, and cost-effective solutions, while maintaining environmental responsibility.

B. Braun’s longstanding tradition of expertise and progress has set a clear example of excellence in the global marketplace. B. Braun continues to set new standards of care through its product development -- promoting best practices with the continuous improvement of safety. For more information, call Customer Service at 1-800-227-2862 or visit B. Braun at www. bbraunusa. com. B. Braun – Working Together for Excellence in Safety™.

About Aesculap, Inc.

Aesculap is a leading worldwide supplier of surgical instruments. Aesculap designs and markets surgical instrumentation and implants for Neurosurgery, Microsurgery, ENT, Plastic and Reconstructive, Thoracic, Micro-vascular, Cardiovascular, Orthopedic, Laparoscopic and general surgeries and Central Processing. Aesculap is a member of the B. Braun family of healthcare companies. For more information, please contact Customer Service at 1-800-282-9000 or visit the Aesculap website at www. aesculap-usa. com.

About Global Healthcare Exchange

Global Healthcare Exchange, LLC (GHX) is an Internet-based trading exchange from which hospitals can purchase both medical and non-medical products more easily, quickly, and accurately than ever before. GHX is building a normalized, verified industry standard catalog, which will take advantage of deep connectivity between GHX, hospitals, and suppliers to improve efficiencies and add value throughout the healthcare supply chain. The privately held company was founded in March 2000 and its membership now includes more than 100 supplier members and over 800 hospital members, representing over 100 integrated delivery networks (IDNs) and independent hospitals.

In addition to B. Braun, other equity owners of GHX include Johnson & Johnson; GE Medical Systems; Baxter International, Inc.; Abbott Laboratories; Medtronic, Inc.; AmerisourceBergen Corporation; Becton, Dickinson & Co.; Boston Scientific Corporation; Cardinal Health, Inc.; C. R. Bard, Inc.; Fisher Scientific International Inc.; Guidant Corporation; McKesson Corporation; Siemens Medical Solutions and Tyco International, Ltd. For more information visit www. ghx. com.

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