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Standard Register Signs Multi-Year Agreement to Serve HealthTrust Purchasing Group

Press release from the issuing company

DAYTON, Ohio--July 15, 2004-- Standard Register announced that it has signed an enhanced renewal of a three-year national agreement with HealthTrust Purchasing Group (HPG) as the only contracted forms management company for standard and custom documents. Additionally, HPG's member hospitals and clinics will have access to Standard Register's entire portfolio of products, programs and services, including print on demand and copying services, e-procurement solutions and consulting. The contract, effective July 1, is valued at $40 million annually. "This agreement reflects HealthTrust Purchasing Group's confidence in Standard Register as a true thought partner, as well as their confidence in us to implement the best value proposition to its members," said Dennis Rediker, Standard Register's president and chief executive officer. "We share their vision of delivering solutions that help streamline processes and improve efficiencies, and are committed to helping HPG and its customers achieve superior patient care while reducing costs." Standard Register serves thousands of healthcare organizations including five of the top seven healthcare group purchasing organizations. Leveraging its deep expertise, innovative solutions, Six Sigma capabilities and leading technology, it is helping healthcare organizations enhance efficiency, accuracy and security, while achieving their cost savings and patient care objectives.