Agreement Worth an Estimated $30 Million Over Three Years
CHICAGO, March 11 /PRNewswire/ -- AmeriNet, one of the nation's leading
health care group purchasing organizations, has signed a three-year purchasing
contract with W.W. Grainger, Inc. (NYSE: GWW), North America's leading
distributor of maintenance, repair, and operating (MRO) supplies. Over the
course of the agreement, which becomes effective April 1, 1998, AmeriNet
expenditures with Grainger are expected to reach more than $30 million.
"Our agreement allows AmeriNet member facilities to simplify purchasing
processes, standardize products and reduce inventory," says Wes Clark, Group
President of Grainger.
Brian Murphy, Director of AmeriNet's ValuHealth/ValuQuip Operations, says,
"Our new contract with Grainger provides two cost-saving options designed to
meet each member's specific purchasing needs."
The contract provides AmeriNet members with an option between a committed
purchasing program and a voluntary program for products from Grainger that
represent the majority of a hospital's maintenance, housekeeping and safety
supply requirements.
AmeriNet is one of the country's largest group purchasing organizations
with members located throughout the United States. Founded in 1986, AmeriNet,
headquartered in St. Louis, MO, operates through its three shareholders:
Hospital Shared Services, Intermountain Health Care, Inc., and Vector
Healthsystems. Its combined membership in all 50 states is in excess of 7,500
facilities, representing more than 353,500 beds -- approximately one-third of
the nation's licensed health care beds. For more information about AmeriNet,
visit the company's Web site at http://www.amerinet-gpo.com.
W.W. Grainger, Inc. (GWW), with 1997 sales of $4.1 billion, is the leading
distributor of maintenance, repair, and operating (MRO) supplies and related
information to the commercial, industrial, contractor, and institutional
markets in North America. GWW shares are traded on the New York and Chicago
stock exchanges.
SOURCE W.W. Grainger, Inc.
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Related links:
http://www.amerinet-gpo.com
CONTACT:
Michael Perlman of Porter Novelli,
312-856-8827, for W.W. Grainger, Inc.
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