Cambridge Memorial Hospital, a key hospital in the heart of one of Canada's fastest growing regions, has expanded its membership in Medbuy, a national healthcare group purchasing organization, to pharmaceuticals after realizing 17% savings on the purchase of medical/surgical supplies and services in the first year of membership.

November 12, 2009

Responding to the emerging needs of the Ontario healthcare market, Medbuy Corporation, Canada's leading healthcare Group Purchasing Organization, and Mohawk Shared Services' Mohawk Supply Chain Services Division, southern Ontario's most progressive Shared Services Organization, today announced plans to work more closely together to accelerate identified savings potential for their joint Member healthcare facilities.

Medbuy Endorses Global Supply Chain Standards to Enhance Patient Safety, Reduce Costs

In a move that will have a major impact on driving efficiencies and reducing costs in the healthcare supply chain, Medbuy and HealthPRO, two of Canada's most prominent group purchasing organizations, have affirmed their commitment to driving the adoption of GS1 global standards with their members. Global standards improve efficiency and visibility in supply chains, and will enable Medbuy and HealthPRO to advance their respective mandates for maximizing value and providing value-added services to their members.

Medbuy to Develop Bilingual Service Offering

As a part of its commitment to Member service and adding value to healthcare organizations across Canada, Medbuy will begin to offer several services in both English and French in the next year.

Medbuy Offrira Des Services Bilingues

Dans le cadre de son engagement envers les services aux membres et la valeur ajoutée dans les organismes de soins de santé à l'échelle du Canada, Medbuy commencera à offrir plusieurs services en français et en anglais l'an prochain.

Medbuy awards Pharmacy contracts that will save Members more than $90 million over the next three years

Medbuy Members will realize significant cost savings on pharmaceutical products as a result of more than 58 recently awarded contracts that were a part of one of the largest sourcing initiatives in Medbuy's nearly 20-year history.

Members to realize up to 30% savings with new Medbuy contracts for office products

Medbuy Members recently re-awarded three contracts to Corporate Express Canada for stationery products, bond paper and toner that will result in tremendous savings to Member hospitals over the next five years.

Medbuy hospital and healthcare organizations will save an average of up to 30% across the three agreements as compared to pricing from the previous contracts. The new stationery contract alone contains 10,428 line items (or products) - the largest ever Medbuy initiative by number of SKUs - and represents up to a 24% price decrease.

Medbuy forges first-in-Canada partnership with leading supply chain optimization company to bring substantial savings to Canadian healthcare organizations

Canadian healthcare organizations looking to maximize their supply chain savings just got a shot in the arm today thanks to a newly formed partnership between Medbuy Corporation and MedAssets Analytical Systems.