November 17, 2008
MEDmarketplace.com Awarded Contract with HealthTrust Purchasing Group to Sell Unused and Excess Hospital Equipment and Supplies
FT. Lauderdale, FL (November 17) --- MEDmarketplace.com announced today that it has been awarded a purchasing agreement by HealthTrust Purchasing Group (HPG). MEDmarketplace.com, headquartered in Florida, provides a web-based exchange for buying and selling of unused and excess medical equipment.
Under the agreement, the 1,400 HPG member acute care facilities as well as ambulatory surgery centers and alternative care sites will have the opportunity to display and sell their unused and excess assets on the MEDmarketplace.com website.
"This contract provides HPG members with an exclusive marketplace to sell, transfer or donate their unused and excess hospital equipment and supplies utilizing our proprietary Progressive Access(TM) technology" said Vincent Baratta, MEDmarketplace.com founder and CEO.
About MEDmarketplace.com
MEDmarketplace.com—the world’s largest on-line marketplace for selling hospital equipment—provides innovative, cost effective and revenue generating services to hospitals and alternative care facilities. MEDmarketplace.com is ranked number 1 in hospital equipment, medical equipment, and medical supplies, among other related terms, on all major search engines. These rankings have helped to solidify the Company’s status as the leading global medical marketplace for healthcare facilities, providers and consumers searching for medical equipment and supplies. Ziegler HealthVest Partners, LP is the lead institutional investor in MEDmarketplace.com.
About HealthTrust Purchasing Group, LP
HealthTrust Purchasing Group, headquartered in Brentwood, Tenn., is a group purchasing organization that supports nearly 1,400 not-for-profit and for-profit acute care facilities, as well as ambulatory surgery centers, physician practices and alternate care sites. With an annual purchasing volume by its members of more than $15 billion, HealthTrust is committed to obtaining the best price for clinically-recommended products, ensuring their timely delivery and continuously evaluating and improving its services to the patients, physicians and clinicians it serves. HealthTrust is located at 155 Franklin Road, Suite 400, Brentwood, TN 37027. The Web site is www.healthtrustpg.com.
About Ziegler HealthVest Partners, LP
Ziegler HealthVest Partners, LP, based in Milwaukee, WI, is a venture capital fund that invests in early-to-middle stage healthcare services, healthcare information technology and wellness companies. They are the lead institutional investor in MEDmarketplace.com. The Ziegler Companies, Inc. (symbol: ZGCO) is a growth-oriented boutique investment banking and investment services firm.
Press Contact:
Contact: Tom Armor
Company: MEDmarketplace.com
Phone: 954-491-5111
Email: tom.armor@medmarketplace.com
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