Sterile Concepts Holdings, Inc. Signs Agreement to Supply Custom Procedure Trays to VHA's Network

Strategic Insights -

Sterile Concepts Holdings, Inc., a leading provider of custom procedure trays, has signed an agreement to supply custom procedure trays to VHA Inc.'s network of 1,300 healthcare organizations. This agreement is significant for Sterile Concepts, as it allows them to broaden their customer base and provide high-quality, low-cost products to VHA's individual network members. According to a recent survey, Sterile Concepts ranked near the top in customer satisfaction and meeting customer requirements among VHA materials managers and O.R. directors.

Key Takeaways:

  • Sterile Concepts Holdings, Inc. has signed an agreement to supply custom procedure trays to VHA Inc.'s network of 1,300 healthcare organizations.
  • The agreement provides VHA organizations with the opportunity to work with a custom tray assembler that is not wed to a specific manufacturer, offering flexibility in the healthcare supply chain.
  • Sterile Concepts has a strong reputation among VHA materials managers and O.R. directors, with a recent survey ranking them near the top in customer satisfaction and meeting customer requirements.
  • The company has entered the custom procedure tray market since 1982 and has become the second-largest provider of surgical and clinical custom procedure trays to hospitals and surgery centers in the United States.
  • Approximately 10,000 unique tray configurations representing 19,000 individual disposable products are sold annually to about 2,300 customer accounts.

Statistics:

  • VHA's network of 1,300 healthcare organizations purchases more than $190 million worth of custom procedure trays annually.
  • Sterile Concepts supplies over $35 million worth of custom procedure trays to VHA institutions annually.
  • The company had revenues of $146.8 million in the fiscal year ended September 30, 1995.
  • VHA provides information, products, and services to over 1,300 health care organizations nationwide, including 21% of the nation's community hospitals.
  • VHA's health care organizations annually purchase over $6 billion worth of supplies and services through VHA's supply chain management program.

Sources:

  • Sterile Concepts Holdings, Inc.
  • VHA Inc.
  • Noonan-Russo Communications, Inc.