Significant news sales channel QUBEC CITY and MYRTLE BEACH, SC, June 11, 2019 /PRNewswire/ - TSO3 Inc. ("TSO3" or the "Company") (TSX: TOS), an innovator in sterilization technology for medical devices in healthcare settings, is pleased to announce a preferred supplier agreement has been signed with Capstone Health Alliance ("Capstone"), a group purchasing alliance representing close to 300 acute care facilities in 24 states across the United States. Under the terms of the agreement, TSO3 shall be listed as a one of two low temperature sterilizer manufacturers contracted with Capstone to supply members with sterilizers, consumables and service at preferred prices for the duration of the contract which extends until 2021.
Tabitha Calloway, Director of Contracting Services for Capstone Health Alliance stated: "We are excited to partner with TSO3, a vendor partner that shares our commitment to provide innovative solutions that can both improve the standard of care for patients as well as significantly reduce costs and improve efficiency for our members."
"Our unique dual-sterilant sterilization system offers Capstone Health Alliance members many unique capabilities such as large, mixed load capacity, simple single cycle selection offering significant savings per instrument sterilized, and on-label sterilization claims for multi-channeled flexible endoscopes within certain dimensions." stated R.M. (Ric) Rumble, President and CEO of TSO3. "Our technology will support the Capstone Health Alliance members' sterilization needs for today and as they plan for the future."
Capstone Health Alliance is a regional group purchasing alliance of healthcare members that delivers real cost savings through the power of aggregation and collaboration. Based in Fletcher, North Carolina, Capstone represents over $9 billionin acute care supply chain spend. To create the best savings opportunities for our members, we pair Premier's national portfolio with our local aggregation model – blending the best of national and regional contracting – to continually expand our extensive portfolio of more than 750 preferred pricing agreements. Capstone delivers quantifiable savings and actionable data that enable better supply chain decisions for our member facilities. In addition to cost savings initiatives, Capstone members collaborate to share best practices and pursue resource utilization initiatives, all with the intent of improving cost, quality, and outcomes in patient care.