CME, HPS Reach Agreement for In-Demand Equipment, Logistics and Biomedical Services

February 24, 2020

CME Corp (CME) and HPS are are pleased to announce a new agreement that will help hundreds of facilities nationwide reduce the cost of healthcare equipment and increase the efficiencies of maintenance and logistics processes.

HPS has more than 1,400 members in the medical, medical associate and senior living groups that will benefit from this new partnership – making it an ideal partner for CME, which has been expanding rapidly for several years with its brand of equipment sourcing and planning for healthcare facilities. 

Using its nationwide warehousing capabilities and established relationships with more than 1,400 manufacturing partners, CME will provide direct staging, direct-to-site delivery and on-site installation including clean-up. Additionally, CME’s team of biomedical technicians will provide HPS members with maintenance and advanced back-up service needs, supplementing member biomedical teams if desired. At a time when qualified biomedical technicians are at a premium, HPS members will have increased access to the experts at CME.

“We are excited to offer CME’s equipment solutions across the supply-chain to HPS with personalized service and support,” said Don Boone, director, national contracts for CME. “With more and more healthcare facilities coming online every day and financial challenges intensifying, the industry has grown hungry for cost-savings whether it’s through smarter equipment purchasing, a seamless delivery and installation process or longer-term maintenance.”

The agreement spans two years with options to renew two additional two-year periods through 2026.

“With its proven ability to help healthcare facilities during times of change, CME is uniquely suited for our members,” said Kevin Crampton, vice president of Contracting and New Business Development. “As a member-owned GPO, we pride ourselves in the value we add for our members, and this new partnership will accomplish that in the most direct way possible.”

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