Standard Register Co. (SR) News

Related Symbols:  

Related Topics:  


 May 1, 2007 - 07:28 AM PST
Print Email Article Font Down Font Up
Standard Register Earns a Top Supplier Award From MedAssets Supply Chain Systems for a Third Year

DAYTON, Ohio, May 1 /PRNewswire-FirstCall/ -- For the third consecutive year, Standard Register (NYSE: SR) was named a 2006 Platinum Supplier by MedAssets Supply Chain Systems, the St. Louis-based group purchasing and supply chain services company. MedAssets Supply Chain Systems is a subsidiary of MedAssets, Inc., an organization focused on improving the financial well- being of healthcare providers.

The award was presented on April 12th at the 2007 MedAssets Healthcare Business Summit in Las Vegas, NV. The Platinum Vendor award recognizes outstanding suppliers and is based on improving customer savings and customer satisfaction, filing reports and submitting fee schedules in a timely manner, and continuous growth in purchase volume.

'MedAssets Supply Chain Systems values the relationship we have with our suppliers,' stated Nadia LaFlam, director, Administrative Services, MedAssets Supply Chain Systems. 'Together, we can lower the supply costs of our customers and directly and positively impact their bottom line. Standard Register provides exceptional value to our customers nationwide, and they deserve to be recognized for their contributions to the healthcare industry.'

MedAssets Supply Chain Systems serves more than 1,500 hospitals and 25,000 non-acute care healthcare providers. Standard Register has served their clients for more than 33 years. Its revenues with MedAssets Supply Chain Systems have grown by 45 percent over the last three years.

'Standard Register is proud to accept MedAssets' highest supplier award,' says Dave Freshwater, director of group purchasing operations. 'We share their passion for helping healthcare providers operate more efficiently and effectively, and we're committed to working with their clients to help them achieve their business goals.'

About Standard Register

Standard Register (NYSE: SR) is a premier document services provider, trusted by professionals in healthcare and other industries to manage the critical documents they need to thrive in today's competitive climate. Relying nearly 100 years of industry expertise, Lean Six Sigma methodologies and leading technologies, the company helps organizations increase efficiency, reduce costs, mitigate risks, grow revenue and meet the challenges of a changing business landscape. It offers document and label solutions, technology solutions, professional services and print supply chain services to help clients manage documents across their enterprise. More information is available at http://www.standardregister.com.

About MedAssets

MedAssets partners with healthcare providers to improve operating margins and cash flow while supporting quality of care goals. MedAssets implements integrated solutions to address the greatest opportunities for financial and process improvement and drives performance in revenue cycle, supply chain and clinical service line management. MedAssets is a business partner to more than 2,400 hospitals and 25,000 non-acute care healthcare providers. For more information, go to http://www.medassets.com.

SOURCE Standard Register