Saturday, March 13, 2010

Stryker Completes Acquisition of Ascent Healthcare Solutions

"The acquisition of Ascent Healthcare Solutions will enhance our value proposition by offering our customers one of the most impactful programs in use at hospitals, allowing for significant costs savings to the healthcare system," said Stephen P. MacMillan, Stryker's Chief Executive Officer. "With Ascent as part of Stryker, we will also help divert thousands of pounds of medical waste from landfills while simultaneously redirecting substantial financial resources to patient care quality initiatives."

Ascent helps hospitals act more environmentally responsible and improve the quality of healthcare through more sustainable resource allocations. We do this by reprocessing (cleaning, testing/verifying, packaging and sterilizing) and remanufacturing (disassembling, repairing, and manufacturing) delicate and costly devices that are marketed in North America as "single use" by the original manufacturer and often needlessly thrown away.

We provide the services to our partners needed to realize improved sustainability in medical device use:

* Initial assessment of opportunity to redirect important funds to patient care quality initiatives
* Education of clinical and support personnel
* Establishment and launch of collection programs
* Reprocessing/remanufacturing operations
* Program maintenance
* Supply chain improvement
* Materials Management Information System (MMIS) integration

Our partners include the full range of hospitals from small rural providers, community hospitals and surgery centers to large academic medical centers, integrated delivery networks, and group purchasing organizations. We deliver to our partners—including most of U.S. News & World Report's "Honor Roll" facilities—maximum positive financial and environmental impact through our innovative medical-device reprocessing and remanufacturing services.

Our expertise in advanced medical device technology, science-based quality assurance, and solutions-based clinical implementation, channeled through our unwavering commitment to patient safety and our partners’ success, has made Ascent an undisputed leader in improving patient care through the wise, efficient use of scarce healthcare resources.

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