New Agreement Expands Opportunities for Company to Supply Medical Gases to Healthcare Facilities
June 20, 2016 Lehigh Valley, Pa.
Air Products (NYSE:APD) recently signed a supplier contract agreement with Vizient, Inc., the largest member-owned healthcare company in the country representing over $100 billion in annual healthcare purchasing. Becoming an approved Vizient supplier gives Air Products the opportunity to supply its medical gases at negotiated pricing to Vizient’s membership of academic medical centers, pediatric facilities, community hospitals, integrated health delivery networks, and non-acute healthcare providers who access the Vizient contract portfolio.
“We are pleased to be aligned with a trusted organization like Vizient,” said Sheryl Caswell, Air Products’ senior account manager, Medical. “We look forward to serving new customers with our usual high quality and reliability of service and showing them that with Air Products as their medical gas supplier, they can count on getting the medical gases they need, at the required purities, with worry-free service.”
Air Products supplies medical gas customers from over 30 production facilities across the U.S., offering a variety of safe and reliable delivery options to match each customer’s specific requirements. For small-volume users, Air Products offers its CryoEase® microbulk solutions, which eliminate the hassle of cylinder handling and change-out. For large-volume customers, the company provides traditional bulk liquid and gas supply. Air Products gas experts can help customers determine the most economical supply option for their particular application and geographic location.
Air Products is a leading supplier to the healthcare industry in many countries around the world. The company has been providing medical oxygen to hospitals since 1947 and is the largest supplier of helium and cryogen fill services for MRI in North America. Air Products is also the world’s largest helium supplier and has recently strengthened the security of its supply by building a first-of-its-kind plant in Doe Canyon, Colo., that extracts helium from a gas stream comprised primarily of carbon dioxide, as well as winning a long-term helium supply contract from the RasGas Helium 3 plant in Qatar.
For more information about Air Products’ complete portfolio of products and services for the healthcare industry, visit www.airproducts.com/medical.
About Air Products
Air Products (NYSE:APD) is a world-leading Industrial Gases company celebrating 75 years of operation. The company’s core Industrial Gases business provides atmospheric and process gases and related equipment to manufacturing markets, including refining and petrochemical, metals, electronics, and food and beverage. Air Products is also the world’s leading supplier of liquefied natural gas process technology and equipment. The company’s Materials Technologies business serves the semiconductor, polyurethanes, cleaning and coatings, and adhesives industries.
The company had fiscal 2015 sales of $9.9 billion and is ranked number 288 on the Fortune 500 annual list of public companies. Approximately 19,000 employees in 50 countries strive to make Air Products the world’s safest and best performing Industrial Gases company, providing sustainable offerings and excellent service to all customers. For more information, visit www.airproducts.com.
NOTE: This release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the Company’s Form 10K for its fiscal year ended September 30, 2015.