Members to Gain Critically Needed Cost Savings and Efficiencies
CME Corp., the largest equipment-only distributor of healthcare products in the United States, has been added as a provider by MAGNET GROUP, a cooperative buying group with 9,000 members in 20 states plus the District of Columbia.
The three-year contract will extend through December of 2023, bringing cost savings and efficiencies to MAGNET GROUP members, which represent not only healthcare organizations but also non-healthcare entities such as municipalities and universities. CME will offer access to 2 million products from more than 2,000 manufacturers distributed by CME nationwide. In addition, CME’s direct-to-site “White Glove Services” and technical services will be available to MAGNET GROUP members.
Besides providing extensive medical equipment options, CME is known for its special “White Glove Services” that bring the products direct-to-site and include receiving, inspecting, warehousing, assembling, and installing the equipment. CME also can provide biomedical services, asset tagging, and repairs.
“This new contract with MAGNET GROUP comes at a time when healthcare organizations are scrambling to acquire more medical equipment than ever before,” said Don Boone, director, national contracts, for CME. “Together, CME and MAGNET GROUP can bring down their costs and provide unmatched logistical efficiencies with our White Glove Services.
“Further, our industry has seen that biomedical technicians are at a premium and the ability to access our CME experts will be a tremendous asset for MAGNET GROUP members,” Boone added.
About CME Corp
CME Corp. is the nation’s premier source for healthcare equipment, turnkey logistics, and biomedical services, representing 2 million + products from a total of more than 2,000 manufacturers. With 35 + service centers, our mission is to help healthcare facilities nationwide reduce the total cost of the equipment they purchase, make their equipment specification, delivery, installation, maintenance, and disposition processes more efficient, and help them seamlessly launch, renovate, and expand on schedule.
About MAGNET GROUP
MAGNET GROUP is one of the oldest and most experienced group purchasing organization (GPO) in the country, serving approximately 9,000 members. Founded in 1979, MAGNET GROUP is “your other GPO” for simple secondary sourcing of capital and small medical equipment, facilities-related products, select medical supplies and various services. MAGNET GROUP members choose from over 200 no-hassle GPO contracts – without volume compliance or bundled services issues – and never pay membership dues or fees.
Chief Strategy Officer CME Corporation