Exeter, NH – November, 2018 – Vapotherm, Inc. (Vapotherm) has been awarded a new group purchasing agreement for Active Humidification Devices and Accessories with Premier Healthcare Alliance, L.P. (“Premier”) that will extend the existing business relationship between the two parties. Effective November 1, 2018, the new agreement allows Premier members to take advantage of special pricing and terms pre-negotiated by Premier for Vapotherm’s Hi-VNI® Technology. Vapotherm products deliver mask-free non-invasive ventilation for spontaneously breathing patients.
“We are pleased to partner with Premier,” said Joe Army, CEO of Vapotherm. “We look forward to working with Premier on our mutual mission to reduce cost of care and improve outcomes.”
Vapotherm’s Precision Flow® systems provide Hi-VNI Technology for the fast, safe treatment of undifferentiated respiratory distress including hypoxia, hypercapnia and dyspnea. Hi-VNI Technology is a form of mask-free non-invasive ventilatory support and reduces the risks and care complexities associated with mask-based respiratory support. While being treated, patients can, talk, eat, drink and take medication.
Premier, Inc. is a leading healthcare improvement company, uniting an alliance of approximately 4,000 U.S. hospitals and health systems and 165,000 other providers and organizations to transform healthcare. With integrated data and analytics, collaboratives, supply chain solutions, and advisory and other services, Premier enables better care and outcomes at a lower cost.
Vapotherm, Inc. (NYSE: VAPO) is a global medical technology company based in Exeter, New Hampshire that is focused on the development and commercialization of its proprietary Hi-VNI Technology products that are used to treat patients of all ages suffering from respiratory distress. The company develops innovative, comfortable, non-invasive technologies for respiratory support of patients with chronic or acute breathing disorders. Over 1.5 million patients have been treated with Vapotherm Hi-VNI Technology.
For more information, visit www.vapotherm.com.
Contact: Lise Halpern, VP Marketing. 603-658-0011, LHalpern(at)vtherm.com