> HDMA Testifies
      Supporting HR5839

> HDMA Applauds
      Introduction of
      HR 5839

> HDMA Applauds
      NCPA, FBI LEEDA and
      Purdue Pharma

> HDMA Commends
      California Board of
      Pharmacy Decision

> New Data Management
      & Sharing Research
      Now Available!


print page

 

 

 

Contact:
Amanda Forster, HDMA, 703-885-0225
aforster@hdmanet.org

AMERISOURCEBERGEN, PURDUE PHARMA, VALUECENTRIC WIN IBUSINESS SOLUTION AWARDS AT HDMA’S 2005 DISTRIBUTION MANAGEMENT CONFERENCE & EXPO

Arlington, Va., June 15, 2005 – Honoring the use of innovative technology to streamline operations and improve business efficiencies, the Healthcare Distribution Management Association (HDMA) presented its iBusiness Solution Awards to AmerisourceBergen Corp., Purdue Pharma, L.P. and ValueCentric, LLC. The Awards were presented today at the HDMA 2005 Distribution Management Conference & Expo (DMC) in Orlando, Fla.

“These HDMA member companies have adopted sophisticated technology solutions that enhance productivity, drive process improvements and create additional value for customers,” said John M. Gray, HDMA President and CEO. “This year’s iBusiness Solution Award winners are leading the way in business innovation.”

In the distributor category, the iBusiness Solution Award was presented to AmerisourceBergen Corporation for adopting new software technology to automate management of contract and chargeback processes. Using the software, AmerisourceBergen reports more efficient and accurate record tracking; improved productivity and more efficient resource balancing; greater visibility into key performance indicators; and reduced turnaround time for contract and chargeback reconciliations.

In the manufacturer category, Purdue Pharma L.P. was honored with the iBusiness Solution Award for using RFID tags to track individual product units through the supply chain. Using RFID tags, Purdue Pharma has been able to generate e-pedigrees for all tagged items, effectively improving supply chain visibility. RFID technology also has improved efficiency, allowing Purdue and its trading partners to effectively “read” information contained on RFID tags sealed in a densely-packed carton in less than five seconds.

In the affiliate category, ValueCentric, LLC won the iBusiness Solution Award for its ValueTrak Application Service, a secure, hosted subscription service for managing and monitoring the terms of business partner agreements. The service utilizes electronic data interchange (EDI) transaction sets to assess business partner performance as well as forecast future demand, monitor sales, improve order management and dynamically report information to channel partners.

About HDMA

The Healthcare Distribution Management Association (HDMA) and its members are committed to patient safety by delivering life-saving health products and services through a secure and efficient healthcare distribution system. These primary healthcare distributors, representing more than 90 percent of the distribution system, are responsible for ensuring that billions of units of medication are safely delivered -- to tens of thousands of retail pharmacies, nursing homes, clinics and providers -- in all 50 states. For more than 125 years, HDMA and its members have been the vital link in the healthcare system that is responsible for medicine safety, quality, integrity and availability in the marketplace. Through leadership on public policy and industry best practices, HDMA and its members focus on providing value, removing costs and developing innovative solutions to deliver care safely and effectively.
 
© Copyright Healthcare Distribution Management Association.
All rights reserved.
HDMA: M | C | D