All statements, other than statements of historical fact, that address activities, events or developments that Honeywell, Premier or their respective management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements.
This release contains certain statements that may be deemed “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. The financial terms of the collaboration were not disclosed and are not expected to materially impact either Honeywell or Premier. With decades of experience in the healthcare space, Honeywell offers a broad portfolio of PPE for the hospital environment, including face shields and respiratory protection, and solutions to improve patient outcomes and enhance the performance of critical medical equipment. Honeywell has a long history of designing and manufacturing head-to-toe safety solutions for workers in challenging environments globally.
Honeywell and Premier are also collaborating to expand access to other healthcare PPE and are including these additional items in Premier’s product offerings for its members. private sector manufacturing innovation and build greater supply chain resiliency – working with members to pursue partnerships with domestic companies that specialize in critical product categories. This collaboration with Honeywell is part of Premier’s long-term strategy to drive U.S. Honeywell will provide additional gloves to S2S Global, Premier’s direct sourcing subsidiary, enabling the sale of domestically produced gloves to other health systems and hospitals across the country.įor more than a decade, Premier has been a leader in direct sourcing, working with manufacturers around the globe to produce high-quality products, including those in short supply.
More than 80 participating Premier member health systems have committed to purchase a certain percentage of the Honeywell gloves for a period of five years. hospitals, clinics and other healthcare providers. The collaboration between Premier and Honeywell is expected to expand access to domestically manufactured exam gloves for U.S. "Throughout the pandemic, our members stepped up to make strategic investments and purchasing commitments, changing the way we source critical products and improving the reliability of supply for employees and patients." "Guided by data to prioritize greatest-need products at scale, our collaboration with Honeywell is another step forward in Premier’s steadfast commitment to protect healthcare providers from shortages, drive supply chain innovation and increase domestic manufacturing of critical products," said Michael J. This relationship helps strengthen Honeywell’s position as a leading provider of healthcare and medical solutions.” "Our N95 respirators are protecting millions of healthcare workers, and now we’re bringing our technical and supply chain management expertise to support another category of essential PPE. "Honeywell and Premier share a commitment to increase the domestic production capacity for safety solutions to help to protect American healthcare workers," said Praveen Reddy, President of Honeywell’s personal protective equipment (PPE) business. As a result, Premier member hospitals reported access to exam gloves as one of their greatest product-related challenges to care for patients, with many implementing glove conservation practices and other precautionary measures to protect supply. Global raw material scarcity, port closures and delays, and increased glove usage as a result of increased hospitalization rates and vaccination efforts have exacerbated ongoing shortages. Since the beginning of the COVID-19 pandemic, the supply of exam gloves has been constrained as global demand skyrocketed – exceeding production capacity by nearly 40 percent. This new collaboration is expected to produce at least 750 million domestically made nitrile exam gloves in the first year alone. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, today announced a new commercial relationship dedicated to expanding the domestic production of nitrile exam gloves. (July 13, 2021) - Honeywell (NASDAQ: HON) and Premier Inc.