July 8, 2010 (FinancialWire) — Stericycle, Inc. (NASDAQ: SRCL), a firm that offers healthcare-related services, has been awarded a new contract with Premier Purchasing Partners, LP, the group purchasing unit of Premier, Inc.

The new national agreement for Stericycle's integrated waste stream Solutions, effective July 1, is available to 2,300 acute care hospital members of the Premier healthcare alliance. The agreement also includes a contract for Stericycle's hazardous waste service and two existing contracts for its renewed services for regulated medical waste and pharmaceutical waste compliance.

Stericycle said it was selected by Premier as its exclusive healthcare waste supplier.

As part of the national agreement, Premier also selected Stericycle as the sole source provider for its ASCEND program (Accelerated Supply Chain Endeavor) that is designed to help healthcare providers achieve and sustain rapid improvements in supply chain performance.

In this agreement, Premier selected Stericycle as the exclusive medical waste supplier of all four services to the 188 ASCEND members.

The North Carolina-based Premier healthcare alliance is more than 2,300 U.S. hospitals and 67,000-plus other healthcare sites working together to improve healthcare quality and affordability. Premier is owned by not-for-profit hospitals.

Illinois-based Stericycle has more than 430,000 customers worldwide, and has operations in North America, Europe, and Latin America.

Real-time, streaming research for companies and funds mentioned in FinancialWire(tm) news is available via the Investrend Research Syndicate (at http://investrend.stocksmart.com/ss/html/hpcompany.html). Current valuation analysis research for companies and funds mentioned in FinancialWire(tm) news is available via the Investrend Research Syndicate (at http://www.valuengine.com/rep/searchsrep?pid=42&srchfor=).

FinancialWire(tm) is committed to serving the financial community through true journalism and providing relevant resources to investors. Standards-based, independent equity research on numerous public other companies is available through the Investrend Research Syndicate (http://www.investrend.com/reports) written by FIRST Research Consortium (http://www.investrend.com/FIRST) member-providers. Free annual reports and company filings for companies mentioned in the news are available through the Investrend Information Syndicate (at http://investrend.ar.wilink.com/?level=279). FinancialWire(tm), in cooperation with the Investrend Broadcast Syndicate, also provides complete, daily conference call and webcast schedules as a service to shareholders and investors via the FirstAlert(tm) Network’s “FirstAlert(tm) Daily” (at http://www.financialwire.net/news-alerts/).

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation from subject entities, companies, equities, or representatives thereof, for its news, opinions or distributions. Further disclosure is posted at the FinancialWire(tm) website (at http://www.financialwire.net/disclosures.php and http://www.financialwire.net/2010/04/23/safe-harbor/). Additional resources for investors are also accessible via the FinancialWire(tm) website (at http://www.financialwire.net/2010/04/23/investor-resources/). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Copyright © MMX, FinancialWire(tm); All rights reserved.

[hlmsmlh] [hlthcrdp] [nwdlsldw] [prfssnlsrvctsrc] [btnwswntb]

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.