Illinois Critical Access Hospital Network Signs Agreement with OSF Healthcare System and Amerinet

Business Wire, Nov 19, 2007

ST. LOUIS -- Amerinet Inc., a leading national health care group purchasing company, through a strategic affiliation with OSF Healthcare System, (OSF) announces a new multi-year agreement to serve as the exclusive group purchasing organization for Illinois Critical Access Hospital Network (ICAHN). Established in 2003, ICAHN shares resources between fifty critical access hospital members throughout the state of Illinois.

"The ICAHN board of directors identified OSF and Amerinet as its purchasing partners after an extensive selection process," stated Pat Schou, executive director of ICAHN. "We chose OSF and Amerinet because they were able to identify immediate cost saving opportunities and offered avenues for direct member input. Both are vital components to our member organizations."

The process included an independent assessment group comprised of chief financial officers and purchasing directors who conducted a thorough assessment to determine which GPO had the greatest ability to save supply and service costs through their contracts.

According to Bob Currey, director of affiliate services for OSF Healthcare System, "The three-year agreement with ICAHN represents a unique partnership for OSF and Amerinet. For more than 20 years, OSF has maintained relationships with many ICAHN members, and I look forward to coordinating the opportunities available through Amerinet and OSF."

Stated Amerinet President, Todd C. Ebert, "I am pleased that ICAHN has elected to partner with Amerinet. We are committed to providing them with outstanding programs, services and tools that will lead to savings for their organizations."

About Amerinet Inc.

Through Total Spend Management Solutions, Amerinet strategically partners with health care providers to improve operating margins by creating efficiencies, reducing costs and identifying new revenue streams.

Supported by a team of clinical, data and supply chain experts, Amerinet offers a suite of tools, programs and services including a comprehensive and competitive portfolio that delivers practical solutions to address members' specific needs.

Based in St. Louis, Mo, with offices in Salt Lake City, Utah, Providence, R.I., and Warrendale, Pa., Amerinet serves more than 24,000 acute and non-acute health care providers nationwide. To learn more, visit www.amerinet-gpo.com.