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Accuray Signs Exclusive Radiation Therapy Solutions Contract With Premier, Inc.

Press releases may be edited for formatting or style | September 09, 2014
Three-Year Agreement Provides Accuray With Access to More Than 3,000 Member Hospitals for the CyberKnife(R) M6(TM) and TomoTherapy(R) HDA(TM) Systems

SUNNYVALE, Calif. (GLOBE NEWSWIRE) - Accuray Incorporated (Nasdaq:ARAY) announced today that it has been awarded a new, exclusive three-year group purchasing agreement with Premier, Inc., covering the CyberKnife® M6™ and TomoTherapy® HDA™ product portfolios. The Accuray and Premier partnership brings together two companies committed to driving improved patient care through meaningful technical innovation.

"Our goal is to help healthcare providers to offer the best treatment option for their patients. The Premier agreement is important because it enables us to partner with a large sales force that has long-standing relationships with hospital-based clinicians and administrators to significantly increase visibility of the CyberKnife and TomoTherapy Systems," said Kelly Londy, executive vice president and chief commercial officer of Accuray.
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Premier has one of the nation's largest group purchasing organizations (GPOs). Under the new contract, Accuray's precise, leading-edge, clinically proven tumor treatments became available starting on September 1, 2014, to Premier member hospitals and providers. Premier unites an alliance of more than 3,000 hospitals and 110,000 other providers, including oncology centers. In addition, the contract provides Accuray with access to key Premier integrated delivery network partners, where Accuray has had limited historical business presence.

"We believe the Premier agreement will provide improved deal visibility to radiation equipment purchasing decisions earlier in the process and, ultimately, result in new opportunities for Accuray equipment and services," said Joshua H. Levine, president and chief executive officer of Accuray. "The partnership also validates our focus on service excellence and technology performance, and demonstrates the confidence the radiation oncology community has in the unique benefits of the CyberKnife and TomoTherapy Systems."

About Premier, Inc.

Premier, Inc. is a leading healthcare improvement company, uniting an alliance of approximately 3,000 U.S. hospitals and 110,000 other providers 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. Premier, a Malcolm Baldrige National Quality Award recipient, plays a critical role in the rapidly evolving healthcare industry, collaborating with members to co-develop long-term innovations that reinvent and improve the way care is delivered to patients nationwide. Headquartered in Charlotte, N.C., Premier is passionate about transforming American healthcare. Please visit Premier's news and investor sites on www.premierinc.com; as well as Twitter, Facebook, LinkedIn, YouTube, Instagram, Foursquare and Premier's blog for more information about the company.

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