Piedmont Healthcare Taps Procuri for Contract Excellence.

TotalContracts Streamlines Administration, Identifies Opportunity for Savings and Supports HIPAA Compliance

ATLANTA -- Procuri, the global leader in On Demand supply management, today announced that Piedmont Healthcare, one of the largest multi-facility healthcare providers in the Atlanta

Procuri TotalContracts will automate and streamline the healthcare networks' entire contract management process - from initial contract negotiation and authoring to expirations and renewals. The solution will provide every department and authorized stakeholder in the contract management process access to a central and common source of the most up-to-date information on contractual agreements. Users will be able to search contracts, parties and terms, report on contract compliance and performance, and receive automatic alerts in advance of key contract milestones and exceptions.

"With all the suppliers and facilities under management within our organization, staying on top of thousands of diverse contract elements - while ensuring we remain HIPAA-compliant - is a constantly moving target," said Jay Mitchell, EVP and General Counsel for Piedmont Healthcare. "The value that Procuri delivers is significant, from the time it saves us on administration and paper-chasing, to the opportunities it identifies for concrete cost negotiation."

As the parent organization for Piedmont Fayette Hospital, Piedmont Mountainside Hospital, Piedmont Newnan Hospital, the Piedmont Hospital Foundation, Piedmont Physicians Group and the Piedmont Clinic, Piedmont Healthcare oversees thousands of contracts with scores of vendors - supplying everything from floor wax to cafeteria food to lifesaving biomedical equipment.

"When you're dealing in the volume of contracts that Piedmont Healthcare is, the process can be arduous, to say the least. Add a regulatory compliance consideration, and it becomes even more taxing," said Mark Morel, Procuri's president and CEO. "We are happy to help Piedmont make the most of its supplier relationships."

Procuri Supply Management Solutions are in use by more than 360 customers across all geographies, industries and sizes. The Procuri Supply Management Solution Suite includes solutions for spend analysis, strategic sourcing, contract management and supplier management. Procuri also offers advanced portals and dashboards and integration solutions. All Procuri solutions are available as Software-as-as-Service (SaaS), speeding deployment and adoption and eliminating the need for customers to install or maintain costly software or hardware.

About Piedmont Healthcare

Piedmont Healthcare, a not-for-profit organization, is the parent company of Piedmont Hospital, a 458-bed acute tertiary care facility in the north Atlanta community of Buckhead, offering all major medical, surgical and diagnostic services, a recipient of the 2006 and 2007 Distinguished Hospital Award for Patient Safety(TM) according to HealthGrades (a leading healthcare ratings company) and one of the nation's Most Wired hospitals in the 100 Most Wired Survey and Benchmarking Study; Piedmont Fayette Hospital, a 106-bed acute care community hospital in Fayetteville, named one of the nation's 100 Top Hospitals[R] for the fourth year in a row and one of the nation's Most Wired hospitals; Piedmont Mountainside Hospital, a 35-bed community hospital in Jasper; Piedmont Newnan Hospital, a 143-bed community hospital in Newnan; the Piedmont Hospital Foundation; Piedmont Physicians Group, with more than 70 primary care physicians in a network of 21 offices throughout metro Atlanta; and the Piedmont Clinic, a 524-member physician network. For more information, visit www.piedmont.org.

About Procuri Inc.

Procuri leads the On Demand Supply Management industry with more than 360 customers of all sizes, industries, geographies and spend categories. Customers include Eastman Kodak, ITT Industries, KLM Royal Dutch Airlines, The McGraw-Hill Companies, Newell Rubbermaid, Sun Microsystems and Toyota Motor Sales. Procuri's On Demand solutions for spend analysis, supplier management, strategic sourcing, contract management and compliance are comprehensive, cost effective and instantly available. For more information, call 1-877-360-1600 or visit www.procuri.com.

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