"Cardinal Health and Owens & Minor contracts threaten customers with prohibitive financial penalties and other disincentives if they don't agree to include suture and endomechanical products in their orders," said Brian Forsythe, CEO of Suture Express.
"We have an innovative business model that addresses the unique distribution challenges of specialty surgical products," Forsythe
Express aggregates national demand for these specialty products, carefully monitors the supply and demand characteristics for each unique product, and stocks virtually every product in the category at its secure Midwest distribution center.
By focusing specifically on suture and endomechanical product distribution, Suture Express
can provide efficient, cost-effective, overnight delivery of the highly specialized products in these categories."
As a result, Suture Express helps reduce overall healthcare costs, according to Forsythe
Hospitals supplied by Suture Express
spend less on procurement and minimize the amount of staff time required to ensure doctors have the products they need.
In addition, the company can virtually eliminate the wait hospitals might face for products the broad-based distributors don't stock, according to Forsythe
, making the entire supply chain more efficient.
"In filing this case, we're asking the court to ensure a level playing field so customers don't face financial disincentives for choosing innovative specialty distributors like Suture Express," Forsythe