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University HealthSystem Consortium Chooses SciQuest to Optimize Medical Research Procurement
Date:10/9/2007

Partnership with SciQuest will Save Time and Money

OAK BROOK, Ill. and CARY, N.C., Oct. 9 /PRNewswire/ -- The University HealthSystem Consortium (UHC), an alliance of academic medical centers and their affiliated partners, and SciQuest, a provider of e-procurement technology and services for academic and research-centric organizations, today announced a partnership to provide organizations participating in UHC's new Medical Research Procurement Program with a robust, easy-to-use procurement engine to streamline the purchase of research goods. UHC's membership includes 105 National Institutes of Health grant recipients that together purchase more than $2.5 billion in research supplies each year. Through this partnership, UHC medical research affiliates will realize significant savings via spending on pre-negotiated contracts, and can elevate their institutions to a higher level of financial and operational performance.

"The University of Chicago has been utilizing the SciQuest solution for its university research spending for more than four years and has realized increasingly significant contract-spend savings," said Gene Suwanski, procurement director for The University of Chicago and member of UHC's Medical Research Center Steering Committee. "Implementation of this technology is lagging in the medical research side of our industry, and I applaud UHC for recognizing the need and bringing it to the community of academic medical researchers."

"We are always looking for opportunities to better serve our members and affiliated organizations, and help them achieve performance excellence," said John Cunningham, UHC's vice president, supply chain. "While group purchasing support for medical and surgical purchases exists across the industry, medical research centers struggle to bring their research spend under management. UHC turned to SciQuest to leverage its expertise in contract compliance as well as its relationships with suppliers in
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