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Olympus Receives Capstone Health Alliance Innovative Partner Award

Olympus Recognized for Driving Value in Group Purchasing Alliance

CENTER VALLEY, Pa., (November 7, 2018) – Olympus, a global technology leader in designing and delivering innovative solutions for medical and surgical procedures, among other core businesses, announced today that it is the recipient of the Innovative Partner Award from Capstone Health Alliance. The award, recently presented at the Capstone Health Alliance’s Annual Forum in Myrtle Beach, SC, recognizes suppliers that bring opportunities to Capstone Health Alliance members and support the Capstone mission by delivering continuous value through aggregation, collaboration and innovation.

“We are proud to receive this award, which is evidence of Olympus’ ability to offer enterprise-wide solutions to reduce costs, improve quality of care and enhance patient outcomes,” said Jay Sullivan, Group Vice President of Enterprise Solutions for Olympus America Inc. “Our aim is to work with our partners to continue to transform the future of healthcare.”

“We consider Olympus’ proactive and consistent approach to supporting our members – not only in acute care but in the entire continuum of care – as worthy of this recognition,” said Robin Lincoln, Senior Vice President of Contracting Operations for Capstone Health Alliance. “We look forward to our continued relationship, and congratulate the Olympus team for their exceptional work to improve the quality of healthcare.”

Comprised of over 250 hospitals and health systems from the east coast to the mid-west, Capstone Health Alliance is a regional group purchasing alliance of healthcare members that delivers cost savings through the power of aggregation.

Olympus was one of four suppliers recognized with the award from a field of more than 375 suppliers on contract with Capstone Health Alliance. The selection process for the award begins with a list of qualified suppliers who are elected for the award by a vote of alliance members.

To learn more about Olympus Enterprise Solutions, please call 1-800-848-9024 or visit us at http://medical.olympusamerica.com.

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About Olympus Medical Systems Group
Olympus is a global technology leader, crafting innovative optical and digital solutions in medical technologies; life sciences; industrial solutions; and cameras and audio products. Throughout our nearly 100-year history, Olympus has focused on being true to society and making people’s lives healthier, safer and more fulfilling.

Our Medical Business works with health care professionals to combine our innovative capabilities in medical technology, therapeutic intervention, and precision manufacturing with their skills to deliver diagnostic, therapeutic and minimally invasive procedures to improve clinical outcomes, reduce overall costs and enhance quality of life for patients. For more information, visit medical.olympusamerica.com.

About Capstone Health Alliance
Capstone Health Alliance is a regional group purchasing alliance of healthcare members that delivers real cost savings through the power of aggregation and collaboration. Based in Asheville, North Carolina, Capstone represents over $9 billion in acute care supply chain spend. To create the best savings opportunities for our members, we pair Premier's national portfolio with our local aggregation model - blending the best of national and regional contracting - to continually expand our extensive portfolio of more than 700 preferred pricing agreements. Capstone delivers quantifiable savings and actionable data that enable better supply chain decisions for our member facilities. In addition to cost savings initiatives, Capstone members collaborate to share best practices and pursue resource utilization initiatives, all with the intent of improving cost, quality, and outcomes in patient care.