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Luminetx signs supply agreement with MedAssets

Luminetx has signed a three-year supplier contract with MedAssets Supply Chain Systems, a MedAssets company which provides solutions for healthcare providers to improve their margins and cash flow.

Through the deal, MedAssets’s hospital customers will have access to custom group purchasing discounts as they relate to the VeinViewer, Luminetx’s signature product.

Luminetx’s VeinViewer is a vascular imaging system that allows physicians, nurses and other health care professionals to clearly see accessible vasculature in real time.

Rodney Schutt, COO of Luminetx, said: “We knew 2008 would be a significant growth year for our company, and milestones like this contract with MedAssets will play a large role in making that anticipated growth a reality.”