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CHF Solutions Awarded Premier Purchasing Partners Agreement

Posted on: Tuesday, 11 November 2008, 09:00 CST

CHF Solutions has finalized an agreement with Premier Purchasing Partners, LP, one of the largest healthcare group purchasing organizations in the United States. Under this agreement, a new category, Aquapheresis(TM) Therapy Products, has been created for CHF Solutions' products, which are immediately available to the 2,000 hospitals and 53,000-plus other healthcare sites of the Premier Healthcare Alliance.

"We see an exciting strategic alignment between the clinical outcomes achieved with Aquapheresis therapy and Premier's focus on improving outcomes and reducing costs to treat heart failure patients," said David Springer, President and Chief Executive Officer of CHF Solutions. "Clinical studies and experience have proven Aquapheresis therapy provides superior clinical outcomes for heart failure patients with fluid overload, while reducing the length of hospital stays and costly readmissions."

"Our Purchasing Partners sourcing team continually seeks innovative new products for member agreements to accelerate clinical and financial performance," said Kelly Hofstatter, Clinical Director of Cardiovascular Services for Premier, Inc. "We believe that Aquapheresis therapy can help do just that."

CHF Solutions' Aquapheresis therapy is a method to safely and effectively remove the excess salt and water in patients with fluid overload. Currently, Aquapheresis is available at more than 250 leading medical centers and outpatient clinics worldwide. To date, more than 15,000 patients have received this therapy.

About Premier Inc., 2006 Malcolm Baldrige National Quality Award Recipient

Serving more than 2,000 U.S. hospitals and 53,000-plus other healthcare sites, the Premier healthcare alliance and its members are transforming healthcare together. Owned by not-for-profit hospitals, Premier operates one of the leading healthcare purchasing networks and the nation's most comprehensive repository of hospital clinical and financial information. A subsidiary operates one of the nation's largest policy-holder owned, hospital professional liability risk-retention groups. A world leader in helping healthcare providers deliver dramatic improvements in care, Premier is working with the United Kingdom's National Health Service North West and the Centers for Medicare & Medicaid Services to improve hospital performance. Headquartered in San Diego, Premier has offices in Charlotte, N.C., Philadelphia and Washington. For more information, visit www.premierinc.com.

About CHF Solutions, Inc.

CHF Solutions, based in Brooklyn Park, Minn., is a privately held manufacturer of medical devices for cardiac care. The company's mission is to provide medical practitioners with innovative and practical solutions that enable the treatment of patients with unmet clinical needs. For more information, go to www.chfsolutions.com.

Source: Business Wire

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