PORTLAND, Ore., March 17, 2015 /PRNewswire/ -- HemCon
Medical Technologies, Inc. ("HemCon"), a wholly owned subsidiary of
TriStar Wellness Solutions(R), Inc. (OTCQB: TWSI) and a leading
developer and marketer of advanced wound care products, announced
today that HemCon has joined aptitude LLC the healthcare
industry's first direct contracting market. Today, aptitude has
over 1,000 hospitals that benefit from reducing the online platform
that reduces the contract cycle time by 50% by automating key
components of the process. HemCon has added its full product line
to aptitude and hopes to introduce new customers by using the user
friendly interface and quick turn around on contracts. HemCon plans
to continue to grow its portfolio online, which will be beneficial
to all current and prospective HemCon customers. Adding an
additional way to take its products to market supports HemCon's
continuing expansion into the hospital market.
Logo - http://photos.prnewswire.com/prnh/20150316/181954LOGO
Logo - http://photos.prnewswire.com/prnh/20150316/181955LOGO
Michael Wax, CEO of HemCon,
remarked, "We are pleased to join aptitude and participate in their
innovative cost reduction supply model. The agreement to offer our
products to hospitals through aptitude was timely and fluid. We are
confident that this fast growing technology based platform will
continue to grow rapidly and help add to our market reach."
"We are excited that HemCon has decided to join the aptitude
market place. We anticipate that our healthcare providers will be
very excited to build new and expand existing committed contracts
relationships with HemCon through aptitude's innovative market
approach," said Troy Kirchenbauer,
General Manager of aptitude LLC.
About HemCon Medical Technologies
HemCon Medical
Technologies Inc., founded in 2001, develops, manufactures, and
markets innovative technologies for hemostatic devices for the
control of bleeding resulting from trauma or surgery. HemCon
products are designed for use by military and civilian first
responders as well as medical professionals in hospital and
clinical settings where control of bleeding are of critical
importance. HemCon is headquartered in Portland, Ore. The Company has subsidiaries in
Ireland and the Czech Republic. For more information, please
visit www.hemcon.com.
About TriStar Wellness Solutions
TriStar Wellness
Solutions®, Inc. (OTCQB:TWSI) is a health and wellness company that
targets opportunities in the advanced wound care marketplace.
TriStar is the owner of HemCon Medical Technologies Inc., a company
dedicated to saving lives through innovative wound care
solutions.
About aptitude:
As healthcare's direct contracting
market, aptitude LLC is meeting the evolving demands of today's
healthcare organizations. Hospitals and suppliers are intrigued by
how aptitude re-imagines the contracting model and provides the
driving force for a more logical market in which both parties can
achieve mutually beneficial, committed purchasing relationships for
a better value proposition for both. Today, hospitals and suppliers
have a combined $15 billion in
purchasing power and are experiencing an average savings of 10 to
15 percent.
Forward-Looking Statement
This press release for
TriStar Wellness Solutions®, Inc. contains forward-looking
statements. Generally, you can identify these statements because
they use words like "anticipates," "believes," "expects," "future,"
"intends," "plans," and similar terms. These statements reflect
only our current expectations. Although we do not make
forward-looking statements unless we believe we have a reasonable
basis for doing so, we cannot guarantee their accuracy and actual
results may differ materially from those we anticipated due to a
number of uncertainties, many of which are unforeseen, including,
among others, the risks we face as described our filings with the
Securities and Exchange Commission. You should not place undue
reliance on these forward-looking statements which apply only as of
the date of this press release. To the extent that such statements
are not recitations of historical fact, such statements constitute
forward-looking statements that, by definition, involve risks and
uncertainties. In any forward-looking statement where we express an
expectation or belief as to future results or events, such
expectation or belief is expressed in good faith and believed to
have a reasonable basis, but there can be no assurance that the
statement of expectation of belief will be accomplished.
Contact:
Stephanie Wiegman
Tel: (503) 245-0459
Email
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/hemcon-joins-aptitude-llc-for-direct-contracting-value-300050939.html
SOURCE TriStar Wellness Solutions