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Press ReleasesFrom the vault of Vendormate

Five Hospitals Choose Vendormate for Procurement Compliance and Vendor Management

Atlanta, GA January 10, 2007 – Vendormate, the procurement compliance experts, closed out 2006 sales by signing five major new hospital accounts in December, totaling over 2600 beds and 25,000 vendors. Vendormate provides hospital and business clients with credentialing and compliance-monitoring services to manage their vendor relationships.

The five new Vendormate accounts are:

Munroe Regional Medical Center, Ocala, FL with 421 beds.
Named one of America’s top hospitals by Money Magazine. Recognized by JCAHO as the only primary stroke center in North Central Florida.

John Muir Medical Center, Walnut Creek, CA with 321 beds and Concord, CA with 259 beds.
Preeminent center for cancer and cardiac care, including open heart surgery and interventional cardiology.

Southeast Georgia Health System, Brunswick, GA with 316 beds and St. Marys, GA with 40 beds.
Services eight counties in southeast Georgia.

Mission Hospital, Asheville, NC with 800 beds.
Regional referral center for western North Carolina and the adjoining region.

Phoebe Putney Memorial Hospital, Albany, GA with 443 beds.
Services twenty six counties in southwest Georgia.

“Hospitals and health care systems have a special need for a reliable central repository for all the vital information they are now required to assemble and maintain for every vendor,” said Andy Monin, Vendormate CEO, “It’s gratifying to see the enthusiasm with which healthcare procurement and compliance officers are embracing our solution.”

The company has perfected proprietary software for vendor registration, screening, rating, and cataloging. The program assures compliance with both internal policies and government mandates, including HIPAA and Stark Law. Vendormate captures all critical vendor information in a private labeled consolidated system, provides a service that registers and screens them based on public records and government watch lists, ensures compliance using the institution’s own criteria, indexes them based on UNSPSC categories, and then provides continuous monitoring. For more information on Vendormate call 877-483-6368 or go to www.vendormate.com.