DripDrop Awarded Oral Rehydration Agreement With Premier, Inc.
SAN FRANCISCO, Oct. 7, 2014 /PRNewswire/ -- Today, DripDrop, the first great tasting oral rehydration solution (ORS), announced it has been awarded a group purchasing agreement with Premier, Inc., within its IV-Therapy Category. Effective September 1, 2014, the six-year agreement allows Premier members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Premier for DripDrop's Oral Rehydration Solution.
"DripDrop is pleased to partner with Premier to offer our revolutionary medical-grade hydration solution to its network of healthcare providers," said Doug Wolf, DripDrop's CEO. "Life-saving ORS solutions have been available to healthcare practitioners for years, but they all taste like seawater. DripDrop cracked the taste code, meaning it tastes similar to a sports drink, while maintaining the efficacy of ORS. As a result, we predict DripDrop will improve patient compliance, drive broad scale adoption of oral rehydration, and dramatically lower the cost of treating dehydration in healthcare facilities."
Developed by a Mayo Clinic-trained physician, DripDrop treats and prevents dehydration resulting from vomiting, diarrhea and excessive sweating. Its patented formula contains 25 percent more electrolytes than pediatric alternatives, and has been shown in a clinical study to hydrate 34 percent better than water, and 20 percent more effectively than a sports drink. DripDrop conforms to the World Health Organization's formula as an ORS, but is different in one important aspect – it tastes good.
Oral Rehydration Therapy (ORT) is an intervention endorsed by the American Medical Association, the Centers for Disease Control, and the World Health Organization. It is a modality that has been shown to improve quality of care, and decrease direct and indirect costs, such as nursing time, needle stick injuries, and administrative time. Oral Rehydration Solutions have been shown to be as effective as intravenous (IV) therapy in treating 80 percent of dehydration cases.
About DripDrop
DripDrop is the first Oral Rehydration Solution (ORS) to combine medical standards of rehydration therapy and excellent taste. Our patented scientific formula improves upon international ORS standards, while maximizing both taste and efficacy. DripDrop's innovative formula has been adopted early on by an elite group of users including Stanford University Medical Center, The Mayo Clinic, UCSF Medical Center, leading national pharmacies, US Special Forces, Olympians and top-flight athletes. For more information, visit www.dripdrop.com.
About Premier, Inc.
Premier, Inc. is a leading healthcare improvement company, uniting an alliance of approximately 3,000 U.S. hospitals and 110,000 other providers to transform healthcare. With integrated data and analytics, collaboratives, supply chain solutions, and advisory and other services, Premier enables better care and outcomes at a lower cost. Premier, a Malcolm Baldrige National Quality Award recipient, plays a critical role in the rapidly evolving healthcare industry, collaborating with members to co-develop long-term innovations that reinvent and improve the way care is delivered to patients nationwide. Headquartered in Charlotte, N.C., Premier is passionate about transforming American healthcare. Please visit Premier's news and investor sites on www.premierinc.com; as well as Twitter, Facebook, LinkedIn, YouTube, Instagram, Foursquare and Premier's blog for more information about the company.
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SOURCE DripDrop
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