Olympus announced today that it has secured a contract for its advanced energy portfolio by Provista Inc. This nationwide agreement grants Provista members access to negotiated pricing for Olympus energy products, including the POWERSEAL sealer/divider, the SONICBEAT ultrasonic portfolio, and the THUNDERBEAT hybrid energy portfolio. The contract went into effect on July 1, 2023.
Under this contract, Provista members can benefit from Olympus’ advanced energy portfolio, which includes the Universal Surgical Energy Generator (EPF-1), the SONICBEAT Ultrasonic Energy Portfolio, the THUNDERBEAT Hybrid Energy Portfolio, and the POWERSEAL Sealer/Divider. These products offer various surgical energy options and features such as precise dissection, secure tissue grasping, efficient cutting, and versatile sealing.
Jay Sullivan, Group Vice President of Enterprise Solutions, Medical Systems Group at Olympus, emphasized the importance of contract awards in their business. He highlighted that the Provista contract creates opportunities for customers, such as Ambulatory Surgery Centers (ASCs), to access state-of-the-art equipment for improved patient care within a value-based framework. Olympus aims to expand its presence in the ASC market.
Olympus’ energy portfolio, including the THUNDERBEAT hybrid energy devices and POWERSEAL devices, can be utilized in various surgical procedures, including general surgery, gynecological, colorectal, bariatric, urological, thoracic, and vascular surgeries.
The EPF-1 generator, along with its accessories and ancillary equipment, is intended for use by qualified physicians in cutting and coagulation of tissue in open, laparoscopic, and endoscopic surgeries. Proper use and compatibility with associated equipment are crucial to avoid complications for patients.
For more information about Olympus’ energy portfolio, interested parties can visit the SONICBEAT, THUNDERBEAT, POWERSEAL, and EPF-1 Generator product pages.
Olympus Corporation of the Americas, a subsidiary of Olympus Corporation, is based in Center Valley, Pennsylvania, and is dedicated to improving patient outcomes by providing medical technology solutions and services worldwide.
Olympus Corporation of the Americas operates in the medical technology industry, providing advanced energy products for surgical procedures. The company is focused on improving patient outcomes through their innovative solutions and services.
In the medical technology industry, there is a growing demand for advanced energy products that offer precise dissection, secure tissue grasping, efficient cutting, and versatile sealing. These products play a crucial role in various surgical procedures, such as general surgery, gynecological, colorectal, bariatric, urological, thoracic, and vascular surgeries.
With the nationwide contract secured with Provista Inc., Olympus extends its reach to Ambulatory Surgery Centers (ASCs) and other Provista members. This contract not only grants access to Olympus’ advanced energy portfolio but also offers negotiated pricing, providing cost-effective solutions to these healthcare facilities.
Market forecasts for the medical technology industry indicate steady growth in the coming years. With advancements in surgical techniques and increasing demand for minimally invasive procedures, the need for advanced energy products is expected to rise. Olympus aims to expand its presence in the ASC market, capitalizing on these trends.
However, there are challenges associated with the industry and the products offered by Olympus. Proper use of the energy devices, such as the THUNDERBEAT hybrid energy devices and POWERSEAL devices, is crucial to ensure patient safety and avoid complications. Physicians must be qualified and trained in utilizing these devices, and compatibility with associated equipment must be ensured.
Those interested in learning more about Olympus’ energy portfolio can visit the product pages of SONICBEAT, THUNDERBEAT, POWERSEAL, and EPF-1 Generator on the company’s website.
For more information about the medical technology industry and market trends, you can visit MedTech Intelligence or IQVIA US, two reputable sources for industry insights and market forecasts.
Overall, Olympus Corporation of the Americas is dedicated to advancing surgical technology and delivering improved patient care through their advanced energy products. Their nationwide contract with Provista Inc. allows them to reach a wider customer base and contribute to the growth of the medical technology industry.