Physician Sales & Service/Gulf South expect cost savings from renegotiated vendor contracts.
This article was originally published in The Gray Sheet
Executive Summary
PHYSICIAN SALES & SERVICE/GULF SOUTH MEDICAL RENEGOTIATION OF SUPPLIER CONTRACTS is expected to generate most of the cost savings anticipated under the $685 mil. stock-swap merger. PS&S and Gulf South announced a definitive agreement on Dec. 15, which the companies say would create the largest alternate-site distributor on the market.