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FOR IMMEDIATE RELEASE
Contact: David McDonough
Phone: 703-243-9262

Leading Health Industry Group Purchasing EXPO To Be Held October 23-25;
Medibuy.com, Neoforma.com and Bayer Corporation Among Event's Sponsors

WASHINGTON, D.C. (July 12, 2000) -- Health industry executives will have the opportunity to discuss critical issues facing the non-labor side of health care at the Health Industry Group Purchasing Association's (HIGPA) annual EXPO from October 23-25, 2000 at the Hyatt Regency Grand Cypress in Orlando, Florida, HIGPA Executive Director Robert Betz, Ph.D. announced today.

EXPO 2000 will feature an impressive list of speakers throughout the three-day event. In addition to interactive educational sessions led by health care purchasing and supply chain experts, attendees will also have the opportunity to network at EXPO's Group Purchasing Organization Pavilions. These pavilions give health care manufacturers, distributors and other vendors unparalleled opportunities to discuss important issues one-on-one with health care group purchasing organization (GPO) executives.

Program topics during the educational sessions will include: the new rules of business in the year 2000; the Internet transformation of health care; market dynamics and sales techniques; global health care technology assessment trends; developments in the alternate site market; and pending regulatory or legislative action, such as a Medicare prescription drug benefit. Additionally HIGPA is planning a special session that will examine how other American industries have harnessed the power of e-commerce. HIGPA expects this year's program to rival EXPO 1999, which attracted over 600 health care executives.

HIGPA is also pleased to announce EXPO 2000's leading sponsors: medibuy.com, Neoforma.com and Bayer Corporation. For information on becoming an EXPO sponsor, please contact HIGPA at 703-243-9262.

medibuy.com, EXPO Gold Sponsor, operates a leading business-to-business Internet marketplace for the purchase and sale of medical and non-medical products and services used by the health care industry worldwide. medibuy.com, with corporate headquarters in San Diego, California, leverages Internet technology to transform the administrative infrastructure of the health care supply chain

Bayer Corporation, EXPO Silver Sponsor, is a research-based company with major business in health care and life sciences, chemicals and imaging technologies. Bayer Corporation, headquartered in Pittsburgh, Pennsylvania, operates 50 manufacturing operations and 50 sales offices nationwide and employees approximately 22,000 people in the United States.

Neoforma.com, EXPO Silver Sponsor, is a leading provider of business-to-business e-commerce services for medical products, supplies and equipment. Headquartered in Santa Clara, California, Neoforma.com aggregates suppliers of a wide range of medical products and presents their offerings to health care organizations in an open, online marketplace.

For more information on registering for EXPO 2000 call 800-355-6784 or register online at www.higpa.org. Members of the media may receive complimentary registrations by contacting David McDonough, HIGPA Director of Communications, at 703-243-9262.

HIGPA-celebrating its 10th anniversary this year-is a national chartered trade association of approximately 160 health care purchasing and supply chain organizations that serve approximately three out of every four U.S. acute care hospitals, as well as most of the long term care, home care and medical group practice markets.

HIGPA's Trading Partner Members include many of the nation's leading health care product and medical supply manufacturers, distributors, wholesalers and related suppliers. HIGPA's Industry Members include for-profit and not-for-profit corporations, purchasing groups, associations, multi-hospital systems, and health care provider alliances. According to a recent study conducted by a former principal analyst at the Congressional Budget Office, hospitals saved patients up to $19 billion in 1999 by purchasing products through group contracts that GPOs offered. To learn more about HIGPA, please visit our web site: www.higpa.org.

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