Amerinet Announces CEO Retirement

Published: Jan 17, 2006

ST. LOUIS, Jan. 17 /PRNewswire/ -- The Amerinet Board of Directors announces the retirement of industry leader Robert "Bud" Bowen from his long- standing position as the innovator and leader of Amerinet, the industry's most effective group purchasing organization, effective March 31, 2006.


"The board accepted Bud's decision to retire with tremendous pride and appreciation for his record of accomplishment, and impact to both the organization and the industry," said Stephen Saucier, chairman of the Amerinet board of directors. "His leadership style embodies the ethics, wisdom and fair business dealings that have come to be hallmarks of the Amerinet organization."

Saucier also affirmed that Amerinet will continue under the leadership of Todd Ebert, president of Amerinet. Ebert carries extensive experience in health care management and leadership and has been responsible for directing all Amerinet operations and support divisions.

"I am honored to have worked with so many fine individuals who have made such a profound contribution to the delivery of health care in our industry," stated Bowen. "Working at Amerinet has been a wonderful and rewarding experience. I leave Amerinet with positive memories of our success and our accomplishments, and am confident that the organization will continue to set the standards for ethics, integrity and excellence within our industry."

During the GPO Senate hearings in 2002, Bowen provided a positive voice for the group purchasing industry. His emphasis on open and inclusive contracting policies and higher customer service standards are reasons Amerinet was heralded as a prime industry example of ethics and integrity during those hearings.

Bowen joined Amerinet at its formation in 1986 as senior vice president, responsible for all contracting activities. Promoted to executive vice president in 1988, Bowen served as the company's chief operations officer until the Amerinet Board of Directors appointed him president in January 1998. The Board named Bowen chief executive officer in July 2004.

Bowen began his career in health care group purchasing in 1977 as director of group purchasing for Haricomp Inc., an organization that later became the Amerinet company, Vector. Prior to his work with Haricomp, Bowen served as director of purchasing/materials management for New England Management Corporation in Barre, Vt. He also served as Tel-American coordinator for the American Hospital Supply Corporation in Bedford, Mass.

Firmly committed to the health care industry he serves, Bowen participates in several advisory boards and professional organizations. He is a fellow in the American Academy of Medical Administrators and a member of the Association for Healthcare Resource and Materials Management (AHRMM).

He has played an integral role in forging Amerinet's reputation for integrity, customer service, industry-leading pricing and innovation. He leads strategic initiatives and industry collaborations to address specific needs of Amerinet's health care provider members. He has served as a chairman of the Health Industry Group Purchasing Association (HIGPA) and as the HIGPA board representative to the Health Industry Business Communication Council (HIBCC). His credentials also include terms as chairman and board member of the Health Care E-business Collaborative (HCeC).

As an expert in health care group purchasing, Bowen is frequently called upon to speak at symposiums for industry organizations. He is also considered a valuable resource for insight on contemporary purchasing issues by health industry trade publications.

Bowen holds an economics degree from Merrimack College in North Andover, Mass.

About Amerinet

Amerinet is one of the most innovative and effective health care group purchasing organizations in the United States, partnering with members to improve their operating margins. Amerinet leads the industry in flexibility with a commitment to providing supplier choice for its members. Amerinet's national network of companies - Amerinet Central, Intermountain Health Care and Vector - has set the standard for customer service for two decades.

More than 1,900 hospitals and 33,000 non-acute care facilities find cost savings and value-added services through Amerinet's comprehensive contract portfolio. Members trust Amerinet to deliver proactive information and integrity.

Photo: NewsCom: Archive: http://photoarchive.ap.orgPRN Photo Desk, photodesk@prnewswire.comAmerinet

CONTACT: Lisa DiMuccio-Conway, Senior Director, Marketing of Amerinet,+1-724-772-8388, or

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