Breg Digital Press

Breg Signs New Agreement with Premier, Inc.

Breg Signs New Agreement with Premier, Inc. Sports Medicine Leader to Offer Comprehensive Product Portfolio to GPO Members CARLSBAD, Calif. – December 14, 2015 – Breg, Inc., a premier provider of sports medicine products and services, announced today that it has signed a group purchasing agreement with Premier, Inc., a leading healthcare improvement company that operates a group purchasing organization. The three-year contract includes all of Breg’s cold therapy, bracing and soft goods products. The agreement is effective immediately. Premier’s alliance includes approximately 3,600 U.S. hospitals and 120,000 other providers. Premier members purchase more than $44 billion in supplies through contracts annually. “Premier is known for offering its members high-quality, value-added medical products and supplies,” said Brad Lee, president and CEO of Breg. “We are pleased to have been selected as a provider for Premier members. This new agreement gives members access to our comprehensive portfolio of products and services to help care for their patients.” About Breg, Inc. Breg provides premium, high-value sports medicine products and services that advance orthopedic patient care. From pioneering cold therapy and innovative bracing to caring customer service and award-winning orthopedic practice business solutions, Breg delivers a 360⁰ customer experience unmatched in the industry. Founded in 1989, Breg is based in Carlsbad, Calif., and is a company of Water Street Healthcare Partners, a strategic investor focused exclusively on the health care industry. Visit www.breg.com.   Contacts: Kelly Neagu, Breg, Inc.                                                                                       760-795-5996                                                                                                                    kneagu@breg.com

Novation Awards Multiple Contracts to Breg

Novation Awards Multiple Contracts to Breg Agreements Encompass Bracing, Cold Therapy Products and Soft Goods CARLSBAD, Calif. – December 1, 2015 – Breg, Inc., a premier provider of sports medicine products and services, announced today that it has been awarded three contracts by Novation, a leading health care services organization. Members served by Novation will have access to improved pricing for Breg’s portfolio of cold therapy devices, sports bracing products and soft goods dedicated to advancing orthopedic care.  The aging U.S. population, rising prevalence of chronic conditions and the health care industry’s focus on containing costs through non-surgical treatments are driving demand for rehabilitative products.  Breg’s agreements with Novation will be offered to members and affiliates of VHA Inc., UHC, Children's Hospital Association and Provista LLC., to purchase Breg’s products to treat their patients.  The contracts encompass a three-year extension agreement for cold therapy, a new three-agreement for sports bracing and a new three year agreement for soft goods. Breg is also the NOVAPLUS® supplier (the private label brand of Novation) for cold therapy. “We are honored Novation has extended and expanded our six-year relationship to provide Breg’s bracing, soft goods and cold therapy products to its network of health care providers,” said Brad Lee, president and CEO, Breg. “We are particularly pleased with the soft goods agreement, which includes our innovative, new product solutions.” About Breg, Inc. Breg provides premium, high-value sports medicine products and services that advance orthopedic patient care. From pioneering cold therapy and innovative bracing to caring customer service and award-winning orthopedic practice business solutions, Breg delivers a 360⁰ customer experience unmatched in the industry. Founded in 1989, Breg is based in Carlsbad, Calif., and is a company of Water Street Healthcare Partners, a strategic investor focused exclusively on the health care industry. Visit www.breg.com.   […]

Breg Promotes Brad Lee to President and CEO

CARLSBAD, Calif. – February 25, 2015 – Breg, Inc., a premier provider of sports medicine products and services, announced today that its board of directors has promoted Brad Lee to president and chief executive officer.  A 22-year veteran of the medical device industry, Mr. Lee, 49, has served as president of Breg for the past six years.  Under his tenure, Breg has doubled its revenues and grown at two times the industry average. “We are pleased to promote Brad to president and chief executive officer, the culmination of a rigorous process that we initiated several years ago," said Stuart Essig, chairman of the board of directors, Breg.  "Brad is an enormously talented executive and effective competitor.  He has led Breg through a tremendous period of growth to position the company as an industry leader and innovator.  He is the right leader to continue to drive Breg’s expansion and profitability." Since joining Breg in 2008, Mr. Lee has transformed the company from a products business into an organization offering comprehensive solutions to address the changing needs of orthopedic providers.  In 2012, he partnered with Water Street Healthcare Partners, a strategic investor focused exclusively on the health care industry, to transition Breg from a division of Orthofix International N.V. to a standalone company.  Together with Water Street, he has expanded the company’s capabilities and completed three acquisitions, including United Orthopedic Group, to position Breg as a leading provider of sports medicine, rehabilitative products and services.  The company recently was honored as one of San Diego’s top workplaces by the San Diego Union-Tribune. “I am very excited about the current trajectory here at Breg and look forward to the continued success I envision for the business,” said Mr. Lee. “I am particularly encouraged by the rapid adoption of our orthopedic solutions, which focus […]