NEWS RELEASE
Novation Awards Contract to Riverain Medical
IRVING, TX; January 13, 2006 Novation, the health care contracting services company for VHA Inc. and the University HealthSystem Consortium (UHC), has awarded a contract to Riverain Medical for chest radiograph computer aided detection (CAD) systems. The agreement began on Jan. 1, 2006 and runs through Dec. 31, 2007.
The agreement was awarded through Novation's technology evaluation process. After careful review of the product and supporting documentation, Novation's Diagnostic Imaging Council determined that Riverain's CAD systems were unique and therefore the award was not competively bid.
Riverain Medical offers the only U.S. Food and Drug Administration-approved chest radiograph CAD system capable of assisting in the detection of early-stage lung cancer.
“Novation is committed to ensuring that VHA and UHC members that purchase new and potentially innovative health care technology will find value and cost savings because of the contracts awarded for products such as the Riverain Medical CAD system,” said Cathy Denning, senior director, contract and program services, at Novation.
The agreement includes the following products: RapidScreen® RS-2000 (analog), RapidScreen RS-2000 A-D, RapidScreen RS-2000D (digital), options and accessories, and service agreements.
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About Novation
Founded in 1998, Irving, Texas-based, Novation is the leading health care contracting services company, delivering unmatched savings and value to nearly 2,500 members of VHA Inc. and the University HealthSystem Consortium (UHC), two national health care alliances and nearly 12,000 members of Provista, LLC. Through its competitive contracting process, Novation develops and manages contracts with more than 500 suppliers. Novation offers the most extensive range of advanced contracting services, including: contract development, contract and supplier management, custom contracting, enhanced savings programs, online contract management and analytical tools, order management and online supplier connectivity. VHA, UHC and Provista members used Novation contracts to purchase more than $33.1 billion in 2007.
Media Contact
Kathryn Goldstein
Director, Public Relations
Novation
(972) 581-5529
kgoldste@novationco.com
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