NEWS RELEASE

Novation Plasma Program Adds New Allocation and Enrollment Tool

Online Tool Simplifies Allocation Process for Member

IRVING, TX; May 4, 2006 — Novation, the health care contracting services company of VHA and University HealthSystem Consortium (UHC), has added a new allocation and enrollment tool to its plasma program to simplify the allocation process for members.

The new tool will enable participating members to:

• View and update current allocations and/or distributor selections.
• View monthly year-to-date average of intravenous immune globulin (IVIG) grams and albumin units, instantly, without going through a Novation representative. Requested allocation and/or distributor changes are instantly communicated to the corresponding suppliers and distributors, allowing improved product shipment determination.
• Greatly reduce the time it takes to complete the program’s annual needs assessment. The process typically takes a few months, but using the tool it now takes approximately a month and a half to complete.
• Receive the following year’s allocations earlier than in previous years.
• Use the automated enrollment feature to submit plasma program enrollment information.
• Update contact information to ensure receipt of program correspondence.

“Novation’s investment in this technology to support members is another example that illustrates why Novation’s Plasma Program is the leading program of its kind in the industry,” stated William Woodward, MS, RPH, director of contract and program services for Novation’s Plasma Program. “This technology will streamline the annual needs assessments and provide an easy way for members to request allocation and distributor changes.”

Novation contracts for fractionated products derived from human plasma. Products include IVIG, albumin, antihemophilic factors, hyper-immune globulins, and surgical fibrin sealants.

Novation’s Plasma Program was the first in the industry and has provided unmatched value to VHA and UHC members since 1989. Launched under the health care alliances, Novation’s plasma program currently serves over 1240 members. Since its inception, the program has ensured members exceptional pricing and availability for products covered under the program.

Program participants purchased nearly seven million grams of IVIG in 2005, up over 28 percent from 2004. Through the Novation Plasma Program, participants typically receive significant savings vs. pricing available on the open market.

###

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.

< Back

Print This Page