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  Kathryn Goldstein
Director, Public Relations
(972) 581-5529
kgoldste@novationco.com

 

NEWS RELEASE

Novation Announces New Anesthesia Standardization Program

Signs 25 Anesthesia Agreements

IRVING, TX; January 4, 2007 — Novation launched its new Anesthesia Standardization Program for acute care members on Jan. 1, 2007. The program has similar categories and flexibility as the old program which expired at the end of 2006.

The new program provides incentives averaging more than five percent on purchases within the portfolio, increased cooperative returns for participating members and additional savings from standardization and utilization.

“The new Anesthesia Program offers members greater returns for participation and offers enhanced supplier choices,” said Kathy Harlan, senior director, standardization program at Novation. “Overall member feedback on the changes with the new program has been favorable.”

The program is comprised of nine product categories: air warming, central venous catheters (CVSs) non tunneled, anesthesia masks, anesthesia circuits, endotracheal (ET) tubes, fluid warming, laryngeal mask airways, thermodilution catheters and transducers. Participating suppliers include Ambu, Arrow, Cincinnati Sub-Zero, Edwards, Gaymar, Hospira, Medline, Smiths, Tyco, and Vital Signs.

Subsequently, Novation awarded 25 new anesthesia contracts in multiple product categories. The agreements which began on Jan. 1, 2007, unless otherwise noted, run through Dec. 31, 2009. Many of the new anesthesia contracts are in the new Anesthesia Standardization program. The program categories and companies are as follows:

Product Category

Supplier(s)++

Air warming*

Cincinnati Sub-Zero
(Agreement awarded through Novation’s Supplier Diversity program)

Gaymar Industries

NOVAPLUS®/ Arizant Healthcare Inc.

Anesthesia circuits

Medline

Smiths

Vital Signs

Anesthesia masks*

Medline

NOVAPLUS/ Smiths

Central venous catheters (CVCs)
non-tunneled

Arrow
(effective Nov. 1, 2006 – Oct. 31, 2009)

Endotracheal (ET) tubes*

NOVAPLUS/ Teleflex/ Hudson RCI

Tyco/Nellcor

Fluid warming*

Gaymar

NOVAPLUS/ Arizant Healthcare Inc.

Smiths

Laryngeal mask airways*

Ambu

NOVAPLUS/ LMA

Thermodilution catheters

Edwards

Hospira

Transducers

Hospira

++ Participant must select one supplier per category to which to standardize product purchases.

* For these categories and contracts, both NOVAPLUS-labeled and manufacturer-labeled products are included in the standardization program.

Additional anesthesia agreements were signed, however they are not a part of the Anesthesia Standardization Program. The agreements include:

Product Category

Supplier(s)

Central venous catheters (CVC) non-tunneled

Edwards

In-line blood sampling devices

Edwards

Hospira

Temperature monitoring probes

Smiths

Tracheostomy tubes

Smiths

Tyco/ Nellcor

###

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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