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

 

NEWS RELEASE

Novation Announces New Surgical III Standardization Program

Program Helps Hospitals Increase Savings

IRVING, TX; March 5, 2007 — Novation has launched its new Surgical III Program effective now through Dec. 31, 2009. The new program offers additional value and savings on select product categories to hospitals that are members of VHA Inc. and the University HealthSystem Consortium, two national health care alliances.

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

“The Surgical III Program is easier to implement as it has fewer categories, yet offers a similar cooperative return as the previous program,” said Kathy Harlan, senior director, Standardization Program at Novation.

The program is comprised of eight product categories which include the following:

Program Categories

Supplier(s)

Facial Protection and Related Products

Kimberly-Clark Corporation

Instrument Care

Action Surgical Solutions
Ecolab

Laparascopic Irrigation

C.R. Bard/Davol

Lab Sponges, Specialty Sponges and O.R. Towels

NOVAPLUS®/Medical Action Industries

One Step Surgical Skin Prep

3M Health Care

Open and Close Wound Drainage

C.R. Bard
Medline

Surgical Equipment Covers

Microtek Medical Inc.

Surgical Gloves

Ansell
Medline Industries
Regent

Standardization is a challenging aspect of supply chain management, but reducing variation in the types of supplies used can improve both operational and clinical efficiency. The Surgical III Standardization Program assists hospitals in developing their own framework for standardization.

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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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