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

 

NEWS RELEASE

Novation Introduces First Product Catalog for Private Label Brand, NOVAPLUS®

Offers One-Stop Resource for VHA Inc. and UHC Members

IRVING, TX; April 27, 2007 — Novation, the industry’s leading health care contracting services company of VHA Inc. and the University HealthSystem Consortium (UHC), recently introduced the first product catalog for its private label brand, NOVAPLUS®. The catalog offers information on more than 1,300 products from the industry’s leading manufacturers and features an easy-to-use format with a quick reference glossary. Products are organized by category and include color images, information about product features and benefits.

“We are excited to offer NOVAPLUS members this new easy reference resource,” said Sandy Wise, RN, MBA, senior director of NOVAPLUS Brand Management at Novation. “We’ve already begun distributing the catalog and the feedback has been tremendous. VHA and UHC members like the catalog’s ‘sleek’ format and find the book ‘professional’ and very user-friendly.”

NOVAPLUS products are identical to their brand-name equivalents and offer hospitals quality products for the best price and the benefits of standardization. NOVAPLUS products include a wide range of products, including anesthesia, medical, pharmaceutical, radiology, respiratory and surgical products.

NOVAPLUS was first introduced in 1985 and provides alliance members with a unique competitive advantage in the supply chain marketplace. In 2006, NOVAPLUS’ portfolio of products helped members realize substantial supply cost savings through NOVAPLUS purchases.

The NOVAPLUS catalog will be produced annually. Alliance members can request catalogs through their Novation portfolio executive or access an electronic copy of the catalog through the member portal on Marketplace@Novation.

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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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