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

 

NEWS RELEASE

Novation Launches National Group Buy for Cardiovascular Equipment, Nuclear Medicine Equipment, Patient Beds & PET/CT Scanners

Providing Hospitals with Additional Savings and Value

IRVING, TX; May 1, 2007 — Novation, the health care contracting services company of VHA Inc. and the University HealthSystem Consortium (UHC), has launched its second group buy of the year effective now through July 31, 2007. The group buy includes the following categories and suppliers:

Category

Supplier

Cardiovascular Imaging Equipment

GE

Cardiovascular Injection Equipment

Medrad

Patient Beds

Hill-Rom

Nuclear Medicine Equipment

Siemens

PET/CT Scanners

Siemens

“Capital equipment is one of the biggest expense items in hospital budgets and we are always working to help hospitals reduce these costs. VHA and UHC members experience significant savings through Novation’s contract pricing, and they can experience even more savings by participating in the Group Buy Program,” said Denise Rubin, senior director, capital and facilities, at Novation.

Additional group buys will be announced throughout the year.

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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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